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Block deal alert: Meesho shares in focus as Peak XV, Elevation Capital eye Rs 1,900 crore stake sale

Peak XV and Elevation Capital plan to sell a 2.3 per cent stake in Meesho via Rs 1,900 crore block deals. This follows Meesho narrowing its Q1 net loss to Rs 133 crore, while brokerages like Citi and Morgan Stanley remain divided on near-term growth dynamics.

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Economic TimesLean R·2h ago
Block deal alert: Meesho shares in focus as Peak XV, Elevation Capital eye Rs 1,900 crore stake sale
Peak XV and Elevation Capital plan to sell a 2.3 per cent stake in Meesho via Rs 1,900 crore block deals. This follows Meesho narrowing its Q1 net loss to Rs 133 crore, while brokerages like Citi and Morgan Stanley remain divided on near-term growth dynamics.
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Block deal alert: Meesho shares in focus as Peak XV, Elevation Capital eye Rs 1,900 crore stake sale

How 1 sources are covering this

Block deal alert: Meesho shares in focus as Peak XV, Elevation Capital eye Rs 1,900 crore stake sale

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