Integrated Filing — IndAS



General information about company

Scrip Code 544632
NSE Symbol MEESHO
MSEI Symbol NOTLISTED
ISIN INE0VDM01015
Name of company Meesho Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 06-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 25-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment The Company publishes these Audited Standalone Financial Results along with the Audited Consolidated Financial Results. In accordance with Ind AS 108,‘Operating Segments’, the Company has disclosed the segment information only in Audited Consolidated Financial Results.
Start date and time of board meeting 06-05-2026   13:00:00
End date and time of board meeting 06-05-2026   16:45:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 06-05-2026
Indicate Company website link for updated RPT policy of the Company https://investor.meesho.com/governance?tab=policies-and-codes
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company has no Loans and Debt Securities



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 1,37,902.50 6,38,092.30
Other income 37,362.50 1,42,482.00
Total income 1,75,265.00 7,80,574.30
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 5,665.60 31,863.60
(e) Finance costs 234.70 872.30
(f) Depreciation, depletion and amortisation expense 1,797.30 4,446.10
(f) Other Expenses
1 Other Expenses 1,34,978.20 6,33,089.20
Total other expenses 1,34,978.20 6,33,089.20
Total expenses 1,42,675.80 6,70,271.20
3 Total profit before exceptional items and tax 32,589.20 1,10,303.10
4 Exceptional items 0.00 26,37,655.20
5 Total profit before tax 32,589.20 27,47,958.30
6 Tax expense
7 Current tax 626.00 14,846.50
8 Deferred tax 0.00 0.00
9 Total tax expenses 626.00 14,846.50
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 31,963.20 27,33,111.80
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 31,963.20 27,33,111.80
17 Other comprehensive income net of taxes (45.50) (53.80)
18 Total Comprehensive Income for the period 31,917.70 27,33,058.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 45,640.60 45,640.60
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 32,69,779.20
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.69 62.51
Diluted earnings (loss) per share from continuing operations 0.68 61.69
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.69 62.51
Diluted earnings (loss) per share from continuing and discontinued operations 0.68 61.69
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above Standalone Financial Results of Meesho Limited (‘the Company’) (formerly known as Meesho Private Limited/ Fashnear Technologies Private Limited) have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013, as amended, read with the Companies (Indian Accounting Standards Rules), 2015, as amended and other accounting principles generally accepted in India and in terms of Regulation 33 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (‘SEBI LODR’), as amended (“Listing Regulations”). These audited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 06, 2026. 2. The figures for the quarter ended March 31, 2026 and corresponding quarter ended March 31, 2025 are the derived balancing figure between audited figures in respect of the full financial year ended March 31, 2026 and March 31, 2025 respectively and the unaudited figures of the nine months period ended December 31, 2025 and December 31, 2024 respectively. The unaudited standalone financial results for the nine months period ended December 31, 2024 have been prepared solely based on the information compiled by the Company and have been approved by the Board of Directors which have not been audited or reviewed by the Statutory auditors. 3. (i) During the year ended March 31, 2025, the Board of Directors of the Company its wholly owned subsidiaries Meesho Grocery Private Limited (‘MGPL’), Meesho Technologies Private Limited (‘MTPL’) and Meesho Inc. (erstwhile Holding Company) (hereinafter referred to as “Transferor Company”) approved the Composite Scheme of Arrangement between the Company, MGPL, MTPL, Transferor Company and their respective shareholders and creditors (hereinafter referred to as “the Scheme”) in accordance with the provisions of Sections 230 to 232 of the Act which was filed with National Company Law Tribunal, Bengaluru Bench (‘NCLT’) on April 25, 2024 for a) transfer of Grocery business of the Company to MGPL; b) transfer of Marketplace business of the Company to MTPL; and c) amalgamation by way of transfer of assets and liabilities of the Transferor Company with the Company. The aforesaid Scheme was approved by an order passed by NCLT on May 27, 2025. Subsequently, the certified copy of the order passed by NCLT has been filed with the relevant Registrar of Companies and the relevant statutory authorities in the USA on June 15, 2025 and June 20, 2025 respectively. The amalgamation has been accounted for in accordance with “pooling of interest method” as laid down in Appendix C - ‘Business combinations of entities under common control’ of Ind AS 103 notified under Section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015. The Company has provided for taxes towards Global Intangible Low-Taxed Income, business combination and passive income collectively referred as Tax payable on account of business combination arising on account of the aforesaid business combination. The incremental charge recorded during the quarter ended December 31, 2025 and the year ended March 31, 2026 is on account of foreign exchange fluctuations and finalisation of the tax obligations. (ii) The grocery and e-commerce undertakings of the Company have been transferred to MTPL and MGPL w.e.f. June 01, 2025 The carrying value of the net assets of the grocery and e-commerce undertakings [refer details below] has been transferred to MGPL and MTPL. As a consideration of the demerger, MTPL and MGPL issued equity shares and Compulsorily convertible preference shares (‘CCPS’) to the Company. The Company has recognised the investment in equity shares and CCPS of MTPL and MGPL, received as consideration at fair value in its books of accounts. The surplus/deficit arising after taking effect of consideration over the carrying value of net assets of MTPL and MGPL has been recognised as an exceptional item in the Audited standalone financial results. (A). Net assets transferred by the Company (A) is as follows- MTPL - INR 586.83 million MGPL - INR 560.41 million Total INR 1,147.24 miilion (B). Consideration received as follows- (a) Fair value of Equity shares from- MTPL - INR 72,671.57 million MGPL - INR 3,993.96 million Total INR 76,665.53 million (b) Fair value of Compulsory convertible preference shares from- MTPL - INR 185,952.32 million MGPL - INR 3,319.59 million Total INR 189,271.91 million Total consideration received INR 265,937.44 miilion- MTPL INR 258,623.89 million and MGPL INR 7,313.55 (C). Gain on demerger MTPL - INR 258,037.06 million MGPL - INR 6,753.14 million Total - INR 264,790.20 million Further, the Company has recognized interest income on CCPS amounting to Rs. 10,852.88 million from the date of issuance of CCPS upto March 31, 2026. Considering the aforesaid demerger, the standalone financial results for the quarter and year ended March 31, 2026 are not comparable with the standalone financial results for the quarter and year ended March 31, 2025 respectively. 4. During the year ended March 31, 2026, (a) Pursuant to the Board resolution dated November 06, 2025, the Company has allotted 2,182,749,485 equity shares having face value of Rs. 1 each in lieu of conversion of 2,182,749,485 Compulsorily Convertible Preference Shares (CCPS) in the conversion ratio of 1:1. (b) PT Fashnear Technology Indonesia, a wholly owned subsidiary, has been liquidated on October 06, 2025 as per the intimation from the liquidator. (c) The Company has completed its Initial Public Offering (IPO) of 488,396,721 equity shares of face value of Rs. 1 each at an issue price of Rs. 111 per share (including a share premium of Rs. 110 per share). The issue consisted of a fresh issue of 382,882,882 equity shares aggregating to Rs. 42,500.00 million and an offer for sale of 105,513,839 equity shares by selling shareholders aggregating to Rs. 11,712.04 million. The Company’s equity shares were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on December 10, 2025. (d) On May 31, 2025, the Company had approved the bonus issue (fully paid up by way of capitalisation of the Company's securities premium) of Equity Shares in the ratio of 47.2509 Equity Share for every 1 Equity Share held. In accordance with the provisions of Ind AS 33, Basic and Diluted EPS for the quarter and nine months period ended December 31, 2024 and for the year ended March 31, 2025 have been adjusted and presented. (e) On January 28, 2026 the Company invested in equity shares of Valmo Transportation Private Limited, a wholly owned subsidiary by subscribing to the memorandum of association. (f) During the quarter ended 31 March 2026, the Company allotted 50,924,196 equity shares having a face value of Re. 1/- each upon exercise of vested options under the Company’s Employee Stock Option Plan, 2024. (g) During the quarter ended March 31, 2026, the Income Tax Authorities made certain additions to the taxable income declared for AY 2023-24. Consequently, a demand of Rs. 14,997.38 million was raised, along with a show-cause notice for initiation of penalty proceedings under Sections 274 and 270A of the Income-tax Act, 1961. Subsequent to the year ended March 31, 2026, the Company filed a rectification request against the assessment order with the Deputy Commissioner of Income Tax and has also filed an appeal before the National Faceless Appeal Centre, Delhi (NFAC). A similar demand order of Rs. 5,720.69 million was issued for AY 2022-23 on which an interim stay has been granted by the Hon’ble High Court of Karnataka and the matter is currently pending. Based on independent tax and legal advice, the management is confident of the favorable outcome upon conclusion of the proceedings. (h) The Board of Directors of the Company, at its meeting held on March 31, 2026, approved an internal reorganization involving certain operational functions, employee transfers, and contractual arrangements among the Company and its wholly owned subsidiaries, namely Valmo Transportation Private Limited and Meesho Technologies Private Limited. Pursuant to this reorganization, the Company and its subsidiaries (collectively referred to as the Group) shall be housing its logistics business across different entities in the Group to enhance administrative efficiency and streamline operations. This reorganization will also enable better functional specialization and more focused management of the logistics business. 5. Exceptional items: (a) Employee share based payment expense includes Incremental expense upon modification of share based plan (Year ended 31 March 2025: INR 4,821.70 million), and Accelerated charge upon vesting of existing options (Year ended 31 March 2025: INR 596.43 million) (b) Perquisite tax paid by the Company - (Year ended 31 March 2025: INR 7,338.16 millions) (c) Gain on demerger (refer note 4(ii) above) for year ended 31 March 2026: INR 264,790.20 million. (d) Expenses towards business combination - Quarter ended 31 December 2025: INR 37.10 million, Quarter ended 31 March 2025: INR 63.67 million, Year ended 31 March 2026: INR 1,024.68 million and Year ended 31 March 2025: INR 364.26 miilion. 6. The Government of India w.e.f. November 21, 2025, notified the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the Codes), which replaces the existing central labour legislations. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. Based on the Company’s assessment, the provisions currently in force do not have a material impact on the audited standalone financial results. The Company continues to monitor the finalization of Central/State rules, notifications and clarifications from the Government on the other aspects of the Code. 7. During the year ended March 31, 2025, Fashnear Shenzhen Trading Co. Ltd, a wholly owned subsidiary was liquidated w.e.f. May 09, 2024. 8. The Company publishes these Audited Standalone Financial Results along with the Consolidated Financial Results. In accordance with Ind AS 108,‘Operating Segments’, the Company has disclosed the segment information only in Consolidated Financial Results. 9. The above audited standalone financial results of the Company for the quarter and year ended March 31, 2026 are available on the Company’s website (www.meesho.com) and also on the website of BSE (www.bseindia.com) and NSE (www.nseindia.com), where the shares of the Company are listed.



Remarks

Debt equity ratio The Company does not have any debt and accordingly, debt equity ratio, debt service coverage ratio and interest service coverage ratio are not presented
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 7,261.40
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 6,890.50
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 30,61,124.30
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other financial assets 26,173.70
Total of other non-current financial assets 26,173.70
Total non-current financial assets 30,87,298.00
Deferred tax assets (net)
Other non-current assets
1 Right-of-use assets 4,801.60
2 Income tax assets (net) 19,309.50
Total of other non-current assets 24,111.10
Total non-current assets 31,25,561.00
2 Current assets
Inventories 0.00
Current financial asset
Current investments 4,323.60
Trade receivables, current 98,717.20
Cash and cash equivalents 37,833.00
Bank balance other than cash and cash equivalents 27,664.90
Loans, current 215.10
Other current financial assets
Total of other current financial assets 1,43,710.00
Total current financial assets 3,12,463.80
Current tax assets (net)
Other current assets
1 Other current assets 3,789.30
Total of other current assets 3,789.30
Total current assets 3,16,253.10
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 34,41,814.10
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 45,640.60
Other equity 32,69,779.20
Total equity attributable to owners of parent 33,15,419.80
Non controlling interest
Total equity 33,15,419.80
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 3,475.60
Total of other non-current financial liabilities 3,475.60
Total non-current financial liabilities 3,475.60
Provisions, non-current 540.30
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 4,015.90
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 9,025.40
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 53,083.60
Total Trade payable 62,109.00
Other current financial liabilities
1 Lease liabilities 2,787.30
2 Other financial liabilities 28,262.00
Total of other current financial liabilities 31,049.30
Total current financial liabilities 93,158.30
Other current liabilities 28,920.80
1 Other current liabilities 28,920.80
Total of other current liabilities 28,920.80
Provisions, current 299.30
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 1,22,378.40
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,26,394.30
Total equity and liabilites 34,41,814.10
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) \



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement (loss)/gains on defined employee benefit plans (45.50) (53.80)
Total Amount of items that will not be reclassified to profit and loss (45.50) (53.80)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (45.50) (53.80)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 27,47,958.30
Adjustments for reconcile profit (loss)
Adjustments for finance costs 872.30
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (98,717.20)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 1,128.40
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (1,03,782.30)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 5,734.40
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (52,606.60)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 4,446.10
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 6,683.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (19,017.10)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 1,21,615.30
Adjustments for share-based payments 7,522.40
Adjustments for fair value losses (gains) (4,738.40)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (9,877.00)
Other adjustments to reconcile profit (loss) (2,813.60)
Other adjustments for non-cash items (26,47,902.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (30,34,682.90)
Net cash flows from (used in) operations (2,86,724.60)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 2,76,931.90
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (5,63,656.50)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 2.00
Purchase of property, plant and equipment 10,175.80
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 16,884.30
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 1,70,734.00
Net cash flows from (used in) investing activities 1,77,444.50
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 4,25,055.60
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 2,335.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (12,576.20)
Net cash flows from (used in) financing activities 4,10,144.40
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 23,932.40
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 23,932.40
Cash and cash equivalents cash flow statement at beginning of period 13,900.60
Cash and cash equivalents cash flow statement at end of period 37,833.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S R Batliboi & Associates LLP Yes 31-07-2027


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 10-12-2025
Amount Raised 4,25,000.00
Report filed for Quarter ended 31-03-2026
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CRISIL Rating Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation false
Comments of the Audit Committee after review No comments
Comments of the auditors, if any No comments
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Investment for cloud infrastructure, in Meesho Technologies Private Limited, Subsidiary Not Applicable 1,39,000.00 1,39,000.00 11,859.50 0.00
2 Payment of salaries of existing and replacement hires for the Machine Learning and AI and technology teams for AI and technology development undertaken by Meesho Technologies Private Limited, Subsidiary Not Applicable 48,000.00 48,000.00 2,586.90 0.00
3 Investment in Meesho Technologies Private Limited, Subsidiary, for expenditure towards marketing and brand initiatives Not Applicable 1,02,000.00 1,02,000.00 12,280.00 0.00
4 Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes# Not Applicable 1,19,783.00 1,21,044.00 0.00 0.00
5 Issue expenses Not Applicable 16,217.00 14,951.00 10,758.80 0.00


Signatory Details

Name of signatory Rahul Bhardwaj
Designation of person Company Secretary and Compliance Officer
Place Bengaluru
Date 06-05-2026




Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Settlement of intercompany liability towards subsidiary 0.00 Audit committee Approval not required 4,731.50 0.00 0.00
2 Meesho Technologies Private Limited Meesho Limited Holding Company Advance 0.00 Audit committee Approval not required (1,521.50) 1,521.50 0.00
3 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Funds collected on behalf of Subsidiary 0.00 Audit committee Approval not required (1,84,162.30) 15,266.70 13,825.20
4 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefits expense 10,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,000 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 4, 19 and 30 5,788.60 7,244.80 96.10
5 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 4,684.90 8,664.40 0.00
6 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 2,423.60 0.00 0.00
7 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 0.00 Audit committee Approval not required 996.30 721.20 159.50
8 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Acquisition of post employment benefits obligation 0.00 Audit committee Approval not required 17.40 0.00 0.00
9 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Sale of goods or services 5,50,000.00 - 2,95,789.30 63,466.80 98,678.50
10 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Recovery of common facility cost 11,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,100 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 10, 24 and 31 to 37 1,538.60 936.40 344.10
11 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Transfer of liabilities to subsidiary 0.00 Audit committee Approval not required 1,15,639.80 0.00 0.00
12 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Liability settled by Holding company on behalf of subsidary 0.00 Audit committee Approval not required 1,32,335.70 0.00 0.00
13 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Liability settled on behalf of Holding Company 0.00 Audit committee Approval not required 1,211.20 0.00 0.00
14 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Investment 0.00 - 0.00 19,00,897.80 19,65,825.80 Textual Information(1)
15 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Interest inome on CCPS 0.00 Audit committee Approval not required 64,928.00 0.00 0.00
16 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Funds collected on behalf of Subsidiary Company 0.00 Audit committee Approval not required 651.60 0.00 0.00
17 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Liability incurred on behalf of Subsidiary 0.00 Audit committee Approval not required 55.40 0.00 0.00
18 Meesho Grocery Private Limited Meesho Limited Holding Company Advance 0.00 Audit committee Approval not required (33.90) 33.90 0.00
19 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefit expenses 10,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,000 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 4, 19 and 30 445.40 0.00 117.30
20 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 382.10 0.00 0.00
21 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 35.90 0.00 0.00
22 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefit expenses 0.00 Audit committee Approval not required 116.40 0.00 0.00
23 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Acquisition of post employment benefits obligation 0.00 Audit committee Approval not required 15.60 0.00 0.00
24 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of common facility cost 11,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,100 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 10, 24 and 31 to 37 99.20 0.00 0.00
25 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Transfer of liabilities to subsidiary 0.00 Audit committee Approval not required 6,595.30 4,194.30 0.00
26 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Liability settled by Holding company on behalf of subsidiaries 0.00 Audit committee Approval not required (1,175.90) 0.00 0.00
27 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Investment 0.00 - 0.00 34,056.20 35,422.10 Textual Information(2)
28 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Interest inome on CCPS 0.00 Audit committee Approval not required 1,365.90 0.00 0.00
29 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Liability settled by Holding company on behalf of subsidiaries 0.00 Audit committee Approval not required 0.10 0.00 0.10
30 Meesho Limited Meesho Payments Private Limited Subsidiary Any other transaction Recovery of employee benefits expense 10,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,000 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 4, 19 and 30 161.50 1,260.90 1,077.30
31 Meesho Limited Meesho Payments Private Limited Subsidiary Any other transaction Recovery of common facility cost 11,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,100 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 10, 24 and 31 to 37 46.20 48.30 10.80
32 Meesho Limited Meesho Payments Private Limited Subsidiary Any other transaction Recovery of other expenses 11,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,100 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 10, 24 and 31 to 37 27.70 1,240.70 1,517.40
33 Meesho Limited Meesho Payments Private Limited Subsidiary Any other transaction Reimbursement of other expenses 11,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,100 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 10, 24 and 31 to 37 0.40 0.00 0.00
34 Meesho Limited Meesho Payments Private Limited Subsidiary Any other transaction Reimbursement of employee benefit expenses 11,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,100 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 10, 24 and 31 to 37 66.60 58.90 10.60
35 Meesho Payments Private Limited Meesho Limited Holding Company Advance 11,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,100 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 10, 24 and 31 to 37 (44.90) 44.90 0.00
36 Meesho Limited Meesho Payments Private Limited Subsidiary Any other transaction Liability settled on behalf of subsidiary 11,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,100 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 10, 24 and 31 to 37 (237.70) 284.50 306.10
37 Meesho Limited Meesho Payments Private Limited Subsidiary Any other transaction Liability settled by subsidaries on behalf of holding company 11,000.00 The Audit Committee has approved an aggregate limit of Rs. 1,100 million for transactions with Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 10, 24 and 31 to 37 10.80 0.00 0.00
38 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Recovery of employee benefit expense 0.00 Audit committee Approval not required 38.20 80.50 8.40
39 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Reimbursement of employee benefit expense 0.00 Audit committee Approval not required 165.40 83.90 31.70
40 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Transfer of post employment benefits obligation 0.00 Audit committee Approval not required 4.00 0.00 0.00
41 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Transfer of liabilities to fellow subsidaries 0.00 Audit committee Approval not required (176.50) 0.00 0.00
42 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Royalty Income 100.00 The Audit Committee has approved an aggregate limit of Rs. 10 million for transactions between Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 42 and 57 4.20 1.10 0.50
43 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 240.30 0.00 0.00
44 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 29.30 0.00 0.00
45 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Liability settled by Holding company on behalf of subsidiaries 0.00 Audit committee Approval not required 0.00 0.00 0.00
46 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Liability settled by Other subsidaries 0.00 Audit committee Approval not required 184.80 107.00 0.00
47 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Any other transaction Liability settled on behalf of Other subsidaries 0.00 Audit committee Approval not required 37.80 0.00 4.00
48 Meesho Technologies Private Limited Meesho Grocery Private Limited Fellow Subsidiary Advance 0.00 Audit committee Approval not required (4.00) 4.00 0.00
49 Meesho Grocery Private Limited Meesho Technologies Private Limited Fellow Subsidiary Advance 0.00 Audit committee Approval not required (2.40) 2.40 0.00
50 Meesho Technologies Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Reimbursement of employee benefit expenses 0.00 Audit committee Approval not required 140.50 85.70 162.60
51 Meesho Technologies Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required (15.30) 0.00 0.00
52 Meesho Technologies Private Limited Meesho Payments Private Limited Fellow Subsidiary Advance 0.00 Audit committee Approval not required (3.00) 3.00 0.00
53 Meesho Payments Private Limited Meesho Technologies Private Limited Fellow Subsidiary Advance 0.00 Audit committee Approval not required (11.60) 11.60 0.00
54 Meesho Technologies Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Recovery of employee benefit expense 0.00 Audit committee Approval not required 19.20 18.50 4.70
55 Meesho Technologies Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 20.60 3.50 24.10
56 Meesho Technologies Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Liability settled by Other subsidaries 0.00 Audit committee Approval not required 0.40 0.00 0.00
57 Meesho Technologies Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Royalty Income 100.00 The Audit Committee has approved an aggregate limit of Rs. 10 million for transactions between Meesho Tehnologies Private Limitede, Meesho Grocery Private Limited and Meesho Payments Private Limited mentioned at Sr. No. 42 and 57 39.60 18.60 18.20
58 Meesho Grocery Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Reimbursement of employee benefit expenses 0.00 Audit committee Approval not required 0.00 1.10 1.10
59 Meesho Grocery Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Recovery of employee benefit expenses 0.00 Audit committee Approval not required 9.20 4.90 17.30
60 Meesho Grocery Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 7.10 0.00 7.10
61 Meesho Grocery Private Limited Meesho Payments Private Limited Fellow Subsidiary Advance 0.00 Audit committee Approval not required (1.10) 1.10 0.00
62 Meesho Grocery Private Limited Meesho Payments Private Limited Fellow Subsidiary Any other transaction Acquisition of post employment benefits obligation 0.00 Audit committee Approval not required 0.30 0.00 0.30
63 Meesho Limited Meesho Payments Private Limited Subsidiary Investment 0.00 - 0.00 4,218.00 4,218.00
64 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Investment 0.00 Audit committee Approval not required 2,89,003.30 7,26,716.70 10,15,720.00 Investment 0 NA Unsecured Business Purpose Textual Information(3)
65 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Investment 0.00 - 0.00 39,937.70 39,937.70
66 Meesho Limited PT Fashnear Technology Indonesia Subsidiary Investment 0.00 - 0.00 6,499.80 0.00 Textual Information(4)
67 PT Fashnear Technology Indonesia, Indonesia Meesho Limited Holding Company Any other transaction Transfer of balances on liqudation 0.00 Audit committee Approval not required 353.60 0.00 0.00
68 Meesho Limited Meesho Networks LLC Wholly owned Subsidiary Investment 0.00 - 0.00 0.10 0.10
69 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Investment 0.00 Audit committee Approval not required 1.00 0.00 1.00 Investment 0 NA Unsecured Business Purpose Textual Information(5)
70 Meesho Limited Meesho Foundation Settlor of Trust Any other transaction Donation 100.00 - 5.00 0.00 0.00
71 Meesho Limited SANJEEV KUMAR Promoter Remuneration 0.00 Audit committee approval not required 246.80 0.00 0.00
72 Meesho Limited VIDIT AATREY Promoter Remuneration 0.00 Audit committee approval not required 246.80 0.00 0.00
73 Meesho Technologies Private Limited Valuedrive Technologies Private Limited Private Company in which Nominee Director of the Company is a Director Sale of goods or services 0.00 Audit committee approval not required 8.70 0.20 3.10
Total value of transaction during the reporting period 7,43,577.00



Text Block

Textual Information(1) Outstanding balance of Compulsorily Convertible Preference Shares
Textual Information(2) Outstanding balance of Compulsorily Convertible Preference Shares
Textual Information(3) Investment in Equity Shares. The closing balance also includes initial subscription of Rs. 72,671.67 million
Textual Information(4) Liquidation of Subsidiary
Textual Information(5) Investment in Equity shares