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.

Meesho Limited published its inaugural quarterly shareholder letter for Q3 FY26, marking its first financial disclosure as a publicly listed company. The e-commerce platform demonstrated strong operational momentum across key business metrics while maintaining its strategic focus on democratizing internet commerce for India.

Financial Performance Overview

Meesho reported mixed financial results for Q3 FY26, with revenue growing 31% year-on-year to ₹35.20 billion. However, the company's net loss widened significantly to ₹4.90 billion compared to ₹374 million in the corresponding quarter of the previous year. Despite the increased losses, the company maintained strong operational metrics and user growth.

Strong User and Transaction Growth

The company achieved significant growth in its core user metrics during Q3 FY26. Annual Transacting Users reached 251 million, representing a 34% year-on-year increase. The platform processed 690 million placed orders during the quarter, marking 35% YoY growth. User engagement also improved with frequency climbing to 9.78 transactions per consumer annually.

Meesho maintained its position as the most downloaded shopping app in India for Q3 FY26 according to Sensor Tower data. The company attributed improved user onboarding to AI-driven initiatives across platform recommendations and targeted marketing efforts.

NMV Growth and Festive Impact

Net Merchandise Value for Q3 FY26 reached ₹10,995 crores, growing 26% year-on-year. However, the company noted that festive season timing shifts affected quarterly comparisons, with Diwali occurring in mid-October versus early November in the previous year. When combining Q2 and Q3 FY26 to normalize for festive calendar shifts, NMV totaled ₹21,510 crores, representing 37% YoY growth on a like-to-like basis.

Logistics Network Expansion Impact

Contribution Margin declined to 2.3% of NMV in Q3 FY26, down 104 basis points quarter-on-quarter and 198 basis points year-on-year. The company attributed this decrease to accelerated Valmo logistics network scale-up following third-party logistics industry consolidation. The rapid expansion resulted in temporary inefficiencies including under-utilized routes, redundant nodes, and longer delivery distances, impacting margins by approximately 1.0 percentage point in Q3 FY26.

Meesho emphasized that these logistics costs represent temporary scale-up investments rather than structural inflation. The company expects margin recovery over the next two quarters as network optimization initiatives take effect, including shedding redundant nodes and refining delivery routes.

Seller Ecosystem and Technology Growth

The platform's seller base expanded significantly with Annual Transacting Sellers growing 81% year-on-year to 846k sellers. This growth resulted from seller-focused initiatives including faster onboarding processes and improved discovery mechanisms. Leading brands such as Dabur scaled their presence on Meesho Mall, bringing national brands at competitive prices to value-conscious customers across India.

Meesho continued deepening AI integration across its platform during Q3 FY26. The company reported that 63% of customer support queries are now handled end-to-end by AI systems with improved response quality. AI-based voice search capabilities were enhanced through new launches during the quarter, contributing to better new user conversions, particularly in regional language markets.

Cash Position and Strategic Outlook

The company maintained a strong cash balance of ₹7,277 crores as of December 31, 2025, including ₹4,088 crores raised through its Initial Public Offering in December FY26. Last Twelve Months Free Cash Flow to Equity stood at ₹437 crores, supported by the company's asset-light business model and negative working capital cycle.

Meesho outlined execution priorities for the next four quarters focusing on logistics cost recovery, platform growth expansion, and advertising monetization. The company expects significant improvement in Adjusted EBITDA margin over the next two quarters, returning to Q1 FY26 levels through logistics optimization and operating leverage on investments made during FY26.