MEESHO : TO INVEST UP TO RS 400 CR IN SUBSIDIARY MEESHO PAYMENTS

• Board approved further investment of up to ₹400 Cr in Meesho Payments (MPPL), a 100% wholly owned subsidiary, via rights/further issue in one or more tranches • MPPL is a Lending Service Provider; FY26 turnover ₹11.05 Cr against net loss of ₹24.65 Cr • Board also approved incorporation of a new wholly owned subsidiary with an initial investment of up to ₹15 Cr • New WOS aimed at building in-house underwriting, owning borrower relationships and capturing full lending margins • Further investment of USD 650,000 in Singapore-based Kirana Club Pte Ltd and up to ₹18.73 Cr in Retail Pulse Labs (RPLPL) • RPLPL runs a B2B e-commerce marketplace for kirana retailers; FY26 turnover ₹16.04 Cr with net loss of ₹1.60 Cr

Meesho Ltd

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