Honasa Consumer Limited has submitted a regulatory filing confirming that no dematerialization requests for its shares were received during the quarter ended March 31, 2026. The certificate was filed with stock exchanges on April 02, 2026, in compliance with mandatory disclosure requirements.

Regulatory Compliance Certificate

The certificate was issued by KFin Technologies Limited, which serves as the registrar and share transfer agent for Honasa Consumer Limited. The document confirms that during the period from January 01, 2026 to March 31, 2026, no requests for dematerialization or re-materialization of shares were received.

Stock Exchange Filing

The disclosure was submitted to both major Indian stock exchanges where the company's shares are listed. The filing was addressed to the listing departments of National Stock Exchange of India Limited (Symbol: HONASA) and BSE Limited (Scrip Code: 544014).

The certificate was signed by Gaurav Pandit, Company Secretary and Compliance Officer of Honasa Consumer Limited, and countersigned by Sharmila Hemant Amin, Assistant Vice President at KFin Technologies Limited.

Transparency and Disclosure

As part of its commitment to transparency, Honasa Consumer Limited has made this disclosure available on its official website at www.honasa.in . This practice ensures that all stakeholders have access to the company's regulatory filings and compliance certificates.

The quarterly certificate under Regulation 74(5) is a mandatory requirement that helps maintain transparency in share transfer and dematerialization processes, providing investors with regular updates on any changes in the company's shareholding pattern through dematerialization activities.

Honasa Consumer Limited has secured a significant legal victory in Dubai, with the Court of Appeal substantially reducing the award amount in its ongoing litigation dispute. The company disclosed this development through a regulatory filing on February 17, 2026, providing detailed updates on the court proceedings.

Court Reduces Award Amount Significantly

The Court of Appeal in Dubai passed a judgment on February 11, 2026, dramatically reducing the previously awarded amount from approximately AED 25 million to AED 1.7 million. This represents a substantial decrease in the compensation awarded to RSM General Trading LLC for material and moral damages.

RSM Found in Breach of Contract

The Court of Appeal made important observations regarding RSM's performance under the agreement. The court specifically noted that RSM General Trading LLC had breached certain contractual obligations, particularly in failing to meet expected sales performance during the agreement term. This finding appears to have influenced the court's decision to significantly reduce the award amount.

Company's Legal Strategy and Protection

Honasa Consumer has outlined its next steps in the legal proceedings. The company plans to file an appeal against the judgment before the Cassation Court, which is the highest court in Dubai, UAE. This appeal must be filed within 30 days in accordance with UAE procedural laws.

Additionally, the company has secured protection through Indian courts. Honasa Consumer had filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, before the Delhi High Court. The Delhi High Court allowed this petition and granted an anti-enforcement injunction restraining RSM from enforcing any judgment or decree passed by the Dubai Courts.

Limited Financial Impact

The company has indicated that there is no financial impact from these proceedings. Due to the pending arbitration proceedings in India and the anti-enforcement injunction, any judgments or orders passed by the Dubai Courts will not be executable in India until the arbitration proceedings are concluded, or in the UAE until the Cassation Court decides on the company's appeal.

Background and Continuity

This disclosure continues from the company's earlier communication dated April 03, 2025, regarding the ongoing litigation. The current judgment follows a previous Cassation Court ruling that overturned an earlier Appeal Court judgment dated October 15, 2024, and referred the matter back to the Court of Appeal for rehearing by a new bench, which has now resulted in this favorable outcome for Honasa Consumer.