Meesho Limited announced key corporate governance and expansion decisions following its board meeting held on January 12, 2026. The e-commerce platform's board approved the incorporation of a new wholly owned subsidiary, appointment of secretarial auditors, and issuance of a postal ballot notice for shareholder approvals.

Logistics Subsidiary Incorporation

The board approved the incorporation of a new wholly owned subsidiary under the Companies Act, 2013, focused on logistics services. The subsidiary will engage in commercial logistics operations for goods movement, including loading, unloading, in-transit storage, handling, and trans-shipment services through third-party providers.

The company is currently processing the name application with the Ministry of Corporate Affairs and will make a separate disclosure once the entity name is finalized.

Secretarial Auditor Appointment

Based on the Audit Committee's recommendation, the board approved appointing M/s. BMP & Co. LLP as the company's secretarial auditors, subject to shareholder approval. BMP is a well-established firm of practicing company secretaries with offices in Bengaluru, Mumbai, and Delhi NCR.

Founded in 2017, BMP comprises five partners and over 60 employees, specializing in corporate secretarial services, SEBI compliances, IPOs, FDI/ODI under FEMA, mergers and amalgamations, and fund raise compliance. The firm serves listed corporates, multinational companies, start-ups, and venture capital firms across diverse sectors.

Postal Ballot Notice Approval

The board approved issuing a postal ballot notice seeking shareholder approval for three key matters:

• Ratification and amendment of Meesho Limited Employee Stock Option Plan 2024 (ESOP 2024 Plan)
• Ratification of extending ESOP 2024 Plan benefits to subsidiary employees
• Appointment of M/s. BMP & Co. LLP as secretarial auditors

The postal ballot notice and related information will be published and communicated in due course. The board meeting commenced at 9:30 PM and concluded at 10:00 PM on January 12, 2026.

Corporate Compliance

All disclosures comply with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The information will be made available on the company's website at www.meesho.com .

Meesho Limited announced significant corporate developments following its Board of Directors meeting held on January 12, 2026. The e-commerce platform's board approved the incorporation of a new wholly owned subsidiary, appointed secretarial auditors, and authorized a postal ballot for shareholder approvals on key matters.

Logistics Subsidiary Incorporation

The board approved the establishment of a new wholly owned subsidiary under the Companies Act, 2013, focused on logistics services. The subsidiary will engage in commercial logistics operations for goods movement, including activities related to loading, unloading, in-transit storage, handling, and trans-shipment through third-party service providers.

The company is currently processing the name application with the Ministry of Corporate Affairs, with a separate disclosure planned once the entity name is finalized.

Secretarial Auditor Appointment

Based on the Audit Committee's recommendation, the board appointed M/s. BMP & Co. LLP as the company's secretarial auditors. BMP is an established firm of practicing company secretaries with offices in Bengaluru, Mumbai, and Delhi NCR, founded in 2017 with five partners and over 60 employees.

BMP specializes in comprehensive corporate law consulting and advisory services, including secretarial audits, SEBI compliance, IPO services, FDI and ODI under FEMA, mergers and amalgamations, and fund raise compliance. The firm serves diverse clients including listed corporates, multinational companies, start-ups, and venture capital firms.

Postal Ballot Authorization

The board approved issuing a postal ballot notice seeking shareholder approval for three key matters:

• ESOP Plan Amendment: Ratification and amendment of Meesho Limited Employee Stock Option Plan 2024
• Subsidiary Benefits Extension: Ratification of extending ESOP 2024 Plan benefits to subsidiary employees
• Auditor Confirmation: Appointment of M/s. BMP & Co. LLP as secretarial auditors

The postal ballot notice and related information will be published and communicated to shareholders in due course.

Meeting Details and Compliance

The board meeting commenced at 9:30 PM and concluded at 10:00 PM on January 12, 2026. All disclosures were made pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring full regulatory compliance.

The company secretary Rahul Bhardwaj (Membership No. A41649) signed the disclosure documents, with detailed annexures providing comprehensive information about the subsidiary incorporation and auditor appointment as required under SEBI regulations.