MEESHO : ACQUIRES 92.74% OF KIRANA CLUB FOR RS 186.71 CR

• Meesho completed first and second tranche of acquisition of 92.74% share capital of Kirana Club Pte. Ltd. (Singapore) and of Retail Pulse Labs Pvt Ltd (India), directly and indirectly • Aggregate cash consideration of ₹186.71 Cr paid to identified selling shareholders • Kirana Club has become a subsidiary and Retail Pulse Labs a step-down subsidiary of Meesho • Kirana Club runs a digital platform for grocery retailers; Retail Pulse Labs operates a B2B marketplace connecting kirana retailers with FMCG brands, with FY26 turnover of ₹16.04 Cr • Retail Pulse Labs FY26 net loss at ₹1.60 Cr; Kirana Club FY26 turnover SGD 45,808 • Promoters Vidit Aatrey and Sanjeev Kumar are directors on the boards of both acquired entities

Meesho Ltd

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