HONASA CONSUMER LIMITED : ARBITRAL TRIBUNAL RECTIFIES AWARD

• Arbitral Tribunal allowed company's application to rectify computational and clerical errors in the award dated May 14, 2026. • Upward revision of loss of profits from AED 4.34 million to AED 7.32 million. • Correction of substitution costs from AED 1,060,584 to AED 744,758. • RSM to pay damages aggregating to any amount sought to be recovered from the company pursuant to any Dubai court decisions related to the ADA termination. • Final amended directive: RSM to pay AED 9,918,514 (~₹25.54 Cr). • Post-award interest to apply if unpaid after 30 days. • RSM liable for damages equivalent to any financial recoveries made against the company in related Dubai court proceedings.

Honasa Consumer Ltd

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