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Honasa Consumer Ltd, which owns new-age FMCG brands like Mamaearth and The Derma Co., has expanded its employee stock option plan (ESOP) pool by allocating 3,97,169 to its eligible employees

In an exchange filing today (August 2), the company said that it has approved a total grant of 3,97,169 stock options under Honasa Consumer Limited Employee Stock Options Plan - 2018 ("ESOP 2018") to the eligible employees.

Of these 3,97,169 equity shares, 3,73,472 shares have been granted with the exercise price of INR 10 and the remaining 23,697 shares were allotted at the exercise price of INR 262.

As per the stock's closing price on Friday, the newly allotted ESOPs are worth over INR 180.33 Cr.

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