Colgate Palmolive India has announced that SS Oral Hygiene Products, a wholly owned subsidiary of the company, had applied to the Andhra Pradesh high court for sanctioning of the scheme of amalgamation of SS Oral Hygiene Products with the company.
The company made the announcement in its latest disclosure to Bombay Stock Exchange.
Further the company informed that the high court has sanctioned the said scheme of amalgamation by its order dated February 24, 2009 and a copy of the High Court Order (received on March 26, 2009) has been filed with the registrar of companies at Hyderabad on March 26, 2009. The said scheme of amalgamation will finally become effective the date on which the order is filed with the registrar of companies at Hyderabad.
— Shailesh Shah
