Colgate Palmolive India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 16, 2008, considered and approved a Scheme of Amalgamation which provides for the merger of SS Oral Hygiene Products Pvt Ltd ("SS Oral"), a wholly owned subsidiary of the Company with itself. The Appointed Date for the Scheme of Amalgamation is April 01, 2008. The entire Equity Share Capital of SS Oral is held by the Company. Therefore, upon the Scheme becoming effective the entire equity share capital of SS Oral will stand automatically cancelled and there will be no issue and allotment of shares pursuant to the Scheme. The Scheme of Amalgamation is, inter-alia, subject to the necessary approvals under the Companies Act, 1956 including the high Court of Andhra Pradesh. Colgate Palmolive India Ltd has informed BSE that SS Oral Hygiene Products Pvt. Ltd, 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 Pvt. Ltd with the Company. Further the Company has 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) is being 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. (As Per BSE Announcement Dated on 26/03/2009)