<ul data-eligibleForWebStory="true"><li>Honasa Consumer Limited, the parent company of Mamaearth, grants 53,322 stock options to employees under its ESOP-2018 plan.</li><li>Each stock option, convertible into one equity share at Rs 10 per share, has been granted at par as per SEBI's regulations.</li><li>The allotment is worth approximately Rs 1.6 crore based on the current market price of Rs 304.90 per share.</li><li>The options will vest as per predefined criteria and can be exercised during employment or within 90 days post-resignation.</li><li>No options from this grant have vested, been exercised, or lapsed yet.</li><li>In April, the company granted 24.16 lakh stock options, and in January, 45,663 stock options.</li><li>Yatish Bhargava was recently appointed as chief business officer after Zairus Master's exit.</li><li>Honasa Consumer also owns brands like The Derma Co, Aqualogica, BBlunt, and Dr Sheth’s.</li><li>The company is expanding its product range and distribution channels.</li></ul>

Mamaearth parent Honasa Consumer grants 53,322 stock options to employees

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