BSECompany Update8 Aug 2026 · 8 Aug 2026, 09:33 am

Cassation Court, Dubai, UAE Judgement in the matter of RSM General Trading LLC

Honasa Consumer Ltd · 544014

✦ AI SummaryLitigation

Honasa Consumer Ltd has received a judgment from the Cassation Court, Dubai, UAE, in the matter of RSM General Trading LLC, awarding AED 1,707,407.06 to RSM for material and moral damages. The Company expects no financial impact due to the reliefs granted by the Arbitral Tribunal.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Honasa Consumer Ltd - 544014 - Cassation Court, Dubai, UAE Judgment In The Matter Of RSM General Trading LLC

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August 08, 2026 Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Symbol: HONASA Scrip Code: 544014 Sub.: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Cassation Court, Dubai, UAE Judgment dated July 29, 2026. Dear Sir / Madam, This is in continuation of the Company’s prior disclosure dated February 17, 2026 under Regulation 30 of the Listing Regulations, regarding update on the ongoing litigation between Honasa Consumer Limited (“Company”) and RSM General Trading LLC (“RSM”) in the Dubai Courts. We hereby inform that the Cassation Court, Dubai, UAE (“Cassation Court”) has passed a judgment on July 29, 2026 (“Cassation Court Judgement”), translated copy of which was received by the Company on August 07, 2026 at 16:35 pm (IST). Vide the said Judgment, the Cassation Court has dismissed the Appeals filed by both Parties. The Cassation Court has upheld the judgment issued by the Court of Appeals on February 11, 2026, vide which, it awarded an amount of AED 1,707,407.06 (INR 4,43,12,369/-) to RSM as compensation for material and moral damages. We find it imperative to mention here that RSM in its appeal had sought damages to the tune of AED 45,000,000, which has categorically been rejected by the Cassation Court. We also find it imperative to clarify here that the Arbitral Tribunal as appointed by the Hon’ble Supreme Court of India (“Indian Arbitral Tribunal”), passed an Arbitral Award dated May 14, 2025 as amended by Section 33 Order dated June 26, 2026 (“Arbitral Award”) in favour of the Company. The Arbitral Award declared that (i) RSM is permanently injuncted from initiating/continuing any proceedings against the Company before the Dubai Courts, and (ii) RSM shall pay to the Company damages aggregating to any amount sought to be recovered from the Company pursuant to the decision of any Dubai Court in proceedings related to the termination of the Agreement, including but not limited to the judgment dated 11.02.2026 in the Dubai proceedings, or any appellate or revisional order arising therefrom. In view of the above reliefs granted by the Arbitral Tribunal vide the Arbitral Award, the Company expects no financial impact. Further, under the governing provisions of the Civil Procedure Code, 1908, the Cassation Court Judgment may not be conclusive and binding upon the Company as the governing law of the Agreement between the Parties is Indian law and the disputes between the Parties are subject to arbitration or exclusive jurisdiction of New Delhi courts. Honasa Consumer Limited Registered Office: Unit No - 404, 4th Floor, City Centre, Plot No 05, Sector-12, Dwarka New Delhi – 110075 Corporate Office: 10th & 11th Floor, Capital Cyberscape, Sector-59, Gurugram, Haryana - 122102 Email: info@mamaearth.in; Phone: 011 - 44123544 | Website: www.honasa.in | CIN: L74999DL2016PLC306016 | The details as required under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure. Kindly take the same on record. This disclosure will also be hosted on the Company’s website viz. www.honasa.in. Thanking you, Yours truly, For Honasa Consumer Limited Gaurav Pandit Company Secretary & Compliance Officer Encl.: As above Honasa Consumer Limited Registered Office: Unit No - 404, 4th Floor, City Centre, Plot No 05, Sector-12, Dwarka, New Delhi – 110 075 Corporate Office: 10th & 11th Floor, Capital Cyberscape, Sector-59, Gurugram, Haryana - 122102 Email: info@mamaearth.in; Phone: 011 - 44123544 | Website: www.honasa.in | CIN: L74999DL2016PLC306016 | Annexure Disclosure as required under Regulation 30 of the SEBI Listing Regulations Particulars Details The details of any change in the status Pursuant to the judgment passed by the Court of Appeal, Dubai, and/or any development in relation to UAE, on February 11, 2026 wherein the Court of Appeal passed a such proceedings judgment awarding an amount of AED 1,707,407.06 to RSM for material and moral damages, both Parties filed respective Appeals. The Cassation Court has now issued its judgment rejecting both the Appeals and upholding the judgment issued by Court of Appeal on February 11, 2026 which awards a sum of AED 1,707,407.06 to RSM for material and moral damages. It is imperative to clarify here that the Arbitral Tribunal seated in India as appointed by the Hon’ble Supreme Court of India (“Indian Arbitral Tribunal”), in the arbitration proceedings between the Company and RSM, passed an Arbitral Award dated May 14, 2025 as amended by Section 33 Order dated June 26, 2026 (“Arbitral Award”) in favour of the Company declaring that (i) RSM is permanently injuncted from initiating/continuing any proceedings against the Company in relation to the Agreement before the Dubai Courts, and (ii) RSM shall pay to the Company damages aggregating to any amount sought to be recovered from the Company pursuant to the decision of any Dubai Court in proceedings related to the termination of the ADA, including but not limited to the judgment dated 11.02.2026 in the Dubai proceedings, or any appellate or revisional order arising therefrom. The Company expects that no financial impact may arise due to the reliefs granted under the Arbitral Award. In the case of litigation against key Not Applicable. management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings In the event of settlement of the Not Applicable. proceedings, details of such settlement including - terms of the settlement, compensation/ penalty paid (if any) and impact of such settlement on the financial position of the listed entity Honasa Consumer Limited Registered Office: Unit No - 404, 4th Floor, City Centre, Plot No 05, Sector-12, Dwarka, New Delhi – 110 075 Corporate Office: 10th & 11th Floor, Capital Cyberscape, Sector-59, Gurugram, Haryana - 122102 Email: info@mamaearth.in; Phone: 011 - 44123544 | Website: www.honasa.in | CIN: L74999DL2016PLC306016 |