Colgate-Palmolive India renews royalty deal with Colgate-Palmolive USA

Colgate-Palmolive India renews royalty deal with Colgate-Palmolive USA

Colgate-Palmolive India has today announced it has entered into a new five year royalty agreement with its holding company, Colgate-Palmolive USA.

As before, royalties will be paid to the holding company for the use of its know-how and intellectual rights.

The renewal agreement was approved by the board of directors during a meeting, according to a filing, which stated that it was renewed, “substantially on the same terms and conditions as that of the previous one.”

TOP 50 BRANDS

IN CONVERSATION WITH...

OPINION

FORMULA FRIDAY

WELLNESS

FASHION

TRAVEL

PROFESSIONAL BEAUTY