Colgate Palmolive (India) Limited — Important, 21-02-2025: Disclosure of material issue

The Company has received a final GST order from the Gujarat GST Authority for the financial year 2020-21, leading to a substantial reduction in the initial demand from approximately ₹4.75 crore to ₹0.1377 crore. The revised figure consists of ₹0.0729 crore in tax, ₹0.0576 crore in interest, and a penalty of ₹0.0073 crore, stemming from allegations of ineligible Input GST claims. Importantly, this order does not impact the Company's financial operations or activities, allowing it to maintain a positive outlook moving forward. Colgate-Palmolive (India) Limited will take the necessary actions regarding this GST order.