Routine Neutral

2026-05-23 14:31

New Filing detected. See link for details.

Business Update Neutral

2026-05-20 18:29

CRITICAL RED FLAG DETECTED

Management guided for FY27 consolidated revenue growth of approximately 40% and stand-alone growth of 25-30%, representing a moderation from FY26. While long-term EBITDA margin guidance of 14-15% over five years remains, specific FY27 guidance is pending the full integration of the DICE acquisition. The company is actively focused on improving its current negative operating cash flow of INR6 crores to a positive position. Growth drivers include strategic AI integration, successful acquisitions like DICE (asset purchase for INR68 Cr, an optimized valuation from INR123 Cr), cross-selling initiatives, and international expansion into UAE and the US. The US expansion timeline has been delayed to FY-end 2027 from June 2026 due to global volatility. Mr. Aditya Kumar Grandhi resigned as CFO, and Mr. Rajesh Tummalaganti was appointed Interim CFO. Propel margins declined to 4% but are expected to recover to 5.5% in the coming years.

Business Update Positive

2026-05-15 15:04

Zaggle Prepaid Ocean Services Limited entered into an agreement with Bikaji Foods International Limited to provide its 'Zaggle Save' employee expense management and benefits platform for a period of 1 year. The order value is variable, based on active users and program fees, and is not ascertainable at this stage.

Business Update Neutral

2026-05-13 20:02

Zaggle Prepaid Ocean Services Limited informed the stock exchanges about the upload of the audio recording of its earnings call, held on May 13, 2026, to discuss the Q4 FY26 financial performance. The recording is available on the company's website.

Governance Neutral

2026-05-13 17:41

Zaggle Prepaid Ocean Services Limited's Board of Directors, at its meeting on May 13, 2026, approved the appointment of M/s. R Y M AND CO LLP, Chartered Accountants, as the Internal Auditor for the financial year 2026-27.

Governance Positive

2026-05-13 17:32

Zaggle Prepaid Ocean Services Limited announced the appointment of Mr. Venkatesh Ramachandran as Group Chief Financial Officer (KMP) with effect from May 18, 2026. Concurrently, Mr. Rajesh Tummalaganti will cease to be Interim CFO from May 17, 2026, and will continue as Deputy Chief Financial Officer. Mr. Ramachandran brings over 27 years of experience across various industries.

Governance Positive

2026-05-13 17:28

Zaggle Prepaid Ocean Services Limited announced the appointment of Mr. Venkatesh Ramachandran as Group Chief Financial Officer (KMP) effective May 18, 2026. Concurrently, Mr. Rajesh Tummalaganti ceased to be the Interim CFO from May 17, 2026, and will continue as Deputy Chief Financial Officer. Mr. Ramachandran brings over 27 years of experience across various industries, strengthening the management team.

Governance Positive

2026-05-13 17:26

Zaggle Prepaid Ocean Services Limited announced the appointment of Mr. Venkatesh Ramachandran as Group Chief Financial Officer (KMP) effective May 18, 2026. Concurrently, Mr. Rajesh Tummalaganti will cease to be the interim CFO from May 17, 2026, but will continue as Deputy Chief Financial Officer. Mr. Ramachandran brings over 27 years of extensive experience in finance and management across diverse industries.

Financials Positive

2026-05-13 17:04

Consolidated Revenue ₹617.92Cr vs ₹412.11Cr (▲49.9% YoY), Adjusted EBITDA ₹60.46Cr vs ₹37.23Cr (▲62.4% YoY), PAT ₹40.60Cr vs ₹31.13Cr (▲30.4% YoY). Adjusted EBITDA Margin 9.8% vs 9.0% (▲80bps).

Business Update Positive

2026-05-13 16:36

Zaggle Prepaid Ocean Services Limited has informed that it entered into Asset Purchase Agreement - Contracts, Intellectual Property Assignment Agreement, and Asset Purchase Agreement – Software with Dice Enterprises Private Limited on May 13, 2026. This filing provides an update on the previously intimated acquisition.

Financials Positive

2026-05-13 16:25

Consolidated Revenue ₹617.92 Cr vs ₹412.11 Cr (▲50.00% YoY), EBITDA ₹60.21 Cr vs ₹35.95 Cr (▲67.50% YoY), PAT ₹40.60 Cr vs ₹31.13 Cr (▲30.44% YoY). EBITDA Margin 9.74% vs 8.72% (▲102bps).

Business Update Neutral

2026-05-10 22:10

Zaggle Prepaid Ocean Services Limited announced an Earnings Conference Call on May 13, 2026, at 5:30 PM (IST) to discuss the company's operational and financial performance for the quarter and financial year ended March 31, 2026. Key management personnel, including the Executive Chairman, MD & CEO, and Interim CFO, will participate.

Business Update Positive

2026-05-08 22:51

Zaggle Prepaid Ocean Services Limited (Zaggle) has announced the execution of an Amendment Agreement to its Customer Service Agreement with Honasa Consumer Limited, originally entered on February 24, 2025. As per the amendment dated May 08, 2026, Zaggle will provide additional features in the existing Zaggle Zoyer Platform to Honasa Consumer Limited.

Business Update Positive

2026-05-08 14:26

Zaggle Prepaid Ocean Services Limited announced a modification to its acquisition of Dice Enterprises Private Limited. Instead of acquiring the entire shareholding, Zaggle will purchase specific assets (Software, IP, Domain Names) in the Spend Management space for approximately Rs. 67.9 Crores in cash. Dice reported a turnover of Rs. 10.85 Crores for FY2024-25. This acquisition is expected to expand Zaggle's AI-enabled product offerings, customer base, and market reach, with completion within 120 days.

Business Update Positive

2026-05-08 14:23

Zaggle Prepaid Ocean Services Limited announced the modification of its acquisition deal for Dice Enterprises Private Limited. Instead of acquiring the entire shareholding, Zaggle will now purchase assets including Software, Databases, IP, and Domain Names related to spend management for approximately Rs. 67.9 Crores in cash. This acquisition aims to expand Zaggle's AI-enabled product offerings, gain access to Dice's customer base, and grow its presence in India and globally. Dice reported a turnover of Rs. 10.85 Crores for FY 2024-25. The transaction is expected to be completed within 120 days.

Governance Positive

2026-05-06 22:31

Zaggle Prepaid Ocean Services Limited announced the reappointment of Mr. Avinash Ramesh Godkhindi as Managing Director and Chief Executive Officer for a two-year term, effective from May 07, 2026, to May 06, 2028. The shareholders approved the reappointment via postal ballot, following recommendations from the Audit and Nomination & Remuneration Committees and Board approval.

Governance Positive

2026-05-06 15:58

Zaggle Prepaid Ocean Services Limited announced the voting results of its Postal Ballot. The resolution for the re-appointment of Mr. Avinash Ramesh Godkhindi (DIN: 05250791) as Managing Director and Chief Executive Officer of the Company was duly approved by the members with an overwhelming majority, receiving 99.9964% of votes in favour.

Business Update Positive

2026-05-06 15:41

Zaggle Prepaid Ocean Services Limited has entered into an agreement with The Supreme Industries Limited. Under this agreement, Zaggle will provide its Propel reward platform, focusing on channel rewards and recognition, for a period of 3 years.

Routine Neutral

2026-04-17 12:10

New Filing detected. See link for details.

Routine Neutral

2026-04-14 17:29

Zaggle Prepaid Ocean Services Limited submitted a certificate from its Registrar and Share Transfer Agent, KFin Technologies Limited, under Regulation 74(5) for the quarter ended March 31, 2026. The certificate confirms that details of dematerialized/rematerialized securities have been furnished to stock exchanges.

Business Update Positive

2026-04-11 12:50

Zaggle Prepaid Ocean Services Limited has entered into a 2-year agreement with Generali Central Insurance Company Limited (formerly Future Generali India Insurance Company Limited) to provide its Zaggle Zoyer Platform.

Governance Neutral

2026-04-04 17:50

Zaggle Prepaid Ocean Services Limited is conducting a postal ballot for the re-appointment of Mr. Avinash Ramesh Godkhindi as MD & CEO for two years, from May 07, 2026, to May 06, 2028. E-voting starts April 05, 2026, and ends May 04, 2026. Results will be declared by May 06, 2026.

Governance Positive

2026-04-03 21:29

Zaggle Prepaid Ocean Services Limited announced the voting results for its postal ballot held from March 03 to April 01, 2026. Members approved resolutions for extending benefits and granting employee stock options under the Zaggle Employee Stock Option Scheme 2022 to employees of its subsidiaries and associate companies with 89.51% votes in favour.

Governance Negative

2026-04-03 20:47

CRITICAL RED FLAG DETECTED

Chief Financial Officer Mr. Venkata Aditya Kumar Grandhi resigned effective April 3, 2026, for personal reasons. Mr. Rajesh Tummalaganti has been appointed as the Interim Chief Financial Officer (KMP and Senior Management) with effect from April 4, 2026.

Business Update Neutral

2026-04-03 20:20

Zaggle's Board, on April 3, 2026, decided not to proceed with the proposed acquisition of 51% stake in Effiasoft Private Limited. This decision followed a reassessment of the strategic need for the acquisition.

Governance Negative

2026-04-03 20:10

CRITICAL RED FLAG DETECTED

The company announced the resignation of Mr. Venkata Aditya Kumar Grandhi as Chief Financial Officer (KMP) effective April 03, 2026. Mr. Rajesh Tummalaganti has been appointed as Interim Chief Financial Officer (KMP) with effect from April 04, 2026, until a new CFO is appointed.

Governance Negative

2026-04-03 20:09

CRITICAL RED FLAG DETECTED

Mr. Venkata Aditya Kumar Grandhi resigned as Chief Financial Officer (KMP) effective April 03, 2026. Mr. Rajesh Tummalaganti has been appointed as the Interim Chief Financial Officer (KMP) with effect from April 04, 2026, until a new CFO is appointed by the Board.

Business Update Positive

2026-04-02 16:07

Zaggle Prepaid Ocean Services Limited invested ₹49.99 Crore in Rivpe Technology Private Limited (RTPL) by way of rights issue for 3,42,147 equity shares. RTPL will continue to be a wholly-owned subsidiary of the company.

Routine Neutral

2026-04-01 09:14

New Filing detected. See link for details.

Routine Neutral

2026-04-01 08:55

New Filing detected. See link for details.

Business Update Positive

2026-03-31 22:28

Zaggle Prepaid Ocean Services Limited has entered into a 5-year agreement with Fanuc India Private Limited. Zaggle will provide its 'Zaggle Save' (Employee Expense Management & Benefits) services to Fanuc India Private Limited.

Business Update Positive

2026-03-31 15:25

Zaggle Prepaid Ocean Services Limited acquired 100% equity stake (67,813 shares) in Rivpe Technology Private Limited, making it a wholly owned subsidiary effective March 30, 2026. Omnicash Fintech also became a step-down subsidiary.

Business Update Positive

2026-03-30 22:16

Zaggle Prepaid Ocean Services Limited has been recognized as one of 'India's Leading ESG Entities' in Dun & Bradstreet's report titled 'ESG Horizons: Now and Next 2026'. This recognition highlights the company's strong ESG performance.

Governance Negative

2026-03-26 21:46

CRITICAL RED FLAG DETECTED

Zaggle Prepaid Ocean Services received a Notice of Demand under Income Tax Act for AY 2024-25, seeking ₹6.6 Cr from the Assessment Unit. The company will appeal against the demand, stating it is based on ad-hoc additions, has no material financial impact, and expects a favorable outcome.

Routine Neutral

2026-03-25 15:14

Zaggle Prepaid Ocean Services Limited announced the closure of its trading window for designated persons from April 01, 2026, until 48 hours after the declaration of standalone and consolidated audited financial results for the quarter and year ending March 31, 2026.

Business Update Positive

2026-03-10 08:37

Zaggle Prepaid Ocean Services Limited has entered into an agreement with CNH Industrial (India) Private Limited to provide its Zaggle Propel reward platform for 3 years, effective March 10, 2026.

Business Update Positive

2026-03-05 16:55

Zaggle Prepaid Ocean Services Limited has entered into an agreement with Blue Star Limited to provide its 'Zaggle Save' Employee Expense Management & Benefits platform. This domestic agreement is for a period of 3 years.

Business Update Positive

2026-03-05 16:39

CARE Ratings Limited has reaffirmed the 'Care A-; Stable' rating for Zaggle Prepaid Ocean Services Limited's long-term bank facilities of ₹100 crore. The outlook remains stable, reflecting the company's strong operational growth and improved financial risk profile, including significantly improved gearing and interest coverage.

Business Update Neutral

2026-03-03 18:09

Zaggle Prepaid Ocean Services Limited announced a schedule of analyst/institutional investor meetings with Investec on March 09, 2026, in Mumbai. The meetings will be physical 1x1/group discussions, and no unpublished price sensitive information (UPSI) will be discussed.

Governance Positive

2026-03-02 22:33

Zaggle Prepaid Ocean Services Limited announced a Postal Ballot Notice to seek shareholder approval for extending the benefits of the Zaggle Employee Stock Option Scheme 2022 to employees of its subsidiary and associate companies. E-voting will be from March 3, 2026, to April 1, 2026, with results by April 3, 2026.

Business Update Positive

2026-02-26 22:15

Zaggle Prepaid Ocean Services Limited has signed a one-year agreement with Chennai Super Kings Cricket Limited to offer its corporate expense cards to CSK's employees and associates. This represents a new client contract for Zaggle.

Business Update Positive

2026-02-26 22:14

Zaggle Prepaid Ocean Services Limited has entered into a 5-year agreement with Saurashtra Cement Limited to provide its 'Zaggle Save' (Employee Expense Management & Benefits) platform. This marks a new business engagement for Zaggle.

Business Update Positive

2026-02-26 22:14

Zaggle Prepaid Ocean Services Limited has entered into an agreement with Superking Ventures Private Limited to offer its Corporate Expense cards to their employees and associates for one year, securing a new client contract.

Business Update Positive

2026-02-26 12:18

Zaggle Prepaid Ocean Services Limited announced the incorporation of Zaggle Payments IFSC Limited as a wholly owned subsidiary in GIFT City, Gujarat. The Certificate of Incorporation was received from Ministry of Corporate Affairs on February 25, 2026.

Financials Positive

2026-02-19 21:33

Consolidated Revenue ₹498Cr vs ₹336.5Cr (▲48% YoY), EBITDA ₹51Cr vs ₹31.3Cr (▲63% YoY), PAT ₹36Cr vs ₹20.2Cr (▲78% YoY) for Q3 FY26 compared to Q3 FY25. EBITDA Margin 10.24% vs 9.30% (▲94bps).

Routine Negative

2026-02-13 16:29

CRITICAL RED FLAG DETECTED

Zaggle Prepaid Ocean Services Limited filed its Monitoring Agency Report for Q3 FY26 (ended Dec 31, 2025). The report by CARE Ratings noted delays in the utilization of IPO proceeds compared to the timeline disclosed in the offer document, although the funds are being used for the stated objects.

Routine Neutral

2026-02-12 21:56

New Filing detected. See link for details.

Business Update Positive

2026-02-12 19:47

Zaggle Prepaid Ocean Services Limited announced on February 12, 2026, the receipt of the 'Best Payment Fintech 1st & 2nd Runner Up Award' at Bharat Fintech Summit'26, recognizing its excellence in the fintech sector.

Financials Neutral

2026-02-12 18:34

Zaggle Prepaid resubmitted Consolidated Un-audited Financial Results for Q3 FY26 (ended Dec 31, 2025) due to a minor typographical error. Revenue line items were reclassified, but total revenue from customers remains materially unchanged.

Governance Positive

2026-02-12 17:52

The Board of Directors, at its meeting on February 12, 2026, approved the allotment of 6,478 equity shares of face value INR 1/- each to eligible employees under the Zaggle Employee Stock Option Scheme 2022. This increases the company's paid-up equity share capital from INR 13,44,51,967 to INR 13,44,58,445.

Financials Positive

2026-02-12 16:51

For Q3 FY26 (ended Dec 31, 2025), Revenue was ₹497.6 Cr (▲47.9% YoY), PAT was ₹36 Cr (▲77.7% YoY), and adjusted EBITDA was ₹51.3 Cr, achieving a 10.31% margin. The company reported its best quarterly performance.

Financials Positive

2026-02-12 16:42

Revenue from operations ₹497.63Cr vs ₹336.44Cr (▲47.9% YoY), Adjusted EBITDA ₹51.26Cr vs ₹31.46Cr (▲62.9% YoY), PAT ₹35.97Cr vs ₹20.24Cr (▲77.7% YoY). Adjusted EBITDA Margin 10.3% vs 9.4% (▲90bps).

Financials Positive

2026-02-12 16:21

Consolidated Revenue ₹534.21Cr vs ₹340.41Cr (▲56.9% YoY), EBITDA ₹52.20Cr vs ₹28.96Cr (▲80.3% YoY), PAT ₹37.06Cr vs ₹19.74Cr (▲87.7% YoY). EBITDA Margin 9.8% vs 8.5% (▲130bps).

Business Update Positive

2026-02-12 13:33

Zaggle Prepaid Ocean Services Limited approved granting 1,27,623 stock options to eligible employees under the Zaggle ESOP 2022 scheme on February 12, 2026. The exercise price for each option is ₹223/-, determined with a 25% discount to the closing market price prior to the meeting.

Business Update Positive

2026-02-12 10:04

Zaggle Prepaid Ocean Services Limited has entered into a domestic agreement with Rebel Foods Private Limited to provide its Zaggle Zoyer Platform for a period of one year. The agreement is not a related party transaction.

Business Update Positive

2026-02-10 17:35

Zaggle Prepaid Ocean Services Limited has entered into an agreement with Hindware Limited to provide its Zaggle Propel reward platform for a period of 3 years. This intimation was filed on February 10, 2026.

Business Update Positive

2026-02-10 11:43

Zaggle Prepaid Ocean Services Limited entered a 5-year co-branding partnership agreement with Euronet Services India Private Limited to launch co-branded prepaid card solutions for corporates. This collaboration aims to scale Zaggle's SaaS offering and increase its market reach in prepaid cards.

Financials Neutral

2026-02-06 17:18

Zaggle Prepaid Ocean Services Limited announced an Earnings Conference Call on February 12, 2026, at 5:30 PM (IST) to discuss its Q3 & 9M FY26 operational and financial performance for the period ended December 31, 2025.

Business Update Positive

2026-02-03 10:47

Zaggle Prepaid Ocean Services Limited has entered into an agreement with Dr Batras' Positive Health Clinic Private Limited to provide its Zaggle Zoyer Platform. The agreement is effective until terminated as specified.

Business Update Positive

2026-01-30 18:43

Zaggle Prepaid Ocean Services Limited has entered into an agreement with Aye Finance Limited on January 30, 2026. Under this agreement, Zaggle will provide a facility to procure and lease mobile phones to Aye Finance employees through its Employee Purchase Programme.

Business Update Positive

2026-01-29 18:03

Zaggle Prepaid Ocean Services Limited has entered into a 3-year agreement with Hexalog Technologies Private Limited, effective January 29, 2026. Zaggle will provide an Employee Purchase Programme to procure and lease mobile phones to Hexalog's employees.

ZAGGLE

Zaggle Prepaid Ocean Services Limited

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