Honasa Consumer 10th AGM Proceedings Summary

Meeting Details

• Date: Monday, September 28, 2026
• Time: 04:00 pm (IST)
• Venue: Conducted through Video Conference/Other Audio Visual Means
• Deemed Venue: Registered office at Unit No. 404, 4th Floor, City Centre, Plot No. 05, Sector-12, Dwarka, New Delhi – 110075
• Compliance: Convened in compliance with Companies Act, 2013 and MCA circulars

Attendance

• Total Members Attended: 99 (including Directors and Key Managerial Personnel)

Directors and Key Managerial Personnel Present:

1. Mr. Varun Alagh - Chairman, CEO and Whole Time Director (Gurugram)

2. Ms. Ghazal Alagh - Whole Time Director, Chairperson of CSR Committee and ESG & Sustainability Committee (Gurugram)

3. Mr. Subramaniam Somasundaram - Independent Director, Chairman of Audit Committee & Risk Management Committee (Boston, USA)

4. Mr. Vivek Gambhir - Independent Director, Chairman of Nomination & Remuneration Committee (Pune)

5. Ms. Namita Gupta - Independent Director, Chairperson of Stakeholders' Relationship Committee (Gurugram)

6. Mr. Ishaan Mittal - Non-Executive Nominee Director (Singapore)

7. Mr. Raman Preet Sohi - Chief Financial Officer (Gurugram)

8. Mr. Gaurav Pandit - Company Secretary and Compliance Officer (Gurugram)

Invitees Present:

1. Mr. Nikhil Aggarwal - Partner, S.R. Batliboi and Associates LLP (Statutory Auditors)

2. Mr. Nirav Doshi - Director, S.R. Batliboi and Associates LLP (Statutory Auditors)

3. Mr. Shashi Shekhar - Proprietor, Arora Shekhar and Company (Secretarial Auditor and Scrutinizer)

Proposed Resolutions

The following six resolutions were proposed for shareholder approval:

Ordinary Business:

1. Adoption of audited standalone financial statements for FY 2025-26 along with reports of Board of Directors and Auditors (Ordinary Resolution)

2. Adoption of audited consolidated financial statements for FY 2025-26 along with report of Auditors (Ordinary Resolution)

3. Declaration of Final dividend of ₹3 per equity share for FY 2025-26 (Ordinary Resolution)

4. Re-appointment of Mr. Varun Alagh as Director who retires by rotation (Ordinary Resolution)

Special Business:

5. Re-appointment of Mr. Subramaniam Somasundaram as Independent Director for a second term of 5 consecutive years effective February 11, 2027 (Special Resolution)

6. Approval for fees and compensation payable by way of Commission to Non-Executive Directors including Independent Directors for 5 years starting from FY 2027-28 (Ordinary Resolution)

Voting Process

• The Company provided facility for members to cast votes through remote E-voting on all resolutions
• E-voting facility was also made available during the AGM for members who had not cast votes through remote E-voting
• Members were allowed to cast votes for a further period of 15 minutes after conclusion of the AGM
• Mr. Shashi Shekhar, Practising Company Secretary, was appointed as Scrutinizer to scrutinize the e-voting process
• Voting results will be declared upon receipt of Scrutinizer's Report and made available on company website, stock exchange websites, and CDSL e-voting website

Proceedings Summary

• Mr. Varun Alagh chaired the meeting
• Company Secretary confirmed that Notice of AGM, Board's Report and Auditor's Report were circulated with Annual Report
• Statutory Auditors and Secretarial Auditors provided unqualified opinions with no qualifications, reservations or adverse remarks having material impact
• Q&A session was conducted with registered speaker shareholders
• Meeting concluded at 4:53 pm IST with a vote of thanks

Compliance Confirmation

The AGM was conducted in compliance with:

• Companies Act, 2013 and rules thereunder
• MCA circulars
• SEBI (LODR) Regulations, 2015