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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 28-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment The Company publishes these Unaudited Standalone Financial Results along with the Unaudited Consolidated Financial Results. In accordance with Ind AS 108,‘Operating Segments’, the Company has disclosed the segment information only in Unaudited Consolidated Financial Results.
Start date and time of board meeting 28-10-2026   15:30:00
End date and time of board meeting 28-10-2026   16:20:00
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 Not applicable
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 2,51,083.50 4,60,410.00
Other income 41,890.30 88,558.10
Total income 2,92,973.80 5,48,968.10
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 5,392.60 8,753.00
(e) Finance costs 128.50 328.20
(f) Depreciation, depletion and amortisation expense 1,924.70 3,804.20
(f) Other Expenses
1 Other Expenses 2,66,575.50 4,81,753.20
Total other expenses 2,66,575.50 4,81,753.20
Total expenses 2,74,021.30 4,94,638.60
3 Total profit before exceptional items and tax 18,952.50 54,329.50
4 Exceptional items 0.00 0.00
5 Total profit before tax 18,952.50 54,329.50
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 0.00 0.00
9 Total tax expenses 0.00 0.00
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 18,952.50 54,329.50
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 18,952.50 54,329.50
17 Other comprehensive income net of taxes 21.50 36.00
18 Total Comprehensive Income for the period 18,974.00 54,365.50
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 46,285.30 46,285.30
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.41 1.15
Diluted earnings (loss) per share from continuing operations 0.4 1.14
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 0.41 1.15
Diluted earnings (loss) per share from continuing and discontinued operations 0.4 1.14
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) Notes to the Unaudited Standalone Financial Results for the quarter and six month period ended September 30, 2026 1.The above Unaudited 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 the applicable 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 unaudited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 28, 2026. 2.The figures for the quarter ended September 30, 2025 are the derived balancing figure between audited figures in respect of the six month period ended September 30, 2025 and the audited figures for the quarter ended June 30, 2025. 3.During the year ended March 31, 2026, the Company had completed its Initial Public Offering (IPO) of 488,396,721 equity shares of face value of Re. 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. 4.During the quarter and six month period ended September 30, 2026: a.The Company has allotted 19,860,078 equity shares during the quarter ended September 30,2026 and 64,465,733 equity shares during the six month period ended September 30,2026 having a face value of Re. 1/- each upon exercise of vested options under the Company’s Employee Stock Option Plan, 2024. b.Pursuant to the Board resolution dated May 06, 2026, the Company has made an additional investment of Rs. 999.99 million in Meesho Payments Private Limited, a wholly owned subsidiary, by way of subscription to rights issue of 3,058,103 equity shares of face value of Re. 1 each at an issue price of Rs. 327 per equity share (including securities premium of Rs. 326 per equity share). The aforesaid investment has been made to facilitate the operational growth and financial requirements of its wholly owned subsidiary. c.Pursuant to the Board resolution dated July 23, 2026, the Company has made an additional investment of Rs. 749.99 million in Meesho Grocery Private Limited, a wholly owned subsidiary, by way of subscription to rights issue of 71,022,727 equity shares of face value of Re. 10 each at an issue price of Rs. 10.56 per equity share (including securities premium of Rs. 0.56 per equity share). The aforesaid investment has been made to facilitate the operational growth and financial requirements of its wholly owned subsidiary. d.On June 12, 2026, the Company has entered into a Share Purchase Agreement with certain identified selling shareholders to acquire the below stake for an aggregate consideration amounting to Rs. 2,020.85 million: i. 100% stake of Kirana Club Pte. Ltd., (“Kirana Club”) a company incorporated under the laws of Singapore; and ii. 0.41% stake of Retail Pulse Labs Private Limited (“RPLPL”), a company incorporated in India, and an existing subsidiary of Kirana Club. The aforesaid consideration is payable in two tranches, subject to the satisfaction of the specified conditions precedent applicable for each tranche. The acquisition is expected to be completed during the quarter ended December 31, 2026. 5.(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. During the year ended March 31, 2025, the Company had provided for taxes towards Global Intangible Low-Taxed Income, business combination and passive income collectively referred to as Tax payable on account of business combination arising on account of the aforesaid business combination. The incremental charge recorded during the quarter ended September 30, 2025 and six month period ended September 30, 2025 and year ended March 31, 2026 was on account of foreign exchange fluctuations and finalisation of the tax obligations. (ii) During the year ended March 31, 2026, the grocery and e-commerce undertakings of the Company were transferred to MTPL and MGPL w.e.f. June 1, 2025. The carrying value of the net assets of the grocery and e-commerce undertakings [refer details below] were 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 had recognized 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 which had arisen after taking effect of consideration over the carrying value of net assets of MTPL and MGPL was recognised as an exceptional item in the standalone financial results for the quarter ended June 30, 2025 and the year ended March 31, 2026 respectively. (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 million- 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 (iii) Until June 01, 2025, the Company generated revenue from online delivery of goods, display of advertisements on the platform, assurance services and other platform-related services. Pursuant to the demerger of the e-commerce and grocery undertakings w.e.f. June 01, 2025 as detailed in note 5(ii), the Company transferred these businesses to MTPL and MGPL respectively. Consequently, from June 01, 2025, the Company generated revenue from providing logistics services through its delivery channel — Valmo — exclusively to MTPL. 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 (VTPL) and MTPL. Pursuant to this reorganization, the Company and its subsidiaries (collectively, the Group) are reorganising the logistics business across different Group entities to enhance administrative efficiency, enable functional specialization, and allow more focused management of the logistics business. As a result of this reorganization, the Company is now providing delivery services directly to sellers, and a portion of the Valmo delivery channel is operated by VTPL which provides delivery services to seller/platform users. Considering the aforesaid business reorganization and demerger detailed in note 5(ii), the unaudited standalone financial results for the quarter ended and six month period ended September 30, 2026 are not comparable with the audited standalone financial results for the quarter ended and six month period ended September 30, 2025 and the unaudited standalone financial results for the quarter ended June 30, 2026. 6. Exceptional items: (a) Gain on demerger (refer note 5(ii) above) for six months period ended 30 September 2025: INR 264,790.20 million and for the year ended 31 March 2026- 2,64,790.20. (b) Expenses towards business combination - Quarter ended 30 September 2025: INR 63.53 million, six months ended 30 September 2025: INR 987.58 million and Year ended 31 March 2026: INR 1,024.68 millions. 7.During the year 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. During the six month period ended September 30, 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. 8.The Company publishes these Unaudited 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 Unaudited standalone financial results of the Company for the quarter and six month period ended September 30, 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 has no debt and interest on borrowings and accordingly, debt equity ratio, debt service coverage ratio and interest service coverage ratio are not presented.
Debt service coverage ratio The company has no debt and interest on borrowings and accordingly, debt equity ratio, debt service coverage ratio and interest service coverage ratio are not presented.
Interest service coverage ratio The company has no debt and interest on borrowings and accordingly, debt equity ratio, debt service coverage ratio and interest service coverage ratio are not presented.


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 6,014.80
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 5,631.90
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 31,68,999.20
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other financial assets 6,313.00
Total of other non-current financial assets 6,313.00
Total non-current financial assets 31,75,312.20
Deferred tax assets (net)
Other non-current assets
1 Right of use asset 4,435.00
2 Income tax assets (net) 17,345.50
Total of other non-current assets 21,780.50
Total non-current assets 32,08,739.40
2 Current assets
Inventories 0.00
Current financial asset
Current investments 1,22,842.50
Trade receivables, current 0.00
Cash and cash equivalents 5,215.90
Bank balance other than cash and cash equivalents 15,000.00
Loans, current 130.10
Other current financial assets
Total of other current financial assets 1,25,205.20
Total current financial assets 2,68,393.70
Current tax assets (net) 0.00
Other current assets
1 Other current assets 6,671.30
Total of other current assets 6,671.30
Total current assets 2,75,065.00
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 34,83,804.40
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 46,285.30
Other equity 33,32,787.30
Total equity attributable to owners of parent 33,79,072.60
Non controlling interest
Total equity 33,79,072.60
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 1,961.00
Total of other non-current financial liabilities 1,961.00
Total non-current financial liabilities 1,961.00
Provisions, non-current 533.40
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 2,494.40
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2,912.60
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 93,793.60
Total Trade payable 96,706.20
Other current financial liabilities
1 Other financial liabilities 1,185.00
2 Lease liabilities 2,921.90
Total of other current financial liabilities 4,106.90
Total current financial liabilities 1,00,813.10
Other current liabilities 1,115.40
1 Other current liabilities 1,115.40
Total of other current liabilities 1,115.40
Provisions, current 308.90
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 1,02,237.40
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 1,04,731.80
Total equity and liabilites 34,83,804.40
Disclosure of notes on assets and liabilities



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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
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 gains/ (loss) on defined employee benefit plans 21.50 36.00
Total Amount of items that will not be reclassified to profit and loss 21.50 36.00
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 21.50 36.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 54,329.50
Adjustments for reconcile profit (loss)
Adjustments for finance costs 328.20
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 (2,882.00)
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 (7,676.10)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 35,124.80
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (27,772.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 3,804.20
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 829.70
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (24,752.50)
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 81,225.30
Adjustments for share-based payments 1,333.90
Adjustments for fair value losses (gains) (83.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (2,019.40)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (230.50)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (6,502.80)
Net cash flows from (used in) operations 47,826.70
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) (2,263.90)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 50,090.60
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 17,500.00
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 21.40
Purchase of property, plant and equipment 2,395.50
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 10,426.70
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (70,805.20)
Net cash flows from (used in) investing activities (80,252.60)
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 13.20
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 2,468.30
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (2,455.10)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (32,617.10)
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 (32,617.10)
Cash and cash equivalents cash flow statement at beginning of period 37,833.00
Cash and cash equivalents cash flow statement at end of period 5,215.90





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 30-09-2026
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 45,067.00 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 18,969.00 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 33,517.20 0.00
4 Funding inorganic growth through acquisitions and other strategic initiatives and general corporate purposes# Not Applicable 1,19,783.00 1,21,212.60 1,05,099.60 0.00
5 Issue expenses Not Applicable 16,217.00 14,787.40 14,261.40 0.00


Signatory Details

Name of signatory Dhiresh Bansal
Designation of person Chief Financial Officer
Place Bengaluru
Date 28-10-2026




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 Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Recovery of common facility cost 600.00 The Audit committee has approved an aggregate transaction of 60 Million 232.30 0.00 36.50
2 Meesho Limited Meesho Payments Private Limited Wholly owned Subsidiary Any other transaction Recovery of common facility cost 150.00 The Audit committee has approved an aggregate transaction of 15 Million 52.70 344.10 8.90
3 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Recovery of common facility cost 3,800.00 The Audit committee has approved an aggregate transaction of 380 Million 1,615.70 10.80 265.30
4 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of common facility cost 250.00 The Audit committee has approved an aggregate transaction of 25 Million 89.60 0.00 14.20
5 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefits expense 9,000.00 The Audit committee has approved an aggregate transaction of 900 Million 2,324.20 0.00 320.30
6 Meesho Limited Meesho Payments Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefits expense 6,500.00 The Audit committee has approved an aggregate transaction of 650 Million 369.50 1,077.30 58.20
7 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefits expense 15,000.00 The Audit committee has approved an aggregate transaction of 1500 Million 9,175.20 96.10 1,761.20
8 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefits expense 6,500.00 The Audit committee has approved an aggregate transaction of 650 Million 517.90 117.30 57.20
9 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 9,000.00 The Audit committee has approved an aggregate transaction of 900 Million 1,231.10 0.00 228.60
10 Meesho Limited Meesho Payments Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 6,500.00 The Audit committee has approved an aggregate transaction of 650 Million 0.00 10.60 0.00
11 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 15,000.00 The Audit committee has approved an aggregate transaction of 1500 Million 2,040.70 159.50 523.30
12 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 6,500.00 The Audit committee has approved an aggregate transaction of 650 Million 224.00 0.00 0.00
13 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Transfer of employee benefits obligation 9,000.00 The Audit committee has approved an aggregate transaction of 900 Million 65.40 0.00 0.00
14 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Transfer of employee benefits obligation 15,000.00 The Audit committee has approved an aggregate transaction of 1500 Million 32.60 0.00 0.00
15 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Transfer of employee benefits obligation 6,500.00 The Audit committee has approved an aggregate transaction of 650 Million 5.20 0.00 0.00
16 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Acquisition of employee benefits obligation 9,000.00 The Audit committee has approved an aggregate transaction of 900 Million 175.20 0.00 0.00
17 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Acquisition of employee benefits obligation 15,000.00 The Audit committee has approved an aggregate transaction of 1500 Million 4.10 0.00 2.20
18 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Acquisition of employee benefits obligation 6,500.00 The Audit committee has approved an aggregate transaction of 650 Million 75.50 0.00 75.50
19 Valmo Transportation Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefits expense 5,000.00 The Audit committee has approved an aggregate transaction of 500 Million 186.70 0.00 41.40
20 Valmo Transportation Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 5,000.00 The Audit committee has approved an aggregate transaction of 500 Million 881.90 0.00 108.00
21 Valmo Transportation Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 5,000.00 The Audit committee has approved an aggregate transaction of 500 Million 63.60 0.00 0.00
22 Valmo Transportation Private Limited Meesho Payments Private Limited Wholly owned Subsidiary Any other transaction Transfer of employee benefits obligation 0.00 Audit committee Approval not required 4.60 0.00 0.00
23 Valmo Transportation Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Transfer of employee benefits obligation 0.00 Audit committee Approval not required 118.50 0.00 0.00
24 Valmo Transportation Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Transfer of employee benefits obligation 0.00 Audit committee Approval not required 23.50 0.00 0.00
25 Valmo Transportation Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Acquisition of employee benefits obligation 0.00 Audit committee Approval not required 64.60 0.00 38.40
26 Valmo Transportation Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Acquisition of employee benefits obligation 0.00 Audit committee Approval not required 4.40 0.00 0.20
27 Meesho Payments Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefits expense 5,000.00 The Audit committee has approved an aggregate transaction of 500 Million 220.70 4.70 10.50
28 Meesho Payments Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefits expense 5,000.00 The Audit committee has approved an aggregate transaction of 500 Million 0.00 17.30 0.00
29 Meesho Payments Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 5,000.00 The Audit committee has approved an aggregate transaction of 500 Million 178.80 162.60 14.90
30 Meesho Payments Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 5,000.00 The Audit committee has approved an aggregate transaction of 500 Million 0.00 1.10 0.00
31 Meesho Payments Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Acquisition of employee benefits obligation 0.00 Audit committee Approval not required 2.40 0.00 2.40
32 Meesho Payments Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Acquisition of employee benefits obligation 0.00 Audit committee Approval not required 10.00 0.30 10.00
33 Meesho Technologies Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of employee benefits expense 5,000.00 The Audit committee has approved an aggregate transaction of 500 Million 198.70 8.40 2.00
34 Meesho Technologies Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of employee benefits expense 5,000.00 The Audit committee has approved an aggregate transaction of 500 Million 240.50 31.70 5.70
35 Meesho Technologies Private Limited Meesho Payments Private Limited Wholly owned Subsidiary Any other transaction Royalty income 0.00 Audit committee Approval not required 23.30 18.20 12.60
36 Meesho Technologies Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Royalty income 0.00 Audit committee Approval not required 3.00 0.50 0.70
37 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Platform cost 1,48,000.00 The Audit committee has approved an aggregate transaction of 14800 Million 65,352.10 0.00 12,341.80
38 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction License fees for intangible transfer 910.00 The Audit committee has approved an aggregate transaction of 91 Million 901.40 0.00 0.00
39 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction License fees for intangible transfer 1,430.00 The Audit committee has approved an aggregate transaction of 143 Million 1,428.00 0.00 0.00
40 Meesho Limited Meesho Foundation Settlor of Trust Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 1.60 0.00 0.00
41 Meesho foundation Meesho Limited Settlor of Trust Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 1.60 0.00 0.00
42 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 950.00 0.00 83.60
43 Meesho Limited Meesho Payments Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 46.10 1,517.40 14.20
44 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 19,049.20 0.00 643.60
45 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 150.40 0.00 28.60
46 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 7,132.20 0.00 1.10
47 Meesho Limited Meesho Payments Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 5.60 0.00 0.00
48 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 7,477.50 0.00 2,000.50
49 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 11.50 0.00 0.20
50 Valmo Transportation Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 0.10 0.00 0.00
51 Meesho Technologies Private Limited Meesho Payments Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 0.00 24.10 0.00
52 Meesho Technologies Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 0.00 7.10 0.00
53 Valmo Transportation Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 379.30 0.00 11.30
54 Meesho Payments Private Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 66.20 0.00 5.50
55 Meesho Technologies Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Recovery of other expenses 0.00 Audit committee Approval not required 369.40 0.00 29.20
56 Meesho Technologies Private Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Reimbursement of other expenses 0.00 Audit committee Approval not required 26.10 0.00 6.70
57 Meesho Limited Meesho Payments Private Limited Wholly owned Subsidiary Investment 0.00 Audit committee Approval not required 10,000.00 0.00 10,000.00
58 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Investment 0.00 Audit committee Approval not required 7,500.00 0.00 7,500.00
59 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Funds collected on behalf of Subsidiary 0.00 Audit committee Approval not required 49.00 0.00 0.00
60 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 1,89,646.80 13,825.20 0.00
61 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Funds collected by Subsidiary 0.00 Audit committee Approval not required 4,91,962.90 0.00 43,074.70
62 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Liability settled by Holding company 0.00 Audit committee Approval not required 8,182.00 0.10 3,393.60
63 Meesho Limited Meesho Payments Private Limited Wholly owned Subsidiary Any other transaction Liability settled by Holding company 0.00 Audit committee Approval not required 0.00 306.10 0.00
64 Meesho Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Liability settled by subsidiary 0.00 Audit committee Approval not required 324.30 0.00 0.00
65 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Liability settled by subsidiary 0.00 Audit committee Approval not required 19,505.20 0.00 11,213.20
66 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Liability settled by Holding company 0.00 Audit committee Approval not required 0.00 4.00 0.00
67 Meesho Technologies Private Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Funds collected by Subsidiary 0.00 Audit committee Approval not required 1,95,455.20 0.00 13,387.20
68 Meesho Technologies Private Limited Valmo Transportation Private Limited Wholly owned Subsidiary Any other transaction Liability settled by subsidiary 0.00 Audit committee Approval not required 7,234.00 0.00 7,234.00
69 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Any other transaction Interest inome on CCPS 0.00 Audit committee Approval not required 72,992.20 0.00 72,992.20
70 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Any other transaction Interest inome on CCPS 0.00 Audit committee Approval not required 1,531.70 0.00 1,531.70
71 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Investment 0.00 Audit committee Approval not required 0.00 19,65,825.80 20,38,818.00 Textual Information(1)
72 Meesho Limited Meesho Grocery Private Limited Wholly owned Subsidiary Investment 0.00 Audit committee Approval not required 0.00 35,422.10 36,953.80 Textual Information(2)
73 Meesho Limited Meesho Technologies Private Limited Wholly owned Subsidiary Sale of goods or services 0.00 Audit committee Approval not required 24,729.20 98,678.50 0.00
74 Meesho Limited SANJEEV KUMAR Promoter, Whole-time Director and Chief Technology Officer Remuneration 0.00 Audit committee has approved the transaction 247.50 0.00 0.00
75 Meesho Limited VIDIT AATREY Promoter, Managing Director and Chief Executive Officer Remuneration 0.00 Audit committee has approved the transaction 247.50 0.00 0.00
76 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 14.50 3.10 3.40
77 Meesho Limited VIDIT AATREY Promoter, Managing Director and Chief Executive Officer Any other transaction Purchase of equity share 0.00 Audit committee has approved the transaction 0.00 0.00 0.00 Textual Information(3)
Total value of transaction during the reporting period 11,53,426.40



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) Purchased 1 (One) equity share for Rs. 327 of Meesho payments private limited from Vidit Aatrey. He shall continue to be registered as the holder of 1 (one) equity share solely in the capacity of a nominee shareholder, holding such share for and on behalf of the Company, in order to comply with the minimum membership requirements.