Meesho Limited (MEESHO) — FY26 Annual Report | 24 August 2026(2 announcements)

Meesho Limited announced its 11th Annual General Meeting (AGM) scheduled for September 18, 2026, via video conferencing, and provided the FY2025-26 Annual Report detailing its business model, growth metrics, and strategic initiatives. The filing highlights a 33% YoY increase in Annual Transacting Users to 264 million, 38.6% YoY growth in Marketplace NMV to ₹41,560 Cr, and 87% growth in active sellers to 961,000. Despite strong revenue growth of 34.5% to ₹126,263.48 million, the company reported a net loss of ₹13,577.38 million due to strategic investments in AI, logistics, and user acquisition. Key AI initiatives include Vaani voice AI, PRISM recommendations, and BharatML Stack, while financials show a current ratio of 1.55 and ₹6,750 Cr cash balance. The filing also details governance changes, including a scheme of arrangement restructuring subsidiaries and share capital, and confirms compliance with SEBI regulations and ESG reporting frameworks.

Meesho Limited, listed on NSE and BSE since December 10, 2025, released its first Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 alongside its Annual Report. The report, prepared under SEBI's Regulation 34(2)(f), details the company's ESG framework across 9 principles, covering governance, sustainability, employee welfare, human rights, and stakeholder engagement. As a newly listed entity, it is Meesho's inaugural BRSR filing with no prior year comparisons. Key disclosures include material risks like cybersecurity threats and governance challenges, opportunities in sustainable logistics, and initiatives like EV adoption and waste management. The report confirms no CSR spending under Section 135 but voluntary CSR activities via Sambhav Foundation. Independent assurance by BDO India was provided for the BRSR Core Indicators.