MEESHO : INVESTS RS 400 CR IN WHOLLY OWNED SUBSIDIARY MEESHO PAYMENTS VIA RIGHTS ISSUE

• Subscribes ~1.14 Cr equity shares of Re 1 each at ₹350/share (Re 1 face value plus ₹349 premium) via rights issue • Total cash investment ~₹400 Cr; shareholding in MPPL remains 100% after allotment • MPPL is a wholly owned subsidiary and lending service provider (LSP) • MPPL FY26 turnover ₹11.05 Cr; net loss ₹24.65 Cr as of March 31, 2026 • Funds to support MPPL's business operations, scale, operational efficiency and regulatory requirements • Equity shares allotted on November 02, 2026

Meesho Ltd

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