'Rs 300 crore unsold inventory charge' that Mamaearth 'trashed'

Mamaearth's parent company, Honasa Consumer, is facing allegations of unsold inventory burdening distributors with losses. Honasa refutes the claims, stating a significantly lower inventory value. The company is undergoing a restructuring process, transitioning to a direct distributor model, which has impacted its financial performance. Despite the challenges, Honasa remains committed to its strategy.

source https://timesofindia.indiatimes.com/technology/tech-news/the-rs-300-crore-unsold-inventory-charge-that-mamaearth-has-trashed/articleshow/115533232.cms