Honasa wins higher payout in arbitration vs RSM, about Rs 25.5 crore
HONASA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Honasa Consumer (Mamaearth parent) secured a favorable correction in its arbitration against RSMM General Trading LLC. The tribunal raised the loss of profits award from AED 4.34 million to AED 7.32 million after fixing a computational error. Total payout is now AED 9.92 million (about Rs 25.5 crore), plus interest if unpaid after 30 days. RSM must also indemnify Honasa against any damages awarded against it in related Dubai court proceedings. This follows the original award in May 2026.
Positive. Confirms about Rs 25.5 crore receivable from RSM with interest, plus an indemnity shield against Dubai proceedings. Modest boost to financials.