
Meesho Approves Alteration of Articles of Association
Meesho Ltd announced that its Board of Directors, on September 11, 2026, approved amendments to the Company's Articles of Association (AoA). This decision was made following feedback from shareholders and in continuation of the intimation regarding the upcoming 11th Annual General Meeting (AGM) scheduled for September 18, 2026. The approved changes pertain to Item No. 3 of the AGM Notice, specifically concerning Article 122, which deals with Board Seat and Nomination Rights. The revised Article 122, as detailed in the enclosed Corrigendum, clarifies nomination rights for founders Vidit Aatrey and Sanjeev Kumar, subject to them collectively holding at least 3% of the paid-up equity share capital. The full details of the proposed changes are available on the company's website and stock exchange portals.
Key Highlights
- Board approved amendments to Articles of Association.
- Changes relate to Board Seat and Nomination Rights (Article 122).
- Founder nomination rights are subject to holding 3% equity.
- Amendments to be presented for shareholder approval at AGM.
Price Impact
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