Meesho Acquisition Worth ₹186.7 Cr
Meesho acquired 92.74% of Kirana Club and its step-down subsidiary RPLPL for ₹186.71 Crore in cash. The acquisition makes Kirana Club a subsidiary and strengthens Meesho's e-commerce ecosystem.
- Value
- ₹186.7 Cr
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Meesho acquired 92.74% of Kirana Club and its step-down subsidiary RPLPL for ₹186.71 Crore in cash. The acquisition makes Kirana Club a subsidiary and strengthens Meesho's e-commerce ecosystem.
Meesho seeks postal ballot approval, with voting closing 08-Dec-2026, to appoint Sudhir Sitapati as Independent Director. The resolution also covers ₹1 Crore annual remuneration.
Meesho allotted 21,43,590 equity shares to employees on exercise of ESOP 2024 options. No exercise price or consideration is disclosed in the filing.
Meesho will incorporate a wholly owned financial services subsidiary with an initial investment of up to Rs.15 Crore. The subsidiary has not yet commenced business.
Meesho approved up to Rs.50 Crore further investment in Retail Pulse Labs, payable in tranches. It follows the Kirana Club acquisition, making RPLPL a step-down subsidiary.
Meesho will acquire a further stake in Retail Pulse Labs for ₹18.74 Crore cash. The step-down deal depends on completing the first Kirana Club tranche.
Meesho will acquire 100% of Singapore-based Kirana Club in cash, up to USD 6.5 lakh in tranches. The target runs a digital platform for grocery retailers.
Meesho will invest up to USD 1 lakh in cash, in tranches, in its wholly owned US subsidiary. Its 100% holding stays unchanged, worth about ₹0.01 Crore.
Meesho appointed Sudhir Ganesh Sitapati as Additional Non-Executive Independent Director for 60 months, effective 28 October 2026. He is a former Godrej Consumer Products MD and CEO.
Meesho Limited will invest up to USD 1,00,000 in its wholly owned US subsidiary Meesho Networks LLC, in tranches, for AI technology business. The filing is a related-party acquisition.
Meesho approved up to Rs.400 Crore capital infusion into its wholly owned subsidiary, Meesho Payments. Board also approved a new subsidiary and further Kirana Club investments.
Meesho reported strong contribution margins driven by logistics efficiencies, but higher server costs and seasonal marketing spends limited overall operating leverage.
Meesho filed its IPO monitoring agency report for the quarter ended September 2026. It shows no deviation from IPO objects, so this is routine compliance.
Meesho reported Q2 FY27 NMV growth of 23% and narrowed net losses by 68% to ₹132 crore. Contribution margin rose to 6.0% of NMV.
Meesho's Q2 FY27 shareholders' letter reports NMV up 23% YoY to ₹12,911 crore. Festive timing moved the Mega Blockbuster Sale into Q3.
Meesho Ltd reported revenue from operations of ₹4,132 Cr (+34.4% YoY) and a net loss of ₹132.4 Cr for Q2 FY27.
Meesho Limited allotted 3,44,262 equity shares to employees following the exercise of vested stock options under the Company's ESOP 2024 Plan.
Mr. Surojit Chatterjee has resigned as a Non-Executive Independent Director of Meesho Limited, effective October 16, 2026, citing personal commitments.
Meesho Limited scheduled a board meeting for October 28, 2026, to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2026.
Meesho Limited approved an investment of up to ₹50 Crore in Retail Pulse Labs Private Limited, which will become a step-down subsidiary of the Company.
Meesho reports Content Commerce NMV grew 152% YoY over August 2025–August 2026. Over 1.6 lakh creators and 4 lakh sellers participated, with 4,800 crore content views.
The company has filed its quarterly shareholding pattern under Regulation 31(1)(b) for the period ended September 30, 2026.
Meesho Limited has allotted 12,28,752 equity shares to employees following the exercise of options under its ESOP 2024 Plan. Consequently, the company's paid-up equity capital has increased to Rs. 462.85 Crore.
Meesho Limited has allotted equity shares under its Employee Stock Option Plan, 2024. This issuance increases the company's paid-up share capital.
Meesho Ltd allotted 10,71,542 equity shares to employees upon the exercise of vested options under its ESOP 2024 Plan.
Meesho Limited issued a corrigendum to its 11th AGM notice, modifying the proposed amendment to its Articles of Association regarding founder nomination rights.
Meesho discontinued its Chief Product Officer role in a product-team restructuring. Prasanna Arunachalam ceases to be SMP but remains employed at the company.
Meesho Limited has allotted 13,52,253 equity shares following the exercise of options under its ESOP 2024 Plan. This increases the company's paid-up share capital to ₹462.62 Crore.
Meesho Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-26, as required by SEBI regulations.
Meesho Limited will hold its 11th Annual General Meeting on September 18, 2026, and has published its Annual Report for the financial year 2025-26.