Meesho Limited has informed stock exchanges about receiving a significant tax demand notice from the Income Tax Department, marking another regulatory challenge for the e-commerce platform. The company disclosed this development in compliance with SEBI Listing Regulations on March 06, 2026.

Tax Assessment Details

The Income Tax Department's Assessment Unit has issued an Assessment Order under Section 143(3) of the Income-tax Act, 1961, for Assessment Year 2023-24. Along with this order, the company received a Demand Notice under Section 156 of the same Act, both dated March 05, 2026.

The substantial demand of ₹1,499.74 crore includes applicable interest and stems from certain additions and adjustments made by the Income Tax Department to the income reported by Meesho.

Company's Response and Legal Position

Meesho has stated that it is currently evaluating the Assessment Order and does not agree with the observations and adjustments made by the tax authorities. The company believes it has adequate legal and factual grounds to contest the demand and is taking necessary steps to protect its interests.

The e-commerce platform emphasized that the Assessment Order and Demand Notice do not have any major adverse impact on the company's financial position, operations, or other activities.

Previous Similar Case

This is not the first such demand Meesho has faced from tax authorities. The company disclosed that a similar demand order was issued for the previous Assessment Year 2022-23, which was detailed in the prospectus filed on December 5, 2025. In that case, the High Court of Karnataka granted an interim stay on the demand notice through an order dated April 17, 2025, and the matter remains pending.

Regulatory Compliance

Meesho has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Regulations, providing detailed information about the tax demand in Annexure A of its communication to stock exchanges. The company has also made this information available on its investor website at investor.meesho.com/announcements.

The disclosure was signed by Rahul Bhardwaj, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed in communicating this material development to stakeholders.

Meesho Limited has notified stock exchanges about a regulatory update to its Corporate Identification Number (CIN) following its recent public listing. The e-commerce platform informed both the National Stock Exchange of India Limited (NSE) and BSE Limited about the change through an official communication dated February 17, 2026.

CIN Update Details

The Ministry of Corporate Affairs (MCA) has updated Meesho's corporate records following the company's stock exchange listing. The regulatory changes reflect the company's transition from private to public status.

Company Information

Meesho Limited, formerly known as Meesho Private Limited and Fashnear Technologies Private Limited, is registered with ROC Bangalore. The company's registered office is located at 3rd Floor, Wing-E, Helios Business Park, Kadubeesanahalli Village, Varthur Hobli, Outer Ring Road, Bengaluru, Karnataka 560103.

Current Corporate Structure

According to the MCA master data, Meesho maintains an active compliance status with significant capital structure. The company's financial position shows substantial authorized and paid-up capital reflecting its scale of operations.

Regulatory Compliance

The communication was signed by Rahul Bhardwaj, Company Secretary and Compliance Officer (Membership No.: A41649), ensuring proper regulatory compliance. The company has requested both stock exchanges to update their records with the new CIN and acknowledge the status change from unlisted to listed entity.

This administrative update represents the completion of regulatory formalities following Meesho's public listing, ensuring all corporate identification numbers and status indicators accurately reflect the company's current public company status across all regulatory platforms.