Update hook not getting set up for Meilisearch

Hello. Has anyone tried using the Meilisearch plugin for Strapi?

I was able to set it up following the simple installation instructions and also get my records indexed. However, I’m not able to activate the Hooks, which will automatically update the Meilisearch index when new records are created.

Any hints on how to resolve this would be super helpful.

Could it be because of unmet peer dependencies? This is the list I got during installation.

Thank you.