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Meesho senior executive Megha Agarwal resigns
Megha Agarwal, general manager-business, Meesho has quit the ecommerce marketplace, according to a stock exchange filing.
Agarwal, who reported directly to founder and CEO Vidit Aatrey, had joined Meesho in 2019 and was elevated to lead the company's growth function in 2022. She took over the role of general manager-business in 2023 when Utkrishta Kumar quit from the position.
This is the first senior level departure from Meesho after its December listing.
As general manager-business, Agarwal led the category management function, and she was designated as a senior management personnel.
"...we wish to inform you that Ms. Megha Agarwal, general manager - business and a senior management personnel of Meesho Limited has on January 07, 2026 tendered her resignation from the services of the company," Meesho said in the exchange filing.
On Wednesday, Meesho's shares closed 5% down at Rs 173.20 on the BSE.
The Bengaluru-based company listed on December 10 after a Rs 5,421 crore initial public offering.
The company had reported operating revenues of Rs 5,577 crore in the first half of FY26, up from Rs 4,311 crore a year earlier. Its net loss during this period narrowed sharply to Rs 700 crore from Rs 2,512 crore. For FY25, its operating revenue was up 23% to Rs 9,390 crore. However, it posted a net loss of Rs 3,942 crore, mainly due to a one-off tax hit when shifting its corporate domicile from the US to India.
Source: EconomicTimes
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