Honasa Consumer, the parent of Mamaearth, says its board will consider a final dividend on May 21 together with its Q4 FY26 results. If approved, it could make the “new-age” company among the first of its kind to pay dividends to listed shareholders. The move comes as the stock improves and business expectations remain steady.
Honasa Consumer, the Mamaearth parent, said chief business officer Yatish Bhargava will step down effective May 15, less than a year after he joined. He cited “personal circumstances” in a regulatory filing. Honasa has not named a replacement. The move follows the earlier CBO exit of Zairus Master, with Honasa continuing to pursue growth and offline expansion efforts.
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Honasa Consumer said Chief Business Officer Yatish Bhargava has resigned and will exit the senior management team on May 15, 2026. Bhargava cited personal circumstances that need immediate attention. The company did not announce a successor for the role, creating an immediate leadership gap as Honasa navigates its next phase.
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