Company updateCNBC-TV18
SVF II Meerkat likely to sell 1% Meesho stake
Positive+20
GreyOak summary
SoftBank affiliate SVF II Meerkat plans to sell a 1% stake in Meesho via a block deal worth ₹1,174 crore at ₹246.23 per share. Meesho reported a 23% rise in Net Merchandise Value to ₹12,911 crore and narrowed net losses by 68% in the quarter ended September 30, 2026.
What it affects
- MeeshoMEESHOPositive +20
Block deal sale of 1% stake at ₹246.Rolling sentiment Positive +49
Source
Read the original at CNBC-TV18More Meesho news
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