Honasa wins AED 7.25M arbitration against ex-Dubai distributor RSMM

Mamaearth parent Honasa Consumer secured an arbitration award of AED 7.25 million (₹18.88 crore) against former Dubai distributor RSMM General Trading. The tribunal upheld termination of the distribution pact, granted AED 4.34M for loss of profits plus AED 1.56M in costs, and barred RSMM from pursuing Dubai court proceedings.

— Source publishedFri, 15 May, 2026, 16:05 IST·First seen Fri, 15 May, 2026, 16:14 IST·Source The Hindu BusinessLine

What happened

Mamaearth (Honasa Consumer) · Honasa, parent of Mamaearth, won an arbitration award of AED 7.25 million (₹18.88 crore) against its former Dubai distributor RSMM

Key facts

  • AED 7.25 million
  • ₹18.88 crore
  • AED 4.34 million loss of profits
  • AED 1.56 million litigation costs
  • stock ₹353
  • market cap ₹11,486 crore
  • P/E 73.72

Why this matters

The award and anti-suit injunction set a useful precedent for structuring future overseas distribution contracts with arbitration seats favorable to Honasa.