Honasa Consumer Limited's Chief Business Officer Yatish Bhargava Resigns Effective May 15, 2026
Honasa Consumer Limited disclosed the resignation of Chief Business Officer Mr. Yatish Bhargava, effective from the close of business hours on May 15, 2026. The resignation was attributed solely to personal circumstances, as communicated in Mr. Bhargava's letter dated May 9, 2026. The disclosure was filed with both NSE and BSE under Regulation 30 of the SEBI Listing Regulations, with Gaurav Pandit, Company Secretary and Compliance Officer, signing off on the regulatory filing.

*this image is generated using AI for illustrative purposes only.
Mamaearth parent Honasa Consumer Limited has announced a change in its senior management, with Mr. Yatish Bhargava tendering his resignation from the role of Chief Business Officer. The company made this disclosure on May 9, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Bhargava cited personal circumstances as the sole reason for his decision to step down.
Senior Management Change Details
The company formally notified both the National Stock Exchange of India Limited and BSE Limited of the development. As per the disclosure, Mr. Bhargava's cessation from the position of Chief Business Officer and from the Senior Management of the company will be effective from the close of business hours on May 15, 2026. The details of the change, as mandated under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, are outlined below.
| Parameter: | Details |
|---|---|
| Name: | Mr. Yatish Bhargava |
| Designation: | Chief Business Officer |
| Reason for Change: | Resignation due to personal circumstances |
| Date of Cessation: | Close of business hours on May 15, 2026 |
| Disclosure Date: | May 9, 2026 |
Resignation Communication
In his resignation letter addressed to Varun Alagh and dated May 9, 2026, Mr. Bhargava formally tendered his resignation from the position of Chief Business Officer, effective May 15, 2026. He stated that the decision stemmed solely from personal circumstances requiring his immediate attention, and expressed gratitude for the opportunity and trust extended to him during his tenure. The resignation letter was enclosed as an annexure to the regulatory disclosure filed with the stock exchanges.
Regulatory Compliance
The disclosure was signed and submitted by Gaurav Pandit, Company Secretary and Compliance Officer of Honasa Consumer Limited, on May 9, 2026. The company confirmed that the disclosure would also be hosted on its official website at www.honasa.in . Honasa Consumer Limited is registered with CIN: L74999DL2016PLC306016, with its registered office located at Unit No - 404, 4th Floor, City Centre, Plot No 05, Sector-12, Dwarka, New Delhi - 110075, and its corporate office at 10th & 11th Floor, Capital Cyberscape, Sector-59, Gurugram, Haryana - 122102.
Historical Stock Returns for Mamaearth
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.31% | +5.48% | +18.70% | +31.14% | +44.60% | +6.57% |
Who is likely to be appointed as the next Chief Business Officer at Honasa Consumer, and how might the transition affect Mamaearth's ongoing brand expansion strategy?
How could the departure of a key senior executive impact Honasa Consumer's stock performance and investor confidence amid its ongoing efforts to return to profitability?
Will Honasa Consumer restructure its senior management team or redistribute the CBO's responsibilities internally, potentially signaling a shift in its business strategy?


































