NSEGeneral Updates3d ago · 4 Aug 2026, 07:57 pm

General Updates

Meesho Limited · MEESHO

✦ AI SummaryFundraise

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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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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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