ZAGGLE
Zaggle Prepaid Ocean Services Limited
NSE BSELast Traded Price
₹167
-2.67 (-1.57%)
Open
₹167.64
High
₹171
Low
₹165
Prev Close
₹169.67
Industry
IT Enabled Services
Market Cap
2246.26 Cr
Filing History
Recent corporate announcements and filings for ZAGGLE
Business Update
Neutral
2026-11-09 17:19
Concall Schedule
Concall Date: 13th November 2026
Concall Time: 5:30 PM (IST)
Business Update
Neutral
2026-11-09 17:17
Concall Schedule
Concall Date: 13th November 2026
Concall Time: 5:30 PM (IST)
Governance
Neutral
2026-11-06 18:36
- Mr. Venkatesh Ramachandran has ceased to be the CFO effective November 5, 2026, and is promoted to Group Chief Strategy and Transformation Officer.
- Mr. Samar Vijay Pupala has been appointed as the new Chief Financial Officer (CFO) of the company effective November 6, 2026.
Governance
Neutral
2026-11-06 18:35
- Zaggle Prepaid Ocean Services Limited informed the exchange about the authorization of Key Managerial Personnel pursuant to Regulation 30(5).
- Authorized KMPs (severally) to determine the materiality of events and make disclosures to stock exchanges.
- Authorized KMPs include Raj P Narayanam (Executive Chairman), Avinash Ramesh Godkhindi (MD & CEO), Samar Vijay Pupala (CFO), and Hari Priya (Company Secretary).
Governance
Neutral
2026-11-06 18:34
- Zaggle Prepaid Ocean Services Ltd intimated the stock exchanges regarding the authorization of Key Managerial Personnel under Regulation 30(5) of SEBI (LODR) Regulations, 2015.
- Authorized KMPs to determine materiality of events and make disclosures: Raj P Narayanam (Executive Chairman), Avinash Ramesh Godkhindi (MD & CEO), Samar Vijay Pupala (CFO), and Hari Priya (Company Secretary & Compliance Officer).
Governance
Neutral
2026-11-06 18:24
- Mr. Venkatesh Ramachandran has stepped down as Group CFO and has been promoted to Group Chief Strategy and Transformation Officer effective November 6, 2026.
- Mr. Samar Vijay Pupala has been appointed as the new Chief Financial Officer (CFO) of the company effective November 6, 2026.
Governance
Neutral
2026-11-06 18:23
- Mr. Venkatesh Ramachandran has stepped down as Group CFO effective November 5, 2026, and has been appointed as the Group Chief Strategy and Transformation Officer effective November 6, 2026.
- Mr. Samar Vijay Pupala has been appointed as the new Chief Financial Officer (CFO) of the company effective November 6, 2026.
Business Update
Positive
2026-11-06 11:50
Order Win: Zaggle Prepaid Ocean Services Limited entered into an Amendment Agreement with Siemens Limited on November 05, 2026.
Details: The commercial terms stipulated under the original agreement dated January 23, 2025, have been revised pursuant to the amendment.
Business Update
Neutral
2026-11-06 11:41
- Zaggle Prepaid Ocean Services Limited executed an amendment to the agreement with Siemens Limited on November 05, 2026.
- The original agreement was entered into on January 23, 2025.
- The amendment involves the revision of commercial terms stipulated under the original agreement.
Routine
Neutral
2026-11-05 12:39
New Filing detected. See link for details.
Business Update
Positive
2026-10-31 16:31
- Zaggle Prepaid Ocean Services Limited received two Gold Awards at the FINIXX Summit & Awards 2026 on October 30, 2026.
- Gold Award received for Best Campaign in Financial Dailies Campaign for the campaign "Leading India to Glory | Engineered in India, Made for the World".
- Gold Award received for Best Newspaper Jacket Innovation Campaign for the same campaign.
Business Update
Positive
2026-10-31 16:30
- Zaggle Prepaid Ocean Services Ltd received two Gold Awards at the FINIXX Summit & Awards 2026 on October 30, 2026.
- Gold Award won in the category of Best Campaign in Financial Dailies Campaign for the campaign "Leading India to Glory | Engineered in India, Made for the World".
- Gold Award won in the category of Best Newspaper Jacket Innovation Campaign for the same campaign.
Business Update
Positive
2026-10-28 16:03
Order Win: Zaggle Prepaid Ocean Services Limited won order from AGP City Gas Private Limited
Order Value: Value not ascertainable at this stage as it depends on active users and vouchers redeemed.
Completion Timeline: Valid for a period of 1 year.
Business Update
Positive
2026-10-28 16:02
Order Win: Zaggle Prepaid Ocean Services Ltd won order from AGP City Gas Private Limited
Order Value: Not ascertainable as the quantum of fee depends on the number of active users and vouchers redeemed monthly.
Completion Timeline: 1 year
Routine
Neutral
2026-10-28 13:47
- Zaggle Prepaid Ocean Services Limited clarified that the significant movement in the volume of its scrip is purely market driven.
- The company confirmed it has made all necessary disclosures in a timely manner under Regulation 30 of SEBI (LODR) Regulations, 2015.
- The company stated it has not withheld any material information or event that could impact the price or volume behavior of its scrip.
Routine
Neutral
2026-10-28 10:59
- Zaggle Prepaid Ocean Services Limited clarified that the significant volume movement in its scrip is purely market-driven.
- The company confirmed it has made all necessary disclosures under Regulation 30 in a timely manner.
- It stated that no material information or event has been withheld that could impact price or volume behavior.
Business Update
Neutral
2026-10-22 15:26
- Zaggle Prepaid Ocean Services Limited has incorporated a wholly owned subsidiary named Zaggle Holding Limited.
- The subsidiary is incorporated in the Abu Dhabi Global Market (ADGM), Abu Dhabi, United Arab Emirates.
- The certificate of incorporation was received on October 22, 2026.
Business Update
Positive
2026-10-22 15:21
- Zaggle Prepaid Ocean Services Limited has incorporated a wholly owned subsidiary named Zaggle Holding Limited.
- The subsidiary was incorporated in the Abu Dhabi Global Market (ADGM), Abu Dhabi, United Arab Emirates.
- The certificate of incorporation was officially received on October 22, 2026.
Business Update
Positive
2026-10-09 14:32
- Zaggle Prepaid Ocean Services Limited received prestigious industry awards at the Afaqs BankFin 360 Awards held on October 8, 2026.
- Won the Gold Award in the category of Best Loyalty & Rewards Program for Zaggle Propel.AI.
- Won the Silver Award in the category of Best Event Marketing Strategy for Zaggle SpendSmart and SaveSmart.
Business Update
Positive
2026-10-09 14:19
- Zaggle Prepaid Ocean Services Limited received prestigious awards at the Afaqs BankFin 360 Awards held on October 8, 2026.
- Won the Gold Award in the category of Best Loyalty & Rewards Program for Zaggle Propel.AI.
- Won the Silver Award in the category of Best Event Marketing Strategy for Zaggle SpendSmart and SaveSmart.
Business Update
Positive
2026-10-06 14:42
- Zaggle Prepaid Ocean Services Limited approved the incorporation of a wholly owned subsidiary named 'Zaggle Holding Limited' in Abu Dhabi Global Market (ADGM).
- The new subsidiary will operate in the Fintech / SaaS / AI industry and act as a holding company for investments.
- Initial capital infusion will be USD 10,000 in cash, with 100% shareholding held by the company.
Business Update
Positive
2026-10-06 14:40
- Zaggle Prepaid Ocean Services Limited approved the incorporation of a wholly owned subsidiary named 'ZAGGLE HOLDING LIMITED' in Abu Dhabi Global Market (ADGM).
- The new entity will operate in the Fintech, SaaS, and AI sectors and act as a holding company for investments.
- The initial capital investment will be USD 10,000 (or INR equivalent) infused in one or more tranches.
Business Update
Positive
2026-10-06 14:35
- Zaggle Prepaid Ocean Services Limited approved the incorporation of a wholly-owned subsidiary named 'ZAGGLE HOLDING LIMITED' in Abu Dhabi Global Market (ADGM).
- The new entity will operate in the Fintech, SaaS, and AI industry and act as a holding company.
- Initial capital infusion will be USD 10,000 in cash.
Business Update
Positive
2026-10-06 14:34
- Zaggle Prepaid Ocean Services Limited approved the incorporation of a wholly owned subsidiary named 'ZAGGLE HOLDING LIMITED' in Abu Dhabi Global Market (ADGM).
- The new entity will operate in the Fintech, SaaS, and AI sectors and act as an investment holding company.
- Initial capital infusion will be USD 10,000 in one or more tranches.
Governance
Neutral
2026-09-30 22:35
- Zaggle Prepaid Ocean Services Limited successfully held its 15th Annual General Meeting (AGM) on September 29, 2026.
- All resolutions proposed at the AGM were approved by the shareholders with the requisite majority through remote e-voting and e-voting during the meeting.
- Voting results and the Scrutinizer's Report have been submitted to the stock exchanges.
Governance
Neutral
2026-09-29 22:45
- Zaggle Prepaid Ocean Services Limited informed about the re-designation of Mr. Arun Vijaykumar Gupta.
- He has been re-designated from Non-Executive Independent Director to Non-Executive Non-Independent Director.
- The change was approved by members at the 15th Annual General Meeting held on September 29, 2026.
Governance
Neutral
2026-09-29 22:44
- Members of Zaggle Prepaid Ocean Services Limited approved the re-designation of Mr. Arun Vijaykumar Gupta from Non-Executive Independent Director to Non-Executive Non-Independent Director at the 15th AGM held on September 29, 2026.
- The AGM concluded at 4:42 PM (IST).
Governance
Neutral
2026-09-29 22:30
- Zaggle Prepaid Ocean Services Limited re-appointed M S KA & Associates LLP as the Statutory Auditor of the company.
- Re-appointment is for a second term of 5 consecutive years, from the conclusion of the 15th AGM until the conclusion of the 20th AGM held on September 29, 2026.
Governance
Neutral
2026-09-29 22:28
- Zaggle Prepaid Ocean Services Ltd announced the re-appointment of M S K A & Associates LLP as the Statutory Auditor of the company.
- The re-appointment was approved by members at the 15th Annual General Meeting held on September 29, 2026.
- The term is for 5 consecutive years, from the conclusion of the 15th AGM until the 20th AGM.
Governance
Neutral
2026-09-29 22:14
- Zaggle Prepaid Ocean Services Limited held its 15th Annual General Meeting (AGM) on September 29, 2026, through video conferencing.
- Shareholders considered and adopted the standalone and consolidated financial statements for FY 2025-26.
- Dr. Raj P Narayanam was re-appointed as a director, and M S K A & Associates LLP was re-appointed as the statutory auditor.
- Mr. Arun Vijaykumar Gupta was re-designated from Non-Executive Independent Director to Non-Executive Non-Independent Director.
Routine
Neutral
2026-09-28 11:49
- Trading window for dealing in company's securities closed with effect from October 01, 2026.
- Closure remains effective until 48 hours after declaration of Q2/H1 FY27 financial results.
- Date of the Board Meeting will be intimated in due course.
Routine
Neutral
2026-09-28 11:46
- Trading window closed for Designated Persons and immediate relatives from October 01, 2026.
- Closure remains until 48 hours after declaration of Q2 and half-year ended September 30, 2026 financial results.
- Board meeting date will be intimated in due course.
Business Update
Positive
2026-09-18 15:00
- Order Win: Zaggle Prepaid Ocean Services Limited (Zaggle) entered into an agreement with Bandhan AMC Limited
- Details: Zaggle will provide its Zaggle Zoyer platform to Bandhan AMC Limited
- Order Value: The value is variable, based on the number of active users and corresponding program fees, and is difficult to ascertain at this stage.
Business Update
Positive
2026-09-18 14:59
- Order Win: Zaggle Prepaid Ocean Services Limited entered into an agreement with Bandhan AMC Limited.
- Details: Zaggle will provide its Zaggle Zoyer platform.
- Order Value: Not ascertainable at this stage, as it depends on the number of active users and actual spends.
- Completion Timeline: Ongoing, valid unless terminated.
Business Update
Negative
2026-09-09 19:19
CRITICAL RED FLAG DETECTED
- Zaggle's appeal against an Income Tax Assessment Order (AY 2024-25) and consequential demand notice, previously disclosed on March 26, 2026, has been dismissed on September 08, 2026.
- The company intends to pursue further legal remedies by filing an appeal before the Income Tax Appellate Tribunal (ITAT).
Business Update
Negative
2026-09-09 19:17
- The Company's appeal against the Income Tax Assessment Order dated March 25, 2026, for Assessment Year 2024-25 was dismissed on September 08, 2026.
- The Company intends to file a further appeal before the Income Tax Appellate Tribunal (ITAT).
Business Update
Negative
2026-09-07 23:59
CRITICAL RED FLAG DETECTED
- Submission of Business Responsibility and Sustainability Report (BRSR) for FY 2025-26.
- Noted a significant increase in permanent employee turnover rate to 58.66% in FY26 from 30.05% in FY24.
- Report highlights ethical governance, employee well-being, environmental protection, and stakeholder engagement.
Routine
Positive
2026-09-07 23:53
- Filing of Business Responsibility and Sustainability Report (BRSR) for FY 2025-26.
- Highlights ethical governance, sustainability, human rights, environmental protection, and inclusive growth initiatives.
- Reports zero human rights or data privacy/cybersecurity complaints for FY 2025-26.
- FY26 Turnover: ₹13,026.46 Cr; Net worth: ₹12,476.12 Cr.
- ₹13.82 Cr invested in CSR initiatives.
Business Update
Positive
2026-08-21 18:37
- Q1 FY27 Consolidated Revenue ₹423Cr (▲28% YoY)
- Adjusted EBITDA ₹34.7Cr (Margin 8.2%, ▼ from 10.1% YoY, attributed to acquisition costs without immediate revenue recognition)
- Reiterated FY27 consolidated revenue growth guidance of 40%
- Expects EBITDA margin to improve from Q2 FY27 as DICE acquisition revenue starts flowing
- Long-term EBITDA margin target of 13-15% over 5-7 years
- Strategic investment of ₹8Cr in Unobanc (moneyHOP) for cross-border payments
- 86400 (Mobileware) Revenue grew ▲29% YoY to ₹22Cr, EBITDA grew ▲214% YoY to ₹8.8Cr
- GreenEdge Revenue grew ▲160% YoY to ₹44Cr, EBITDA grew ▲66% YoY to ₹4.3Cr
- Opening subsidiary in ADGM, Abu Dhabi in Q2 FY27 for international expansion
Business Update
Positive
2026-08-21 18:18
- Q1 FY27 Consolidated Revenue ₹423Cr (▲28% YoY) with management expecting acceleration in Q2 and beyond.
- Adjusted EBITDA ₹34.7Cr with margin at 8.2% (vs 10.1% in Q1 FY26), attributed to one-time DICE acquisition costs and capitalization policy changes; expected to improve from Q2.
- Maintained FY27 consolidated revenue growth guidance of 40-45% YoY and long-term EBITDA margin guidance of 14-15% over 5-7 years.
- Made strategic investment of ₹8Cr in Unobanc (moneyHOP) for cross-border payments.
- DICE acquisition integration progressing, with revenue expected from Q2 FY27 (₹15-16Cr in FY27 with 90%+ gross margins).
- Zagg.Money's annualized new card acquisition run rate increased to 84,000.
- Subsidiaries 86400 and GreenEdge showed strong revenue and EBITDA growth (86400 revenue ▲29% YoY, EBITDA ▲214% YoY; GreenEdge revenue ▲160% YoY, EBITDA ▲66% YoY).
- Planning international expansion with a subsidiary in ADGM, Abu Dhabi in Q2 FY27.
- Secured 5-year agreement with HPCL for Driver Track Plus program.
- AI investments are enhancing product capabilities and driving operational efficiency.
Business Update
Negative
2026-08-15 22:10
CRITICAL RED FLAG DETECTED
- The Company's appeal against a demand notice under Section 156 of the Income Tax Act 1961 for Assessment Year 2022-23 has been dismissed by the Commissioner of Income Tax (Appeal) via an order dated August 14, 2026.
- The Company believes it has strong grounds to defend its position and will pursue an appeal before the appropriate appellate authority.
Business Update
Negative
2026-08-15 22:08
CRITICAL RED FLAG DETECTED
- Zaggle's appeal against the income tax demand notice for Assessment Year 2022-23 has been dismissed by the Commissioner of Income Tax (Appeal) on August 14, 2026.
- The company believes it has strong grounds to defend its position and will pursue a further appeal before the appropriate appellate authority.
Business Update
Neutral
2026-08-14 19:32
- Audio recording of the earnings call held on August 14, 2026, to discuss the company's operational and financial performance for the quarter ended on June 30, 2026 (Q1 FY26-27), has been uploaded to the company's website.
Business Update
Neutral
2026-08-14 19:28
- Audio recording of the earnings call held on August 14, 2026, to discuss the Company's operational and financial performance for the quarter ended June 30, 2026, has been uploaded on the company's website. The web-link is provided.
Governance
Neutral
2026-08-14 19:00
- Board meeting on August 14, 2026, approved the re-designation of Mr. Arun Vijaykumar Gupta from Non-Executive Independent Director to Non-Executive Non-Independent Director, effective August 14, 2026, subject to shareholder approval.
Governance
Neutral
2026-08-14 18:46
- Outcome of Board meeting held on August 14, 2026.
- Approved the re-designation of Mr. Arun Vijaykumar Gupta from Non-Executive Independent Director to Non-Executive Non-Independent Director, effective August 14, 2026, subject to shareholder approval.
Financials
Positive
2026-08-14 17:23
- Q1 FY27 Consolidated Revenue ₹4,233Mn vs ₹3,320Mn (▲27.5% YoY)
- Adjusted EBITDA ₹347Mn vs ₹334Mn (▲4.0% YoY)
- Adjusted EBITDA Margin 8.2% vs 10.1% (▼190bps)
- Net Profit (PAT) not explicitly disclosed in the presentation.
- The company notes Q1 FY27 as an inflection point, focusing on optimizing core operations, scaling AI, and integrating recent acquisitions for higher-margin growth.
- Strategic investment of ₹80Mn in Unobanc Private Limited strengthens cross-border payments, forex cards, and remittances capabilities.
- Acquisitions like Dice have brought marquee enterprise clients and accelerate AI roadmap for enhanced spend analytics and expense management.
Financials
Neutral
2026-08-14 17:19
- Q1 FY27 Consolidated Revenue ₹423.27 Cr vs ₹331.97 Cr (▲27.5% YoY)
- Adjusted EBITDA ₹34.74 Cr vs ₹33.42 Cr (▲4.0% YoY)
- PAT ₹17.53 Cr vs ₹26.11 Cr (▼32.9% YoY)
- Adjusted EBITDA Margin 8.2% vs 10.1% (▼190bps)
Financials
Positive
2026-08-14 17:16
- Q1 FY27 Consolidated Revenue from operations ₹4,233 Mn vs ₹3,320 Mn (▲27.5% YoY)
- Adjusted EBITDA ₹347 Mn vs ₹334 Mn (▲3.9% YoY)
- Adjusted EBITDA Margin 8.2% vs 10.1% (▼190bps)
Financials
Negative
2026-08-14 17:15
- Q1 FY27 Consolidated Revenue ₹423.27 Cr vs ₹331.97 Cr (▲27.50% YoY)
- EBITDA ₹33.23 Cr vs ₹31.14 Cr (▲6.72% YoY)
- PAT ₹17.53 Cr vs ₹26.11 Cr (▼32.86% YoY)
- EBITDA Margin 7.85% vs 9.38% (▼153bps)
Financials
Negative
2026-08-14 17:08
- Q1 FY27 Consolidated Revenue ₹4,232.65Mn vs ₹3,319.65Mn (▲27.5% YoY)
- EBITDA ₹332.32Mn vs ₹311.40Mn (▲6.7% YoY)
- PAT ₹175.33Mn vs ₹261.11Mn (▼33.0% YoY)
- EBITDA Margin 7.9% vs 9.4% (▼150bps)
Financials
Neutral
2026-08-14 17:05
- Q1 FY27 Consolidated Revenue ₹4,232.7Mn vs ₹3,319.7Mn (▲27.5% YoY)
- EBITDA ₹347.4Mn vs ₹334.2Mn (▲4.0% YoY)
- PAT ₹175.3Mn vs ₹261.1Mn (▼32.9% YoY)
- EBITDA Margin 8.2% vs 10.1% (▼190bps)
Financials
Negative
2026-08-14 16:54
- Q1 FY27 Consolidated Revenue ₹423.27Cr vs ₹331.97Cr (▲27.50% YoY)
- EBITDA ₹33.23Cr vs ₹31.14Cr (▲6.72% YoY)
- PAT ₹17.53Cr vs ₹26.11Cr (▼32.85% YoY)
- EBITDA Margin 7.85% vs 9.38% (▼153bps)
Routine
Neutral
2026-08-14 13:37
New Filing detected. See link for details.
Governance
Positive
2026-08-14 13:34
- Zaggle's Nomination and Remuneration Committee approved the grant of 2,50,000 Stock Options to eligible employees under the Zaggle ESOP 2022 on August 14, 2026.
- The exercise price for these options is ₹151/- per stock option.
Business Update
Neutral
2026-08-11 21:02
- Concall Schedule
- Concall Date: August 14, 2026
- Concall Time: 5:30 PM (IST)
Business Update
Neutral
2026-08-11 19:05
- Concall Schedule
- Concall Date: August 14, 2026
- Concall Time: 5:30 PM (IST)
- To discuss Q1 FY27 operational and financial performance.
Business Update
Positive
2026-08-08 12:51
- Zaggle Prepaid Ocean Services Limited executed an Amendment Agreement with APAC Financial Services Private Limited on August 07, 2026.
- The amendment expands the services provided to APAC Financial Services Private Limited to include Employee Tax Benefits, in addition to the existing Zaggle Zoyer Platform and Employee Expense Management.
Business Update
Positive
2026-08-08 12:41
- Zaggle Prepaid Ocean Services Limited has entered into an Amendment Agreement with APAC Financial Services Private Limited on August 07, 2026.
- Under the amendment, Zaggle will provide Employee Tax Benefits, in addition to existing Zoyer Platform and Employee Expense Management services.
Governance
Neutral
2026-08-07 13:43
- Board meeting scheduled for August 14, 2026.
- Purpose: To consider and approve Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026.
- Trading window closure from July 01, 2026, till August 16, 2026.
Business Update
Positive
2026-07-27 15:45
- Order Win: Zaggle Prepaid Ocean Services Limited entered into an agreement with Daimler India Commercial Vehicles Private Limited (DICV).
- Order Details: Zaggle will provide Zaggle Zatix & Corporate Credit Card Program to DICV for their fleet partners.
- Completition Timeline: 3 years.
- Order Value: The commercial consideration is proportional to the number of fleet partners & drivers onboarded and spends, making it difficult to ascertain the value at this stage.
Business Update
Positive
2026-07-27 15:41
- Order Win: Zaggle Prepaid Ocean Services Limited won an agreement from Daimler India Commercial Vehicles Private Limited (DICV).
- Scope: Zaggle will provide its Zatix & Corporate Credit Card Program to DICV for their Fleet partners.
- Order Value: The commercial consideration is proportional to the number of fleet partners & drivers onboarded and spends, thus not ascertainable at this stage.
- Completion Timeline: 3 Years.
Business Update
Positive
2026-07-23 13:14
- Zaggle Prepaid Ocean Services Limited invested ₹7,96,00,640 in Unobanc Private Limited.
- This investment results in Zaggle holding a 19.9% equity stake in Unobanc Private Limited via a preferential issue.
Business Update
Positive
2026-07-23 13:11
- Zaggle Prepaid Ocean Services Limited invested ₹7,96,00,640/- in Unobanc Private Limited.
- This investment secures a 19.9% equity stake in Unobanc Private Limited through preferential allotment of 62,188 equity shares.
Business Update
Positive
2026-07-23 12:09
- Zaggle recognized as one of the 'World's Top FinTech Companies 2026' in the category of Enterprise Fintech by CNBC and Statista.
Business Update
Positive
2026-07-23 12:04
- Zaggle has been recognized as one of the 'World's Top FinTech Companies 2026' by CNBC and Statista.
- The award is in the category of Enterprise Fintech.
Business Update
Positive
2026-07-21 13:23
- Zaggle Prepaid Ocean Services Limited's Board approved an investment of up to ₹7.97 Crores in Unobanc Private Limited for up to 19.9% equity.
- Unobanc provides tech infrastructure for digital cross-border payments and remittances.
- The investment aims to strengthen Zaggle's cross-border payments, forex, and remittances offerings.
Business Update
Positive
2026-07-21 13:23
- Zaggle's Board approved an investment of up to ₹7.97 Crores in Unobanc Private Limited for a stake of up to 19.9%.
- This strategic investment aims to bolster Zaggle's capabilities in cross-border payments, forex, and remittances.
Governance
Neutral
2026-07-21 13:17
- Board of Directors of Zaggle Prepaid Ocean Services Limited authorized Key Managerial Personnel (KMP) to determine materiality of events and make disclosures to stock exchanges.
- This authorization was approved at a board meeting held on July 21, 2026.
- The authorized KMPs include the Executive Chairman, MD & CEO, Group CFO, and Company Secretary & Compliance Officer.
Governance
Neutral
2026-07-21 13:13
- Board of Directors of Zaggle Prepaid Ocean Services Limited authorized Key Managerial Personnel (KMPs) on July 21, 2026.
- KMPs are authorized to determine the materiality of any event or information and to make disclosures to the stock exchanges.
Business Update
Positive
2026-07-21 13:05
- Board approved an investment of up to ₹7.97 Crores in Unobanc Private Limited for up to 19.9% equity.
- Unobanc provides tech infrastructure for digital cross-border payments and remittances.
- This investment strengthens Zaggle's cross-border payments, forex, and remittances capabilities.
- The acquisition is expected to be completed within 90 days.
Business Update
Positive
2026-07-21 13:05
- Board of Directors approved an investment of up to ₹7.97 Crores in Unobanc Private Limited for acquiring up to a 19.9% equity stake.
- This strategic investment aims to strengthen Zaggle's cross-border payments, forex, and remittances capabilities.
- The indicative completion period for the acquisition is within 90 days.
Business Update
Positive
2026-07-01 17:08
- Zaggle Prepaid Ocean Services Limited has been empanelled by Canara Bank for fintech companies.
- The empanelment is effective from June 30, 2026, and is valid for two years, subject to annual performance review.
Business Update
Positive
2026-07-01 17:07
- Zaggle Prepaid Ocean Services Limited has been empanelled by Canara Bank through Expression of Interest (EOI) for empanelment of Fintech Companies.
- The empanelment is effective from June 30, 2026.
- It will remain valid for a period of two (2) years, subject to annual review of performance.
Business Update
Positive
2026-07-01 13:29
- Order Win: Zaggle Prepaid Ocean Services Limited partnered with Hindustan Petroleum Corporation Limited (HPCL).
- Details: Zaggle's platform will be integrated into HPCL's "Drive Track Plus" program to provide loyalty reward points for fuel purchases to corporate/fleet/retail customers.
- Completion Timeline: The agreement is for a period of 5 years.
- Order Value: Commercial consideration is proportional to user onboarding and fuel spends; value cannot be ascertained at this stage.
Business Update
Positive
2026-07-01 13:27
- Order Win: Zaggle Prepaid Ocean Services Limited partnered with Hindustan Petroleum Corporation Limited (HPCL).
- Details: Partnership for HPCL's 'Flagship Fleet programme - Driver Track Plus' to provide loyalty reward points for petroleum product purchases and integrate ZAGGLE's platform.
- Completion Timeline: 5 Years
- Order Value: Commercial consideration is proportional to user onboarding and fuel spends; the value cannot be ascertained at this stage.
Business Update
Positive
2026-06-30 12:38
- Order Win: Zaggle Prepaid Ocean Services Limited entered into an agreement with APAC Financial Services Private Limited.
- Details: Zaggle will provide its Zoyer Platform and Zaggle Save (Employee expense management & benefits).
- Completion Timeline: 5 years.
- Order Value: Not ascertainable at this stage as it depends on the number of active users and actual spends.
Business Update
Positive
2026-06-30 12:36
- Order Win: Zaggle Prepaid Ocean Services Limited entered into an agreement with APAC Financial Services Private Limited.
- Details: Zaggle will provide its Zoyer Platform and Zaggle Save (employee expense management & benefits) services.
- Duration: The agreement is for 5 years.
- Order Value: The value is not ascertainable at this stage as it depends on active users and actual spends.
Routine
Neutral
2026-06-25 18:26
- Intimation of Closure of Trading Window for Zaggle Prepaid Ocean Services Limited.
- Trading Window will close from July 01, 2026.
- It will reopen 48 hours after the declaration of Q1 FY27 financial results (quarter ending June 30, 2026).
- The date of the Board Meeting for results declaration will be intimated later.
Routine
Neutral
2026-06-25 18:19
- Trading window for Zaggle Prepaid Ocean Services Limited to close from July 01, 2026.
- Closure is till 48 hours post declaration of Q1 FY27 financial results (quarter ended June 30, 2026).
- Board meeting date for results will be intimated later.
Business Update
Neutral
2026-06-24 16:57
- Concall Schedule
- Concall Date: June 30, 2026
- Concall Time: 09:00 AM onwards
- Nature of Meeting: 1x1 / Group Meeting organised by Antique Stock Broking in Mumbai
Business Update
Neutral
2026-06-24 16:54
- Investor Meeting Schedule
- Meeting Date: June 30, 2026
- Meeting Time: 09:00 AM onwards
Ownership
Positive
2026-06-24 10:38
- RAN Ventures Private Limited, part of the promoter group of Zaggle Prepaid Ocean Services Limited, acquired 16,900 equity shares from the open market on June 19, 2026.
- Post-acquisition, the promoter group's shareholding increased by 0.01% to 44.30%.
Business Update
Positive
2026-06-19 17:56
- Zaggle Prepaid Ocean Services Limited has entered into an agreement with Punjab National Bank.
- Zaggle will be the co-branding Partner for a Co-branded Retail Credit Card Product, focusing on acquisition, marketing, and promotion.
- The agreement has a duration of 5 years.
- Zaggle aims to leverage its existing corporate base to sell the Co-brand Retail Credit Card.
Business Update
Positive
2026-06-19 17:54
- Zaggle Prepaid Ocean Services Limited has entered into a 5-year co-branding agreement with Punjab National Bank on June 19, 2026.
- Zaggle will drive acquisition, marketing, and promotion of a co-branded retail credit card product.
- Zaggle will leverage its existing corporate base to sell the co-brand retail credit card.
Business Update
Neutral
2026-06-17 16:35
- Investor Meeting Schedule
- Meeting Date: June 23, 2026
- Meeting Time: 01:00 PM onwards
- Organized by: JM Financial
- Location: Mumbai
Business Update
Neutral
2026-06-17 16:34
- Concall Schedule
- Concall Date: June 23, 2026
- Concall Time: 01:00 PM onwards
- Organised by: JM Financial
- Nature of Meeting: 1x1 / Group Meeting
Business Update
Positive
2026-06-12 22:54
- Zaggle Prepaid Ocean Services Limited completed the acquisition of 16,407 Compulsory Convertible Preference Shares (CCPS) in Rivpe Technology Private Limited on June 11, 2026.
- This transaction results in Zaggle holding a 100% stake across both Equity and CCPS in Rivpe Technology Private Limited.
Business Update
Positive
2026-06-12 22:50
- Zaggle Prepaid Ocean Services Limited has completed the acquisition of 16,407 Compulsory Convertible Preference Shares (CCPS) of Rivpe Technology Private Limited, each with a face value of ₹20.
- This completion, on June 11, 2026, results in Zaggle now holding a 100% stake across both Equity and CCPS in Rivpe Technology Private Limited.
Business Update
Positive
2026-06-11 11:15
- Zaggle Prepaid Ocean Services Limited (Zaggle) has entered into an agreement with Crompton Greaves Consumer Electricals Limited.
- Zaggle will provide its 'Zaggle Save' (Employee expense management & benefits) solution.
- The agreement duration is 5 years.
- The contract value is variable, dependent on active users and actual spends, and cannot be ascertained at this stage.
Business Update
Positive
2026-06-11 11:13
- Zaggle Prepaid Ocean Services Limited has entered into an agreement with Crompton Greaves Consumer Electricals Limited.
- Zaggle will provide its 'Zaggle Save' platform for employee expense management and benefits.
- The agreement has a tenure of 5 years.
- The exact value of the contract is not ascertainable at this stage as it depends on active users and actual spends.
Routine
Neutral
2026-06-01 18:16
- Clarification on discrepancy in financial results for the quarter and financial year ended March 31, 2026.
- NSE identified a mismatch in consolidated EPS figures between the XBRL filing and PDF document.
- The company has rectified the mismatch and submitted revised XBRL.
Governance
Negative
2026-05-30 20:38
CRITICAL RED FLAG DETECTED
Zaggle Prepaid Ocean Services Limited filed its Secretarial Compliance Report for the financial year ended March 31, 2026. The report notes general compliance with SEBI regulations. However, it highlighted an initial delay in submitting the Statement of Deviation/Variation for preferential issue of convertible warrants, which was subsequently rectified. Crucially, the company imposed penalties on certain designated persons and their immediate relatives for violations of SEBI (Prohibition of Insider Trading) Regulations, 2015, and a matter concerning an active insider's transactions is currently under review by the company.
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.