Colgate-Palmolive shares drop as chairman Vinod Nambiar resigns
Updated : August 01, 2018 12:13 PM IST
Shares of Colgate Palmolive have dropped by 30 basis points, as of 11:48 am, after the company said in an exchange filing that their chairman Vinod Nambiar has put down his papers.
The stock fell as soon the news broke out. The company, until the news, was gaining in trade.
Nambiar informed the company board that he has resigned due to his taking a leave of absence from the company for personal reasons.
Published : August 01, 2018 12:12 PM IST