Unsold Honasa stock worth ₹300 cr causing crisis: Distributor body

The All India Consumer Products Distributors Federation has accused Mamaearth-parent Honasa Consumer of "unethical stock dumping practices". Distributors and retailers are facing an "alarming crisis" over ₹300 crore worth of unsold inventory nearing expiry, the distributor body said. "Adding to the crisis, credit notes worth more than approximately ₹50 crore remain unsettled," it added.