Meesho Board Approves Financial Results, Subsidiary Investments

Meesho Limited's Board of Directors convened on July 23, 2026, approving the Unaudited Financial Results for the quarter ended June 30, 2026. The board also sanctioned an additional investment of up to ₹75 crore in its wholly-owned subsidiary, Meesho Grocery Private Limited (MGPL). Furthermore, Meesho will acquire one equity share in Meesho Payments Private Limited (MPPL) to make it a wholly-owned subsidiary. The company also plans to alter its Articles of Association to incorporate provisions for founder and investor nomination rights, subject to member approval.