Meesho: Intimation of completion of the first and second tranche of acquisition of shares of Kirana Club Pte. Ltd.…
Meesho (MEESHO) filed a disclosure titled "Intimation of completion of the first and second tranche of acquisition of shares of Kirana Club Pte. The company is valued at about ₹1.08 lakh crore.
What happened
Meesho (MEESHO) filed a disclosure with the exchanges on 7 November 2026 at 05:28 PM titled "Intimation of completion of the first and second tranche of acquisition of shares of Kirana Club Pte. Ltd. and capital of its subsidiary Retail Pulse Labs Private Limited…".
How big is it?
At ₹187 crore, the deal is equal to about 0.2% of the company's market value of ₹1.08 lakh crore.
Company snapshot
Meesho is a large-cap company in the Consumer Services sector, with a market value of about ₹1.08 lakh crore.
The stock last traded at ₹233.5, against a 52-week range of ₹125.6–₹254.4 (8.2% below the high).
Before this filing the shares had moved −2.0% over the month and +22.0% over three months. Average daily turnover over the last 20 sessions was about ₹374 crore.
Promoters held 16.34% at the end of Q2 FY27, down 0.07% points from the previous quarter. Foreign institutions owned 9.83% and domestic institutions 13.66%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q3 FY26 | 3,518 | -490.7 | -1.14 |
| Q4 FY26 | 3,531 | -166.3 | -0.36 |
| Q1 FY27 | 3,713 | -132.8 | -0.28 |
| Q2 FY27 | 4,132 | -132.4 | -0.28 |
What history shows
BCEIE's records show 5 previous m&a filings from the company since May 2026.
After those filings, the stock fell 3.0% on average the next trading day and was down 2.6% on average after five days (3 filings with price data).
Across 94 similar disclosures by other Consumer Services companies, shares moved −0.2% on average the next day and −0.0% over five days; 48% of them rose the next day.
Market-wide, 2,364 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 6 Oct 2026 | M&A | −2.5% | −4.1% |
| 4 Aug 2026 | Updates on Acquisition. | −3.0% | +0.0% |
| 23 Jul 2026 | M&A | −3.6% | −3.6% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Meesho shares slip 0.5% post-results; analysts split on valuation
- Meesho shares gain 2% as Q2 loss narrows, CM expands; brokerages upbeat
- Meesho Q2 net loss narrows 68% YoY to Rs 132 crore
- Meesho Ltd (NSE:MEESHO) (Q2 2027) Earnings Call Highlights: 6% Contribution Margin, Logistics ...
- Meesho Q2: Loss Narrows 68% YoY To ₹132 Cr, Revenue Jumps 34% YoY
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.