
Subsidiary29 Jan 2026, 01:44 pm
Meesho Ltd Incorporates Wholly Owned Subsidiary 'Valmo Transportation Private Limited'
AI Summary
Meesho Ltd, a leading e-commerce platform, has incorporated a wholly owned subsidiary named 'Valmo Transportation Private Limited'. The new subsidiary, which was approved by the Ministry of Corporate Affairs on January 28, 2026, will operate as a logistics service provider. The subsidiary has an authorized capital of Rs.15,00,00,000/- divided into 1,50,00,000 equity shares of Rs.10/- each, with a paid-up share capital of Rs. 1,00,000/-. The main objects of Valmo include the movement of goods and undertaking activities relating to loading, unloading, in-transit storage, handling, and trans-shipment of goods through third-party service providers.
Key Highlights
- Meesho Ltd incorporates a wholly owned subsidiary, Valmo Transportation Private Limited
- Valmo to operate as a logistics service provider
- Authorized capital of Rs.15,00,00,000/- divided into 1,50,00,000 equity shares of Rs.10/- each
- Paid-up share capital of Rs. 1,00,000/-
- Valmo's main objects include movement of goods and related activities