Colgate declares Second Interim Dividend of Rs 6/- per share for 2008-09

This dividend is in addition to the first interim dividend declared by the Company in December 2008 of Rs 9/- per share.

Bangalore, Karnataka, March 31, 2009 /India PRwire/ -- At the meeting held today, Colgate's Board announced a second interim dividend declaration for the Financial Year 2008-09 of Rs 6/- per share of Re 1 each (face value). The dividend payout to the shareholders will be Rs. 81.6 Crores (Rs. 95.5 Crores inclusive of the dividend distribution tax) and will be paid on or about April 23, 2009 to those shareholders whose names are on the Register of Members of the Company as on April 9, 2009.

This dividend is in addition to the first interim dividend declared by the Company in December 2008 of Rs 9/- per share.

For the financial year ended March 31, 2008, the Company had declared an interim dividend of Rs 6/- per share and a final dividend of Rs 7/- per share.

Colgate-Palmolive (India) Limited is India’s leading provider of scientifically proven oral care products with multiple benefits at various price points. The range includes toothpastes, toothpowder and toothbrushes under the “Colgate” brand, as well as a specialised range of dental therapies under the banner of Colgate Oral Pharmaceuticals. These have become an essential part of daily oral hygiene and therapeutic oral care in India. The Company also provides a range of personal care products under the ‘Palmolive’ brand name. Colgate was ranked as India’s Most Trusted Brand across all categories for four consecutive years in 2003 to 2006 by Brand Equity’s Most Trusted Brand Survey. Prior to this, Colgate was also rated as the #1 brand by the A&M – MODE Annual Survey for India’s Top Brands for eight out of nine years during the period 1992 to 2001. In Brand Equity’s 2007 Most Trusted Brand survey, Colgate was rated the leading FMCG Brand. For more information about Colgate’s business, visit the Company’s website on the internet at www.colgate.co.in

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