Temporary stoppage of work at Colgate-Palmolive India Goa unit

Company says the disruption is temporary and will have minimum impact on the company's business

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Press Trust of India New Delhi
Last Updated : Jan 29 2013 | 2:34 PM IST

FMCG major Colgate-Palmolive India today said work has been temporarily stopped at its toothpaste manufacturing facility in Goa by some workers primarily protesting against suspension of a colleague.

"Some of the workmen at our Goa toothpaste manufacturing factory have resorted to unauthorised temporary stoppage of work, effective January 6, 2013," Colgate-Palmolive India said in a filing to BSE.

They are primarily protesting against the suspension of a workman, who was suspended on disciplinary grounds, it added.

"The company is following the due process and expects to resolve the issue shortly," Colgate-Palmolive India said.

The disruption of work at Goa factory is temporary and will have minimum impact on the company's business, it added.

Colgate-Palmolive is present in the segments of oral care, personal care, home care and professional oral care.

Shares of Colgate-Palmolive India today closed at Rs 1,537.10 on BSE, up 0.75% from their previous close.

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First Published: Jan 07 2013 | 7:44 PM IST

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