Temporary stoppage of work at Colgate-Palmolive India Goa unit
FMCG major Colgate-Palmolive India today said work has been temporarily stopped at its toothpaste manufacturing facility in Goa.
"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 per cent from their previous close.
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