Honasa Consumer Limited has informed the Exchange about change in Management
HONASA · price
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Honasa Consumer Limited (parent of Mamaearth) has promoted two long-serving executives to C-suite positions with effect from April 24, 2025. Mr. Karan Bajwa, who joined the company in April 2021 from Airtel and Reckitt, has been elevated from Senior VP – HR to Chief Human Resources Officer (CHRO). Mr. Avinash Dhagat, also with the company since April 2021 with prior stints at L'Oreal, Supermax and Ashok Leyland, has been elevated from Senior VP – Supply Chain to Chief Supply Chain Officer (CSCO). Both have been classified as Senior Management Personnel. No external hires or departures were announced.
These are internal promotions rather than new appointments, suggesting continuity in leadership and the company rewarding existing talent. For shareholders, this is a neutral governance signal — it reflects organisational strengthening in HR and supply chain functions, which are critical for a fast-moving consumer brand, but is unlikely to move the stock on its own.