Zaggle Prepaid Ocean Services Ltd Share Price – NSE  / BSE

IT - Software, Small Cap

The agreement is for a three-year period and involves deployment of the company?s employee expense and benefits solution for the bank.

Zaggle clarified that the contract has been awarded by a domestic entity and does not involve any related-party transactions.

Zaggle Prepaid Ocean Services (Zaggle) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business customer segment. The company?s standalone net profit surged 77.7% to Rs 35.97 crore on a 47.9% rise in revenue from operations to Rs 497.63 crore in Q3 FY26 over Q3 FY25. The scrip shed 0.13% to Rs 263.65 on the BSE.

The Federal Bank (?the Bank?) was incorporated in 1931 as Travancore Federal Bank Limited. It provides retail and corporate banking, para banking activities such as debit card, third party product distribution etc., treasury and foreign exchange business. The bank?s standalone net profit rose 9% to Rs 1041.21 crore on 3.1% jump in total income to Rs 7,967.79 crore in Q3 FY26 over Q3 FY25. The scrip added 2.57% to Rs 291.60 on the BSE.

Zaggle Prepaid Ocean Services (Zaggle) has entered into an agreement with Federal Bank to provide Zaggle Save (Employee expense management & benefits).

According to a regulatory filing, Zaggle will deploy the Zaggle Zoyer platform for Generali Central Insurance Company. The contract will be executed over a period of two years.

The company clarified that the agreement has been awarded by a domestic entity and is in the nature of a service agreement. It also stated that neither its promoters nor promoter group entities have any interest in the awarding entity. Further, the transaction does not fall under related-party transactions.

Zaggle Prepaid Ocean Services (Zaggle) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business customer segment.

The company?s standalone net profit surged 77.7% to Rs 35.97 crore on a 47.9% rise in revenue from operations to Rs 497.63 crore in Q3 FY26 over Q3 FY25.

Shares of Zaggle Prepaid Ocean Services shed 0.18% to end at Rs 251.35 on 10 April 2026.

This domestic agreement is for a period of three years.

The announcement was made before market hours today.

Zaggle Prepaid Ocean Services (Zaggle) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer segment.

The company?s standalone net profit surged 77.7% to Rs 35.97 crore on a 47.9% rise in revenue from operations to Rs 497.63 crore in Q3 FY26 over Q3 FY25.

The scrip tumbled 4.65% to currently trade at Rs 216.50 on the BSE.

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