Jyothy Labs to Pursue Legal Action Against Henkel Over Pril & Fa Brand Exit

1 min read     Updated on 16 Jun 2026, 05:41 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Jyothy Labs Limited has decided to pursue legal remedies against Henkel AG & Co. KGaA to enforce contractual rights under the License Agreements for Pril and Fa brands, originally executed on May 31, 2011. The Board of Directors met on June 15, 2026, following Henkel's non-renewal of the brands, and concluded that legal action is necessary to uphold the agreed exit and transition mechanism.

powered bylight_fuzz_icon
43084048

*this image is generated using AI for illustrative purposes only.

Jyothy Labs Limited has decided to pursue legal remedies against Henkel AG & Co. KGaA to assert its contractual rights concerning the exit and transition mechanism under the License Agreements and Technology License Agreements for the Pril and Fa brands. This decision follows the non-renewal of these brands by Henkel, as previously intimated on May 9, 2026. The company's Board of Directors met on June 15, 2026, to evaluate available options and concluded that legal action is necessary to uphold the terms of the agreements executed on May 31, 2011.

Agreement Details

The License Agreements and Technology License Agreements involve Erstwhile Henkel India Limited, which has since amalgamated with Jyothy Labs Limited, and Henkel AG & Co. KGaA. These agreements cover the manufacturing, distribution, marketing, and sale of products under the Pril and Fa brands. The key details of the agreement are outlined below:

Sr. No Particulars Details
A Name of parties to the Agreement Erstwhile Henkel India Limited (since amalgamated with Jyothy Labs Limited) and Henkel AG & Co. KGaA
B Nature of the Agreement License Agreements and Technology License Agreements for manufacturing, distribution, marketing and sale under Pril and Fa brands
C Date of execution of the Agreement May 31, 2011
D Details of termination and impact Subsequent to discussions and communication from Henkel, the Company has evaluated all available options and concluded to pursue appropriate legal remedies

Regulatory Disclosure

The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shreyas Parag Trivedi, Head – Legal & Company Secretary, signed the disclosure on behalf of the company. Jyothy Labs stated that it will keep the stock exchanges informed of any further material developments.

Historical Stock Returns for Jyothy Laboratories

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%+2.63%-6.65%-27.97%-38.52%+29.60%

How will the potential loss of the Pril and Fa brands impact Jyothy Labs' revenue projections for the upcoming fiscal year?

What is the estimated timeline for the legal proceedings, and how might prolonged litigation affect the company's operational focus?

Does Jyothy Labs have a contingency plan to replace the manufacturing capacity currently utilized for these licensed brands?

Jyothy Labs fixes June 29 record date for FY 2025-26 dividend

1 min read     Updated on 12 Jun 2026, 04:57 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Jyothy Laboratories has fixed June 29, 2026, as the record date for the FY 2025-26 dividend. The 35th AGM is scheduled for July 14, 2026, via video conferencing. Remote e-voting will be open from July 11 to July 13, 2026.

powered bylight_fuzz_icon
42766019

*this image is generated using AI for illustrative purposes only.

Jyothy Laboratories has fixed Monday, June 29, 2026, as the record date to determine the entitlement of members to the dividend for FY 2025-26. The company will hold its 35th Annual General Meeting (AGM) through Video Conferencing (VC) or Other Audio Visual Means (OAVM) on Tuesday, July 14, 2026, at 11:30 A.M.

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the record date was established to identify shareholders eligible for the payout. The meeting will be conducted without the physical presence of members at a common venue, in compliance with the General Circular no. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs.

Shareholders holding shares in physical form or those whose email IDs are not registered with the company can cast their votes through remote e-voting or during the AGM. The remote e-voting period begins on Saturday, July 11, 2026, at 9:00 A.M. and ends on Monday, July 13, 2026, at 5:00 P.M. Members holding shares as of the cut-off date, Tuesday, July 7, 2026, are eligible to vote electronically.

The company will only send soft copies of the Notice and Annual Report for FY 2025-26 to shareholders whose email IDs are registered with the company, Registrar and Share Transfer Agent (RTA), or Depository Participant as on Friday, June 12, 2026. Members without registered email IDs may request a soft copy or access the documents via the company's website.

Key Event Dates

Event Date
Record Date June 29, 2026
AGM Date July 14, 2026
Remote E-voting Start July 11, 2026
Remote E-voting End July 13, 2026
E-voting Cut-off Date July 7, 2026

Historical Stock Returns for Jyothy Laboratories

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%+2.63%-6.65%-27.97%-38.52%+29.60%

What dividend per share is Jyothy Laboratories expected to declare for FY 2025-26?

How might the company's financial performance in FY 2025-26 influence future dividend payouts?

What strategic initiatives or growth plans will be discussed during the 35th AGM?

More News on Jyothy Laboratories

1 Year Returns:-38.52%