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Mamaearth parent company Honasa grants ESOPs worth Rs 57 Crore

  • Honasa Consumer, the parent company of Mamaearth, grants ESOPs worth Rs 57 crore.
  • 24.61 lakh stock options have been granted under the ESOP-2018 plan.
  • Each option carries an exercise price of Rs 10 and will convert into one equity share upon vesting.
  • Honasa Consumer reported a 5.9% YoY increase in revenue and a net profit of Rs 26 crore in the third quarter of FY25.

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