FMR LLC acquires 2.26% stake in Meesho via open market

FMR LLC and its affiliated entities have increased their shareholding in meesho by acquiring 98,380,669 shares through open market transactions. The acquisition, which took place between 11 December 2025 and 18 June 2026, represents 2.26% of the company's total share capital. This strategic purchase adjusts the acquirer's position within the e-commerce platform's ownership structure, resulting in a post-acquisition holding of 4.04%.

The filing was submitted to the National Stock Exchange of India Ltd and BSE Ltd by Alina Yu, Regulatory Reporting Manager at FIL Technology (Dalian) Limited. The document confirms that FMR LLC and FIL Limited, along with their direct and indirect subsidiaries, do not belong to the promoter or promoter group of the target company. The total voting capital of Meesho before the transaction was 4,513,131,000 shares, which increased to 4,598,301,651 shares following the acquisition.

Breakdown of Holdings

The disclosure details the holdings across various funds managed by the acquirer. Prior to the acquisition, the entities held 284,310,115 shares, accounting for 6.30% of the voting capital. After the sale of the specified shares, the consolidated holding reduced to 185,929,446 shares. The transaction involved the disposal of shares carrying voting rights, while no warrants, convertible securities, or other instruments entitling the acquirer to voting rights were acquired or sold during this period.

Major Fund Holdings Post-Acquisition

Fund	Shares Held	% of Shares and Voting Rights Held
Fidelity Series Emerging Markets Opportunities Fund - Consumer Discretionary Sub	42,124,286	0.92
Fidelity Growth Company Commingled Pool	43,269,787	0.94
Fid FDI 25, LLC	33,305,674	0.72
Fid FDI 223, LLC	21,218,353	0.46
Fidelity Series Growth Company Fund	7,665,159	0.17
Fidelity Growth Company K6 Fund	9,282,542	0.20
VIP Growth Opportunities Portfolio	2,942,545	0.06
Fid FDI 2117, LLC	3,654,503	0.08
Fid FDI 312, LLC	4,777,845	0.10
Total	185,929,446	4.04

The regulatory filing was authorized under powers of attorney on behalf of FMR LLC and FIL Limited. The document specifies that the total share capital and voting capital figures are based on the latest filing by the company to the stock exchanges under Clause 35 of the Listing Agreement.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.16%	+13.76%	-1.07%	-1.44%	+14.18%	+14.18%

Meesho is set to witness a notable inflow as part of the FTSE Index rebalancing exercise scheduled for today at 3pm. As per the index rejig, the stock is expected to see an addition of $49M (Rs 4.62B), reflecting its inclusion or increased weightage in the FTSE Index.

FTSE Index Rejig: Key Details

The FTSE Index rebalancing is a periodic exercise that results in adjustments to constituent stocks and their respective weightages. Such events typically trigger passive fund flows as index-tracking funds and exchange-traded funds (ETFs) realign their portfolios to mirror the updated index composition. The following table summarises the key parameters of this development:

Parameter:	Details
Event:	FTSE Index Rebalancing
Scheduled Time:	3pm (Today)
Expected Addition:	$49M (Rs 4.62B)

Implications of Index Inclusion

Index rebalancing events are closely monitored by institutional investors and market participants, as they often lead to concentrated buying or selling activity in the affected stocks around the time of execution. The addition of $49M (Rs 4.62B) into Meesho's stock is driven by passive flows from funds that track the FTSE Index. Such inflows are executed at or around the scheduled rebalancing time, which in this case is 3pm today, and are not reflective of discretionary investment decisions by active fund managers.