Honasa Consumer Limited — JV/Acquisition, 26-06-2025: Amalgamation/Merger

Honasa Consumer Limited has announced a merger involving its wholly owned subsidiaries, Fusion Cosmeceutics Private Limited and Just4Kids Services Private Limited. The merger aims to consolidate businesses for cost efficiency, streamlined management, improved cash flow, and accelerated growth. The appointed date for the merger is May 1, 2023. This consolidation will result in Fusion Cosmeceutics and Just4Kids being dissolved, with all assets, liabilities, employees, and operations vesting into Honasa Consumer Limited. No shareholding dilution is involved as these are subsidiaries merging into the parent company. The scheme has received necessary approvals and is effective upon filing with the Registrar of Companies.