Meesho Invests ₹50 Cr in Retail Pulse Labs, Amends SPA

Meesho Limited's Board of Directors has approved an investment of up to INR 50 Crores (₹50,00,00,000) in Retail Pulse Labs Private Limited (RPLPL). This investment is contingent upon the completion of the first tranche of Meesho's previously announced acquisition of Kirana Club Pte. Ltd. and its subsidiary RPLPL. Upon completion of the first tranche, RPLPL will become a step-down subsidiary of Meesho. The investment will be made in tranches within one year post-acquisition closing. Additionally, the Board approved an Amendment Agreement to the Share Purchase Agreement dated June 12, 2026, which incorporates procedural and operational modifications without altering the total acquisition consideration of INR 202.08 Crores (₹2,02,08,52,202.40). As of the filing date, no acquisition tranche has been completed.