5446322026-10-075446322026-10-072026-10-07544632MEESHO LIMITEDMEESHONOTLISTEDINE0VDM01015Updatetrue2026-10-0621:20:002026-06-122026-10-062026-10-07In continuation to our earlier intimation dated June 12, 2026, regarding the proposed acquisition of Kirana Club Pte. Ltd. ("Kirana Club") and its subsidiary RPLPL, approved making a further investment of up to INR 50,00,00,000 (Indian Rupees Fifty Crores) in RPLPL. This is subject to completion of the first tranche of the said acquisition, upon which RPLPL will become a step-down subsidiary of the Company. <BR> <BR> The proposed investment will be made in one or more tranches within a period of 1 (one) year from the date of closing of first tranche of the original acquisition disclosed on June 12, 2026, by way of subscription to, or purchase of, Equity Shares, Preference Shares, Compulsorily Convertible Debentures (CCDs), or any other permissible securities/instruments, in accordance with applicable laws and definitive agreements. The specific instrument(s), price and number of securities will be determined at the time of each tranche, and the Company will make appropriate disclosures in accordance with the SEBI Listing Regulations. <BR> Acquisition (including agreement to acquire)The Board of Directors of Meesho Limited (the “Company”) at its meeting held on Friday, June 12, 2026, has considered and approved the acquisition of 100% of share capital of Kirana Club Pte. Ltd. (“Kirana Club”), a company incorporated under the laws of Singapore, and 0.41% of the share capital of Retail Pulse Labs Private Limited (“RPLPL”), an existing subsidiary of Kirana Club incorporated under the laws of India, from the identified selling shareholders, for an aggregate consideration amounting to Rs. 2,02,08,52,202.40 (Rupees Two Hundred Two Crores Eight Lakhs Fifty-Two Thousand Two Hundred Two and Forty Paise Only), in three tranches. Further, the Board of Directors had also approved the execution of Share Purchase Agreement ("SPA") and other ancillary agreements/ documents (collectively, the "Transaction Documents") in connection with and to give effect to this acquisition. Post-acquisition, Kirana Club will become a wholly owned subsidiary (“WOS”) of the Company, and RPLPL will become a step-down subsidiary of the Company (with Company holding 99.59% stake indirectly through Kirana Club and the remaining 0.41% directly). The proposed acquisition was structured to be completed in three tranches.OthersThe Board of Directors the Company, at its meeting held on Tuesday, October 06, 2026, have Approved the execution of an Amendment Agreement to the Share Purchase Agreement dated June 12, 2026 (the "Amendment Agreement"). The Amendment Agreement has been executed to inter-alia incorporate certain procedural alignments and operational modifications in relation to the transaction. The overall aggregate consideration amounting to INR 2,02,08,52,202.40 (Rupees Two Hundred Two Crores Eight Lakhs Fifty-Two Thousand Two Hundred Two and Forty Paise Only) and the scope of the proposed acquisition remain unchanged from the terms previously disclosed.As on date, no tranche of the acquisition has been completed. The Company will continue to make separate disclosures to the Stock Exchanges upon completion of each tranche.