NSEGeneral Updates1d ago · 23 Jul 2026, 07:14 pm
General Updates
Meesho Limited · MEESHO
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Meesho Limited has informed the Exchange under Regulation 30 of SEBI (LODR) Regulations, 2015, regarding the additional investment in Meesho Grocery Private Limited (MGPL). The Company has corrected the financial particulars of MGPL in Annexure B, changing the 'Net Profit of Rs. 6,899.30 lakhs' to 'Net Loss of Rs.6,899.30 lakhs'. The Company is interested in the proposed transaction to the extent of its shareholding.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Meesho Limited has informed the Exchange under Regulation 30 of SEBI (LODR) Regulations, 2015.
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MEESHO LIMITED
(Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”)
CIN: L74900KA2015PLC082263
Registered Office: 3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village,
Varthur Hobli, Outer Ring Road, Bengaluru, Karnataka 560103
T: +91 9108021923 | E: cs@meesho.com | W: www.meesho.com
July 23, 2026
To, To,
Listing Department Department of Corporate Services
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street,
Bandra (East), Mumbai - 400 051 Mumbai - 400 001
Symbol: MEESHO Scrip Code: 544632
Dear Sir / Madam,
Subject: Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 as amended (“SEBI Listing Regulations”)
This is with reference to the outcome of the Board meeting filed by Meesho Limited (the ‘Company’) on July 23,
2026, under Regulation 30 of the SEBI Listing Regulations, in relation to the additional investment in Meesho
Grocery Private Limited (MGPL).
In the said intimation, in the financial particulars of MGPL set out in Annexure B, the “Net Profit of Rs. 6,899.30
lakhs” shall be read as “Net Loss of Rs.6,899.30 lakhs”.
All other disclosures and provisions contained in the earlier intimation shall remain unchanged.
Further, the relevant disclosure as required under Regulation 30 of the SEBI Listing Regulations read with SEBI
Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is being re-
submitted for clarity and record and is enclosed as Annexure – A.
The aforesaid information will also be made available on the Company’s website at: www.meesho.com
You are requested to take the above information on record.
Thanking you,
For Meesho Limited
(Formerly known as Meesho Private Limited and Fashnear Technologies Private Limited)
Rahul Bhardwaj
Company Secretary and Compliance Officer
Membership No.: A41649
Encl.: As above
MEESHO LIMITED
(Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”)
CIN: L74900KA2015PLC082263
Registered Office: 3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village,
Varthur Hobli, Outer Ring Road, Bengaluru, Karnataka 560103
T: +91 9108021923 | E: cs@meesho.com | W: www.meesho.com
ANNEXURE A
Disclosure under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
S.No Particulars Details
1 Name of the Target Company, details in Name of the entity: Meesho Grocery Private Limited (‘MGPL’),
brief such as size, turnover, etc.; wholly owned subsidiary of the Company.
The turnover and net loss of MGPL as on March 31, 2026, are as
follows:
Turnover: Rs. 112.10 lakhs
Net Loss: Rs. 6,899.30 lakhs
2 whether the acquisition would fall within MGPL being a wholly owned subsidiary, is a Related Party of the
related party transaction(s) and whether Company. The subscription by the Company qualifies as a related
the promoter/ promoter group/ group party transaction.
companies have any interest in the entity
being acquired? If yes, nature of interest Except to the extent of shareholding held by Vidit Aatrey,
and details thereof and whether the same Promoter of the Company, none of the other promoters, promoter
is done at “arm’s length”; group entities, or group companies of the Company have any
interest in MGPL.
The Company is interested in proposed transaction to the extent of
its shareholding.
3 Industry to which the entity being Local logistics network for daily essentials and groceries
acquired belongs;
4 Objects and impact of acquisition The proposed investment by the Company is intended to support
(including but not limited to, disclosure the overall business operations and growth of MGPL, enabling it
of reasons for acquisition of target entity, to enhance its capabilities, scale its operations, and effectively
if its business is outside the main line of meet its business and regulatory requirements. The infusion of
business of the listed entity); funds is expected to facilitate expansion of MGPL’s activities,
improve operational efficiency, and support the development of
its offerings in line with the evolving needs of the business and
the market needs.
5 Brief details of any governmental or Not Applicable.
regulatory approvals required for the
acquisition;
6 Indicative time period for completion of On or before September 15, 2026.
the acquisition;
7 Consideration - whether cash Cash consideration
consideration or share swap or any other
form and details of the same;
MEESHO LIMITED
(Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”)
CIN: L74900KA2015PLC082263
Registered Office: 3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village,
Varthur Hobli, Outer Ring Road, Bengaluru, Karnataka 560103
T: +91 9108021923 | E: cs@meesho.com | W: www.meesho.com
8 Cost of acquisition or the price at which Up to INR. 75,00,00,000 (Indian Rupees Seventy-Five Crore
the shares are acquired; Only) in one or more tranches.
The number of equity shares and price thereof, as may be offered
by MGPL, will be intimated in due course.
9 Percentage of shareholding/ control The Company’s shareholding in MGPL will continue to remain at
acquired and/or number of shares 100% and MGPL will continue to remain a wholly owned
acquired; subsidiary of the Company.
The number of shares acquired pursuant to the aforesaid
transaction will be intimated in due course.
10 Brief background about the entity
acquired in terms of products/line of Date of Incorporation: March 18, 2024.
business acquired, date of incorporation,
history of last 3 years turnover, country Country of Presence: India
in which the acquired entity has presence
and any other significant information (in Line of Business: Local logistics network for daily essentials and
brief); groceries.
Turnover of last 3 financial year:
Financial Year Rs. in Lakhs
2025-26 (Audited) 112.10
2024-25 (Audited) 167.30
2023-24 (Audited) Nil as the entity is incorporated in the
year 2024
Any other significant information: Nil