Karachi, Colgate Palmolive Pakistan Limited informed Pakistan Stock Exchange that there was a fire at the Kotri factory, causing damage to small portion of one section of the plant. Fire was spotted immediately and required steps were taken. The situation was under complete control within an hour of the incident.
Colgate-Palmolive Pakistan Limited was initially incorporated in Pakistan on December 5, 1977 as a public limited company with the name of National Detergents Limited. The name of the company was changed to Colgate-Palmolive Pakistan Limited on March 28, 1990 when the company entered into a Participation Agreement with Colgate-Palmolive Company, USA. The company is mainly engaged in the manufacture and sale of detergents, personal care and other related products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges. The registered office of the Company is situated at Karachi.
The symbol “COLG” is being used by the stock exchanges for the shares of Colgate Palmolive Pakistan Limited.