Honasa, parent company of Mamearth and The Derma, offers ESOPs to all staff

Has distributed stocks worth Rs 20 cr in addition to ESOPs allocated earluer. The stock-based value creation will be a top-up component over and beyond the employee CTC

Honasa Consumer Pvt Ltd (HCPL), the parent company of personal care platforms Mamaearth and The Derma Co., announced stock-based value creation under the Stock Appreciation Rights Programme for all employees.

HCPL has enabled the wealth creation programme for all employees and has distributed stocks worth Rs 20 crore in addition to the ESOPs (employee stock option plan) previously allocated. The stock-based value creation will be a top-up component over and beyond the employee CTC, setting the HCPL program apart from the industry programmes.

“Honasa Consumer Pvt Ltd has experienced meteoric growth over the past five years, and we wanted our