MAM
Mamaearth appoints Karan Bajwa as vice president- HR
MUMBAI: FMCG brand Mamaearth has appointed Karan Bajwa as vice president, human resources for Honasa Consumer Pvt. Ltd.
Bajwa has eight years of experience across talent functions like total rewards, business partnering and HR shared services in companies across telecom and FMCG.
Mamaearth has grown exponentially over the past few years and is expanding at a rapid rate. Adding Bajwa to the team is part of their plans to identify and implement long-term strategic talent management goals, the company said on Thursday. Bajwa has years of experience at Airtel and Reckitt under his belt.
Mamaearth co-founder and CEO Varun Alagh said, “Being the fastest-growing D2C brand, we don’t want to simply add to the volume of our workforce, but want to grow as a family. Mamaearth wants to ensure that our employees are well looked after, have access to benefits, and experience a happy company work culture. We’re excited to grow our family and are glad to have someone as experienced and able as Karan to help us achieve our goals.”
Karan Bajwa will be based out of the Gurgaon office. The appointment comes on the heels of other critical and strategic additions to the leadership team of the brand.
“Mamaearth is a brand that has made a difference, not just to the consumer market, but also to the way FMCG companies conduct business. I am honoured to be part of the management team and look forward to helping create an impactful talent strategy by streamlining existing processes in addition to implementing new initiatives for the positive growth of the company,” said Karan Bajwa on his new role.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
