Fidelity exits Rs 988 Cr Meesho stake in post-lockup block deal
Fidelity Investments offloaded 5.98 crore Meesho shares (1.31% stake) at Rs 165.2 per share through a block deal following lock-in expiry. The exit comes as Meesho posts Rs 3,531 Cr Q4FY26 revenue (+47% YoY) with losses narrowing 88%, against a Rs 77,090 Cr market cap.
Fidelity sold Rs 988 crore worth of Meesho shares (1.31% stake) via block deal post lock-in expiry. Meesho's Q4FY26 revenue grew 47% YoY to Rs 3,531 crore with losses narrowing 88%.
Also reported by
- Entrackr — Same time