(A) Shares held by Ultimate Holding Company and its Subsidiaries
 
 (i) 5,44,76,347 (Previous Year : 5,44,76,347) Equity Shares are held by
 Colgate-Palmolive Company, U.S.A., the Ultimate Holding Company.
 
 (ii) 1,48,79,426 (Previous Year : 1,48,79,426) Equity Shares are held
 by Colgate-Palmolive (Asia) Pte. Ltd., Singapore, Subsidiary of the
 Ultimate Holding Company.
 
 (iii) 563 (Previous Year : 563) Equity Shares are held by Norwood
 International Incorporated, U.S.A., Subsidiary of the Ultimate Holding
 Company.
 
 (B) Rights, Preference and Restriction attached to Shares
 
 The Company has one class of Equity Shares having par value of Rs 1 per
 share. Each Shareholder is eligible for one vote per share held. The
 dividend proposed by the Board of Directors is subject to the approval
 of the Shareholders in the ensuing Annual General Meeting, except in
 case of interim dividend. In the event of liquidation, the Equity
 Shareholders are eligible to receive the remaining assets of the
 Company after distribution of all preferential amounts, in proportion
 to their shareholding.
 
 (A) During the previous year, pursuant to the Scheme of Amalgamation
 (the Scheme) sanctioned by the order dated August 11, 2010 of the
 High Court of Judicature at Andhra Pradesh, CC Healthcare Products
 Private Limited (CCH), 100% subsidiary of the Company, engaged in
 the business of manufacturing of toothpowder, has been amalgamated with
 the Company with effect from April 1, 2009. The amalgamation has been
 accounted as per the Scheme which is in accordance with the Pooling
 of Interests method as prescribed by Accounting Standard (AS-14),
 ''Accounting for Amalgamations''.
 
 In accordance with the said Scheme:
 
 i) the assets and liabilities of CCH have been taken over by the
 Company with effect from April 1, 2009 and have been recorded at their
 respective book values.
 
 ii) General Reserve and Surplus in the Statement of Profit and Loss
 aggregating Rs 2,56.27 Lacs as on April 1, 2009 of CCH has been
 transferred to General Reserve.
 
 iii) 2,00,000 Equity Shares of Rs 10 each fully paid in CCH held as an
 investment by the Company stands cancelled. The deficit of Rs 1,52.89
 Lacs between the net assets and reserves taken over from CCH and the
 book value of investment held by the Company in CCH, after adjustment
 of dividend payable by CCH, have been adjusted to General Reserve.
 
 (A) There are no delays in payments to Micro and Small enterprises as
 required to be disclosed under the Micro, Small and Medium Enterprises
 Development Act, 2006. The information regarding Micro and Small
 enterprises has been determined to the extent such parties have been
 identified on the basis of information available with the Company.
 
 Note 1 : Contingent Liabilities and Commitments
 
 (To the extent not provided for)
 
 (A) Contingent Liabilities
 
 Claims against the Company not acknowledged as debts :
 
 - Excise and Related Matters                       39,40.70     41,91.42
 
 - Service Tax Matters                               4,78.15      5,30.49
 
 - Income Tax Matters                                3,10.93      3,10.93
 
 - Provident Fund Matters                               7.37         7.37
 
 - Commercial Matters                                1,69.13      1,55.41
 
 Future cash flow in respect of the above, if any, is determinable only
 on receipt of judgements/decisions pending with the relevant
 authorities.
 
 (A) The amount of excise duty disclosed as deduction from turnover is
 the total excise duty for the year except the excise duty related to
 the difference between the closing stock and opening stock and excise
 duty paid but not recovered, which has been disclosed as
 ''Increase/(Decrease) in Excise Duty on Finished Goods'' in Note 26.
 
 (A) Voluntary Retirement Scheme was offered to the employees at the
 toothpowder factory in Hyderabad during the year. All the employees
 have availed the benefit of the said Scheme (Cost Rs 8,22 Lacs) and the
 manufacturing operations have discontinued.
 
 I. The Guidance Note issued by Actuarial Society of India on
 Implementing AS-15 issued by the Accounting Standard Board (ASB) of the
 Institute of Chartered Accountants of India states that Provident Funds
 set up by employers that guarantee a specified rate of return and which
 require interest shortfall to be met by the employer would be Defined
 Benefit Plans in accordance with paragraph 26(b) of AS-15. Pursuant to
 the Guidance Note, the actuarial valuation carried out as at March 31,
 2012 has determined the liability in respect of the shortfall of
 interest earnings of Fund as Nil. As per the actuarial valuation
 report, the interest shortfall liability being Other Long-term
 Employee Benefits, detailed disclosures as prescribed in the
 Accounting Standard are not required.
 
 (A) Research and Development expenses of the year for the Company
 aggregates Rs 5,03.40 Lacs (Previous Year : Rs 4,32.71 Lacs)
 
 Note 2 : Segment Information
 
 In accordance with the requirements of Accounting Standard-17
 Segment Reporting, the Company has identified Business Segment as
 its primary segment. The Company''s Business Segment is Personal
 Care (including Oral Care) and hence it has no other primary
 reportable segments. Non Reportable Segment has been disclosed as
 unallocated reconciling item. Segment revenue and Segment expenses have
 been accounted on the basis of their relationship to the operating
 activities of the Company. Assets and liabilities which relate to the
 enterprise as a whole and are not allocable to the segment on a
 reasonable basis have been included under unallocated
 assets/liabilities. Revenue and expenses pertaining to non reportable
 segment have been disclosed as unallocated results.
 
 Note 3 : Reversal in Current Tax pertaining to prior year includes
 reversals for Fringe Benefit Tax of Rs 1,90.19 Lacs (Previous Year : Rs
 7,49.02 Lacs).
 
 Note 4 : Appointment of P. Parameswaran (Ms.) as the Managing Director
 of the Company effective February 1, 2012, is pending receipt of
 approval from the Central Government and approval of the Shareholders
 of the Company will be sought at the ensuing Annual General Meeting.
 During the year, an aggregate remuneration of Rs 61.29 Lacs has been
 paid to her.
 
 Note 5 : The financial statements for the year ended March 31, 2011
 were prepared as per the then applicable, erstwhile Schedule VI to the
 Companies Act, 1956. Consequent to the notification of Revised Schedule
 VI under the Companies Act, 1956, the financial statements for the year
 ended March 31, 2012 are prepared as per Revised Schedule VI.
 Accordingly, the previous year figures have also been reclassified to
 conform to this year''s classification. The adoption of Revised
 Schedule VI for previous year figures does not impact recognition and
 measurement principles followed for preparation of financial
 statements.