Hemant Surgical Modifies Disclosure on Sonomed Escalon Agreement

Hemant Surgical Industries Ltd has made minor modifications to a previously filed disclosure dated March 31, 2026. The updated disclosure, submitted at the request of Sonomed Escalon, USA, clarifies the Semi Knocked Down (SKD) manufacturing agreement for ophthalmic ultrasound devices in India. The agreement focuses on distributing two designated A-scan and pachymetry models exclusively within the Indian market. Sonomed Escalon will supply components in SKD form at a preferential 'Transfer Price'. The filing confirms no shareholding in Sonomed Escalon, no special rights for Sonomed, and that the parties are not related, although the promoter was a prior authorized distributor. The transaction is not considered a related party transaction and is conducted at arm's length.