NSEGeneral Updates3d ago · 4 Aug 2026, 07:57 pm
General Updates
Meesho Limited · MEESHO
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Meesho Limited has informed the Exchange about an additional investment in Meesho Grocery Private Limited (MGPL), a wholly owned subsidiary, by subscribing to 7,10,22,727 fully paid-up equity shares through a rights issue.
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Full Announcement
Meesho Limited has informed the Exchange intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Updates on Acquisition.
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MEESHO_04082026195712_ML_Further_investment_in_MGPL.pdf
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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
August 04, 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: Intimation of additional investment through Rights Issue in Meesho Grocery Private Limited
(‘MGPL’), a Wholly Owned Subsidiary of Meesho Limited (the “Company”)
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 the provisions of Regulation 30 of SEBI Listing Regulations and in continuation with our intimation
dated July 23, 2026, w.r.t Outcome of Board Meeting of the Company, we wish to inform you that, the Company
has made an additional investment in MGPL, a wholly owned subsidiary of the Company, by way of subscribing
7,10,22,727 fully paid-up equity shares of face value Rs. 10/- each through a rights issue.
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 enclosed as
Annexure - I.
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 I
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 the aforesaid 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 investment by the Company is intended to support the overall
(including but not limited to, disclosure business operations and growth of MGPL, enabling it to enhance
of reasons for acquisition of target entity, its capabilities, scale its operations, and effectively meet its
if its business is outside the main line of business and regulatory requirements. The infusion of funds is
business of the listed entity); 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 The equity shares have been allotted by MGPL on August 04, 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 Rs. 74,99,99,997.12/- comprising of 7,10,22,727 Equity Shares of
the shares are acquired; Face Value of Rs. 10/- each at a premium of Rs. 0.56/- each.
9 Percentage of shareholding/ control
acquired and/or number of shares 7,10,22,727 equity shares have been acquired by the Company
acquired; pursuant to the aforesaid transaction.
The Company’s percentage of shareholding in MGPL will continue
to remain at 100% and MGPL will continue to remain a wholly
owned subsidiary of the Company.
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