Meesho Ltd

ESOP grant details

• NRC approved grant of 20,857 stock options to eligible employees under ESOP 2024 Plan.
• Each option converts into 49 equity shares of Re 1; total 1,021,993 shares.
• Exercise price is Re 1 per option.
• Options exercisable after vesting; six-month window for exercising vested options after cessation.
• Plan complies with SEBI SBEB Regulations, 2021.
• Terms cover death, permanent incapacity, resignation, retirement; shares are not subject to lock-in.

Share Allotment

• NRC approved allotment of 12,28,752 shares on ESOP 2024 exercise; paid-up capital increased to Rs 4,62,85,20,929.

Meeting Details

• Dates: Sep 28, 29, 30, 2026; in-person meetings with institutional investors.
• Type/Mode: Multiple one-on-one and group meetings; in-person.
• Event/Organizer: Non-Deal Roadshows with Institutional Investors.
• Times: not disclosed.

Participants

• Company participants: Company Secretary and Compliance Officer.

Purpose

• Purpose: Investor meetings to discuss publicly available information with institutional investors.

Additional Notes

• Presentations will be available on the company's investor website.

ESOP Allotment Update

• Nomination and Remuneration Committee approved allotment of 10,71,542 ESOP shares; capital increased to Rs 4,62,72,92,177.
• Shares rank pari-passu with existing equity shares.

Meeting Details

• Date: Monday, September 21, 2026.
• Time: Not disclosed.
• Type/Mode: One-on-one and group meetings; In-person.
• Event: Investors/Analysts meeting with institutional investors.
• Organizer: Meesho Limited.

Participants

• Key company participant: Company Secretary and Compliance Officer.

Purpose

• Purpose: One-on-one and group meetings with institutional investors.
• Discussions will be based on publicly available information.

Additional Notes

• Information will be available on the investor relations site.

AGM details

• Date: 18 September 2026; Time: 12:00 IST; Mode: VC/OAVM; Record date: 11 September 2026.

Key resolutions and outcomes

• Resolution 1 (Ordinary): Adoption of financial statements; passed.
• Resolution 2 (Ordinary): Re-appointment of Mukul Arora as Director; passed.
• Resolution 3 (Special): Alteration of Articles of Association; passed.

Director changes

• Re-appointment of Mukul Arora as Director; term not specified.

Other material approvals

• Alteration of Articles of Association approved (special resolution).

Voting highlights

• Resolution 1 in-favour ~91% of votes polled; Resolution 2 ~94%; Resolution 3 ~95%.

AGM Details

• Held Sep 18, 2026, 12:00 IST, via VC/OAVM.

Resolutions

• Adoption of audited standalone and consolidated financial statements for FY26 (Ordinary).
• Re-appointment of Mukul Arora by rotation (Ordinary).
• Alteration of the Articles of Association (Special).

Voting Results

• Adoption of financials: voting outcome not disclosed.
• Re-appointment of Mukul Arora: voting outcome not disclosed.
• Alteration of AoA: voting outcome not disclosed.

Director Changes

• Mukul Arora re-appointed by rotation.

Meesho Limited: Trading Window closed from September 16, 2026 until 48 hours after the declaration of unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2026

Key governance changes

• Corrigendum to AGM Notice updates Article 122 of AoA.
• Founders Vidit Aatrey and Sanjeev Kumar gain nomination rights.
• Rights apply while founders hold at least 3% equity or 75,62,14,937 shares.
• Lenders' nomination rights repositioned and significant investor nomination right removed.
• Rights expire every five years and require shareholder revalidation via Special Resolution.
• Nominees must pass Fit and Proper checks by NRC and retire by rotation if lender-nominated.
• Explanatory statement and revised Special Resolution proposed; approvals needed from shareholders.
• Corrigendum forms part of AGM Notice and will be published on company and exchange sites.
• Background: pre-IPO SHA terminated on listing, prompting new governance framework.
• Board recommends Special Resolution to amend Article 122.