The on-going disputes at various courts between JHS Svendgaard Laboratories and various group companies of Procter & Gamble in India, have been settled with mutual consent and concluded positively for JHS. The settlement clears contingent liabilities to the tune of Rs 206.15 crore, from the balance sheet of JHS.
JHS Svendgaard Laboratories offers oral care products (toothbrushes, toothpastes, mouthwash, whitening gels and denture products) for national and global FMCG brands. The Company also manufactures laundry products.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2241.10 |
| Godrej Consumer Prod | 1108.20 |
| Dabur India | 442.10 |
| Colgate Palmol. (I) | 2106.20 |
| P&G Hygiene | 10006.55 |
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