Meesho Limited announced today, January 12, 2026, that its Board of Directors has approved the incorporation of a new Wholly Owned Subsidiary (WOS) under the Companies Act, 2013. The WOS will engage in the business of logistics services for the movement of goods, including handling and trans-shipment. The initial share capital for this subsidiary will be ₹1 Lakh, with Meesho Limited holding a 100% stake. The company also approved the appointment of M/s. BMP & Co. LLP as the Secretarial Auditors for a term of five years, commencing from FY 2025-26 to FY 2029-30, subject to shareholder approval. The Board also approved the issuance of a Postal Ballot Notice seeking shareholder approval for the ratification and amendment of the Meesho Limited Employee Stock Option Plan 2024, extending its benefits to subsidiary employees, and the appointment of BMP & Co. LLP as Secretarial Auditors. The board meeting commenced at 9:30 PM and concluded at 10:00 PM.