eCommerce
Meesho To Issue 411 Cr Bonus Shares Ahead of IPO
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SUMMARY
Shareholders of Meesho have approved a proposal to issue 411.4 Cr bonus shares ahead of the ecommerce major filing its DRHP with SEBI
The SoftBank-backed startup is said to be looking to raise nearly $1 Bn through its IPO by the end of 2025
Its rival Flipkart, which recently confirmed its plans for a reverse flip to India, is also gearing up for a public listing soon
SoftBank-backed Meesho’s shareholders have approved a proposal to issue 411.4 Cr bonus shares ahead of the ecommerce major filing its draft red…
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