General Updates

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 October 28, 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: Outcome of the Board Meeting held on October 28, 2026 Ref.: Disclosure under 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”) Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the Board of Directors of Meesho Limited (the “Company”) at its meeting held today, i.e. Wednesday, October 28, 2026, has inter-alia approved the following: 1. Incorporation of a Wholly Owned Subsidiary of the Company Approved the incorporation of a new Wholly Owned Subsidiary (“WOS”) of the Company under the provisions of the Companies Act, 2013 (the “Act”). 2. Further investment of up to INR 4,00,00,00,000 (Indian Rupees Four Hundred Crores) in Meesho Payments Private Limited ("MPPL") Approved further investment in the equity shares of MPPL, a wholly owned subsidiary of the Company, for an aggregate amount not exceeding INR 400 Crores, by way of subscribing to the rights issue/further issue of capital, in one or more tranches, for such number of additional shares and at such price as may be offered by MPPL. The details 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, in respect of the aforesaid matters under Point Nos. 1 and 2, are enclosed herewith as Annexure A. 3. Further investment of USD 650,000 (United States Dollars Six Hundred and Fifty Thousand Only) in Kirana Club Pte. Ltd. (“KC”) and INR 18,73,73,721.90 (Indian Rupees Eighteen Crores Seventy-Three Lakhs Seventy-Three Thousand Seven Hundred and Twenty-One and Ninety Paise Only) in Retail Pulse Labs Private Limited (“RPLPL”) Approved further investment of USD 650,000 (United States Dollars Six Hundred and Fifty Thousand Only) in Kirana Club Pte. Ltd., by way of subscription to ordinary shares of Kirana Club Pte. Ltd.; and a further investment of INR 18,73,73,721.90 (Indian Rupees Eighteen Crore Seventy-Three Lakhs Seventy-Three Thousand Seven Hundred and Twenty-One and Ninety Paise Only) in Retail Pulse Labs Private Limited (“RPLPL”), a subsidiary of Kirana Club Pte. Ltd., by way of subscription to or purchase of equity shares, equity-linked instruments or any other permissible securities/instruments of RPLPL. The relevant disclosure as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, pursuant to aforesaid investment and acquisition is enclosed as Annexure – B. 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 The meeting commenced at 06:45 p.m. (IST) and concluded at 7:00 p.m. (IST) The aforesaid information will also be made available on the Company’s website at: https://investor.meesho.com/announcements 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 Proposed Wholly Owned Subsidiary Meesho Payments Private Limited 1 Name of the Target Name of the entity: The Company is in the Name of the entity: Meesho Payments Company, details in brief process of incorporating a wholly owned Private Limited (‘MPPL’), wholly owned such as size, turnover, etc.; subsidiary and the name application will be subsidiary of the Company. made by the Company with Ministry of Corporate Affairs. The turnover and net profit/(loss) of MPPL as on March 31, 2026, are as follows: Upon incorporation of the entity, the Company shall make a separate disclosure Turnover: INR. 1,104.65 lakhs disclosing the name of the entity. Net loss: INR. 2,465.22 lakhs Size/Turnover: Not applicable since the entity is yet to be incorporated. 2 whether the acquisition Incorporation of a new subsidiary does not MPPL, being a wholly owned subsidiary, is would fall within related fall within the purview of Related Party a related party of the Company. The party transaction(s) and Transaction. transaction falls within the ambit of related whether the promoter/ party transactions and is at arm’s length. promoter group/ group On incorporation, the entity will be a wholly companies have any interest owned subsidiary and hence will become a Mr. Vidit Aatrey and Mr. Sanjeev Kumar, in the entity being acquired? related party of the Company. promoters of the Company, are also If yes, nature of interest and directors on the Board of MPPL. Further, details thereof and whether Mr. Vidit Aatrey holds one equity share in the same is done at “arm’s MPPL as nominee of the Company. Save length”; and except for the above, none of the promoters, promoter group entities or group companies of the Company have any interest in MPPL. The Company is interested in the proposed transaction to the extent of its shareholding in MPPL. 3 Industry to which the entity Financial services Lending Service Provider (‘LSP’) being acquired belongs; 4 Objects and impact of The incorporation of Wholly Owned The proposed investment by the Company acquisition (including but Subsidiary will enable the group to build in- is intended to support the overall business not limited to, disclosure of house underwriting, control product design, operations and growth of MPPL, enabling it reasons for acquisition of directly own borrower relationships, and to enhance its capabilities, scale its target entity, if its business capture full lending margins while gaining operations, and effectively meet its business is outside the main line of access to institutional funding. and regulatory requirements. business of the listed entity); The infusion of funds is expected to facilitate expansion of MPPL’s activities, improve operational efficiency, and support the development of its offerings in line with the evolving needs of the business and the market. 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 5 Brief details of any Not Applicable Not Applicable governmental or regulatory approvals required for the acquisition; 6 Indicative time period for Not Applicable Not Applicable completion [Showing first 8,000 characters — download PDF for full document]