Colgate Palmolive (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 30, 2015, has considered and recommended a bonus issue of one equity share for every equity share held, as on the record date to be determined by the Board. The bonus issue of equity shares will be subject to approval by the shareholders, through postal ballot and the record date will be announced separately. The above proposal for issuance of bonus shares was not part of the agenda to the Board meeting held on July 30, 2015 and was decided at the Board Meeting.
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