Colgate Palmolive (India) Ltd. has recorded a significant block trade on the National Stock Exchange (NSE), highlighting notable institutional investor activity in the FMCG major's shares.

Block Trade Details

The transaction represents a substantial institutional deal executed through the NSE's block trading mechanism. The following table summarizes the key parameters of this trade:

Market Significance

Block trades are typically executed by institutional investors, including mutual funds, insurance companies, foreign institutional investors, and other large market participants. These transactions are conducted outside the regular trading mechanism to avoid significant market impact that could occur from large-volume orders in the normal trading system.

The price of ₹2,093.00 per share represents the negotiated rate between the buyer and seller for this bulk transaction. Such trades often indicate strategic portfolio adjustments by institutional investors or potential changes in shareholding patterns among major stakeholders.

Transaction Mechanics

The NSE block trading window allows for the execution of large-volume transactions with minimal market disruption. Key characteristics of this transaction include:

• Volume: The trade involved approximately 107,471 shares
• Value: Total consideration of ₹22.49 crores
• Execution: Conducted through NSE's specialized block trading mechanism
• Price Discovery: Negotiated rate of ₹2,093.00 per share

This block trade activity reflects continued institutional interest in Colgate Palmolive (India) Ltd., a prominent player in the Indian FMCG sector. The transaction's substantial size underscores the stock's liquidity and appeal among large investors seeking significant position adjustments.

Colgate Palmolive (India) Limited has disclosed receiving a significant tax demand from the Income Tax Department, marking a major regulatory development for the consumer goods company. The assessment order, received on December 24, 2025, pertains to the financial year 2021-22 and carries substantial financial implications.

Assessment Order Details

The Income Tax Department has issued an assessment order under Section 143(3) read with Section 144C(13) and Section 144(B) of the Income Tax Act, 1961, along with a Notice of Demand under Section 156. The following table outlines the key parameters of the tax demand:

Primary Reasons for Tax Demand

The substantial tax demand of ₹267.64 crores has been raised primarily on two key grounds:

• Transfer Pricing Adjustments: The major portion of the demand stems from transfer pricing adjustments made by the tax authorities
• Expense Disallowances: Certain expenses claimed by the company have been disallowed by the Income Tax Department

The assessment order specifically covers the financial year 2021-22, corresponding to Assessment Year 2022-23, indicating a comprehensive review of the company's tax filings for that period.

Company's Response and Impact Assessment

Colgate-Palmolive (India) Limited has maintained that the assessment order will not affect its business operations. The company has categorically stated that there is no impact on financials, operations, or any other activities due to the said order. This suggests the company views the demand as a procedural matter that can be addressed through appropriate legal channels.

The regulatory filing indicates that no penalties, restrictions, or sanctions have been imposed pursuant to the communication, and no aberrations or non-compliances have been identified by the authority beyond the transfer pricing and expense disallowance issues.

Legal Course of Action

The company has outlined its immediate response strategy to challenge the assessment order:

The company plans to file an appeal before the Income Tax Appellate Tribunal against the assessment order, which is a standard legal recourse available to taxpayers who disagree with tax authorities' decisions.

Regulatory Compliance and Disclosure

The disclosure has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the assessment order was received on the evening of December 24, 2025, and since December 25, 2025, was a public holiday, the intimation to stock exchanges was submitted on December 26, 2025.

This regulatory filing demonstrates the company's commitment to maintaining transparency with stakeholders regarding material developments that could potentially impact investor interests, even when the company believes there will be no operational or financial impact.