Mumbai, January 8, 2026: Meesho Limited (BSE: 544632, NSE: MEESHO) shares came under sharp selling pressure on Thursday morning, falling 5 percent to ₹164.48 in early trade, as investors reacted to back-to-back senior management changes disclosed by the company.
The stock opened lower at ₹172 and failed to recover through the session, touching an intraday high of ₹172 before sliding to the day’s low of ₹164.48. The decline wiped out ₹8.65 per share from the previous close of ₹173.13. Volume-weighted average price during the session stood at ₹165.51, indicating sustained selling across levels.
Senior Management Reshuffle in Focus
The selling pressure followed disclosures made late on January 7 confirming changes within Meesho’s senior management team. The company announced that Milan Partani, previously serving as General Manager – User Growth and Content Commerce, has assumed a new role as General Manager – Commerce Platform, while continuing as part of the senior management personnel. The role transition took effect from January 7, 2026 .Separately, Meesho also confirmed that Megha Agarwal, General Manager – Business and a senior management personnel, tendered her resignation from the company on January 7, 2026. The resignation marks an exit at a leadership level, adding to near-term uncertainty around execution continuity .
Order Book Signals Heavy Sell-Side Pressure
Intraday order book data reflected overwhelming sell interest, with sell quantities dominating the tape and limited buy depth visible near the ₹164–165 range. Market participants noted that such imbalance often indicates short-term risk aversion, particularly when accompanied by management exits.Stock Performance Snapshot (Intraday)
| Particulars | Details |
|---|---|
| Previous Close | ₹173.13 |
| Open | ₹172.00 |
| Intraday High | ₹172.00 |
| Intraday Low | ₹164.48 |
| Current Price | ₹164.48 |
| Change | -₹8.65 (-5.00%) |
| VWAP | ₹165.51 |
About the Company
Meesho Limited is an India-based e-commerce and social commerce platform focused on enabling small businesses and entrepreneurs to sell online. The company is listed on both BSE and NSE and operates across categories such as fashion, lifestyle, home, and consumer essentials.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.