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Today's Brief/Wednesday, 22 July 2026/๐Ÿš€ Business & Startups
๐Ÿš€ Business & Startups๐Ÿ‡ฎ๐Ÿ‡ณ India

Proxy Firm Flags Meesho's GST Setup, Wants SEBI to Take a Look

mint - companiesยทWednesday, 22 July 2026
Proxy Firm Flags Meesho's GST Setup, Wants SEBI to Take a Look

Proxy advisory firm InGovern Research Services has raised a red flag over how Meesho's logistics arm handles GST, saying it derives a material benefit from its current tax treatment. The firm is asking SEBI, India's markets regulator, to scrutinize the arrangement. Meesho has pushed back, saying it is fully compliant with tax and disclosure laws.

Why It Matters

Meesho is one of India's biggest e-commerce platforms, used by millions of small sellers and buyers. A regulatory investigation could reshape how it operates.

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