Meesho Limited announced the outcome of its Board Meeting held on January 12, 2026. The Board approved the incorporation of a new Wholly Owned Subsidiary (WOS) under the Companies Act, 2013. The WOS will primarily engage in the business of logistics services for goods movement, including loading, unloading, in-transit storage, handling, and trans-shipment through third-party providers.

The initial share capital for this new entity will be ₹1 Lakh, with Meesho Limited holding a 100% stake. The company is in the process of applying for the name with the Ministry of Corporate Affairs, and a separate disclosure will be made upon its incorporation.

Furthermore, the Board approved the appointment of M/s. BMP & Co. LLP as the Secretarial Auditors of Meesho Limited for a period of five consecutive years, commencing from FY 2025-26 to FY 2029-30. This appointment is subject to the approval of the shareholders.

The company also approved the issuance of a Postal Ballot Notice to seek shareholder approval for the ratification and amendment of the Meesho Limited Employee Stock Option Plan 2024 (ESOP 2024 Plan), extending its benefits to subsidiary employees, and the appointment of M/s. BMP & Co. LLP as Secretarial Auditors.