Honasa Consumer Limited has informed the Exchange about Resignation of Director/KMP/SMP
HONASA · price
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Honasa Consumer Limited, known for the Mamaearth brand, has announced the resignation of Mr. Yatish Bhargava from the position of Chief Business Officer (CBO). The resignation is effective from the close of business hours on May 15, 2026. The company stated that Mr. Bhargava tendered his resignation solely due to personal circumstances requiring his immediate attention. The resignation letter was addressed to Varun Alagh (likely the CEO/Co-founder). The company has not disclosed any plans for replacement or redistribution of his responsibilities yet. This disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations.
The departure of a senior executive like the CBO may create a leadership gap in business operations. Investors should monitor for subsequent announcements about replacement appointments and any impact on the company's growth strategy or quarterly performance.