Meesho Limited has announced the incorporation of its wholly-owned subsidiary, Valmo Transportation Private Limited, on January 28, 2026. This subsidiary, with an authorized capital of ₹15 crore and a paid-up share capital of ₹1 lakh, will operate in the logistics service sector. The main objects of Valmo include engaging in the business of logistics services for the movement of goods, encompassing loading, unloading, in-transit storage, handling, and trans-shipment of goods. These activities are intended to support transportation services. Valmo Transportation Private Limited has been incorporated as a Wholly-Owned Subsidiary (WOS) of Meesho Limited, which means any future transactions between the two entities will be considered related party transactions. Notably, Mr. Vidit Aatrey, Promoter & Executive Chairman of Meesho Limited, and Mr. Sanjeev Kumar, Promoter & Whole-time Director, are also directors of the newly incorporated subsidiary. Valmo is yet to commence business operations, and thus, its size and turnover are not applicable at this stage. The incorporation was approved by the Ministry of Corporate Affairs and is in line with SEBI Listing Regulations.
