28-Oct-2026 18:23:46
HONASAAcquisition and merger
HONASA : BBLUNT TO ABSORB STEP-DOWN SUBSIDIARY B:BLUNT-SPRATT
• Scheme amalgamates B:Blunt-Spratt into BBlunt under Section 233 of Companies Act, 2013 • BBlunt is wholly-owned subsidiary; B:Blunt-Spratt is its wholly-owned subsidiary and step-down wholly-owned subsidiary of Honasa • No shares to be issued to anyone under the scheme; cash consideration not applicable • Turnover as of March 31, 2026: BBlunt ₹24.39 Cr and B:Blunt-Spratt ₹28.76 Cr • Rationale includes organisational simplification, group structure streamlining, operational efficiencies and lower compliance costs • Scheme subject to statutory and regulatory approvals, including Regional Director confirmation
Honasa Consumer Limited
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