IndiaMART InterMESH Limited conducted two one-to-one meetings with institutional investors on July 31, 2026, confirming that no unpublished price-sensitive information (UPSI) was exchanged during the discussions. The disclosures were made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company engaged with Abakkus Asset Manager and Mount Intra Finance via video conference. These interactions are part of the firm's routine investor relations activities to keep stakeholders informed about business developments without disclosing material non-public data.

Meeting Details

The schedule for the investor interactions is outlined below:

Vasudha Bagri, Compliance Officer of IndiaMART InterMESH Limited, signed the disclosure filed with both BSE Limited and National Stock Exchange of India Limited. The filing ensures transparency regarding the timing and nature of communications with market participants.

Regulatory Compliance

Under SEBI LODR regulations, listed entities must disclose details of any meet or call with analysts or institutional investors if such interactions involve the discussion of unpublished price-sensitive information or if they exceed a certain threshold of participants. In this instance, the company explicitly stated that no UPSI was shared, which is a standard compliance affirmation for routine one-on-one investor updates.

Investor Resources

For further insights into the company's financial performance and strategic outlook, the latest Investor Presentation is available on the official website at https://investor.indiamart.com/FinancialResultsStatements.aspx . This resource provides comprehensive data for analysts and shareholders seeking detailed operational metrics beyond the scope of regulatory filings.

IndiaMART InterMESH Ltd has entered into an agreement to subscribe to 4,630 Compulsory Convertible Preference Shares (CCPS) of Fleetx Technologies Private Limited, marking a strategic expansion into the AI-driven logistics sector. The transaction, disclosed under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, involves a cash consideration of up to ₹64,98,76,060. This move aligns with the company’s long-term objective of offering various Software as a Service (SAAS) solutions for businesses, leveraging Fleetx’s capabilities in unifying data, IoT, and artificial intelligence to optimize physical operations.

The investment structure involves subscribing to CCPS with a face value of ₹10 per share at a premium of ₹1,40,352 per CCPS. Upon completion, IndiaMART’s aggregate shareholding in Fleetx will stand at 25.80% on a fully converted and diluted basis. Fleetx is classified as a related party, specifically an Associate Company, though the promoter group and other group companies of IndiaMART have no interest in this specific investment. The acquisition is expected to be completed within 30 days.

Fleetx Technologies, incorporated on July 24, 2017, operates as an AI-powered fleet and logistics optimization platform based in Gurugram. The company aims to digitize logistics, enhance efficiency, improve safety, and reduce operational costs for businesses. Financial data indicates consistent growth for Fleetx over the past three years, with turnover rising from ₹46.15 crore in FY23 to ₹77.80 crore in FY25.

Fleetx Financial Performance

What the Numbers Show

The financial trajectory of Fleetx demonstrates robust growth, with turnover increasing by approximately 68% from FY23 to FY25. This growth pattern suggests a strong market adoption of its SAAS solutions in the logistics sector. For IndiaMART, acquiring a significant stake in a high-growth associate company diversifies its revenue streams beyond its core B2B marketplace model. The substantial premium paid per CCPS (₹1,40,352 against a ₹10 face value) reflects the high valuation placed on Fleetx’s technology and future earnings potential, indicating that IndiaMART views this as a strategic asset rather than a purely financial investment.

No governmental or regulatory approvals are required for this acquisition. The compliance officer, Vasudha Bagri, signed the disclosure on July 27, 2026.