Zaggle Prepaid Ocean Services Ltd Share Price – NSE /  BSE

IT - Software, Small Cap

Zaggle Prepaid Ocean Services (Zaggle) has entered into a amendment to the customer service agreement dated 24 February 2025 with Honasa Consumer. Under the amended contract, Zaggle would provide additional features in the existing Zaggle Zoyer Platform to Honasa Consumer.

The board of  Zaggle Prepaid Ocean Services in its meeting held on 08 May 2026, inter alia, has, considered and approved the modification to the deal structure, whereby instead of acquiring the entire shareholding of Dice Enterprises (Dice), the Company proposes to purchase assets from Dice comprising but not limited to Software, Databases / Codebase, Contracts, Intellectual Property, Domain Names along with all related assets in the Spend Management space for a consideration of approx Rs. 67.9 crore plus taxes, if applicable.

The consummation of the proposed transaction shall be subject to the fulfillment of closing actions as identified in Asset Purchase Agreement - Software, Intellectual Property Assignment Agreement and Asset Purchase Agreement- Contracts (APA).

According to a regulatory filing, the contract will be executed over a period of three years. The agreement has been awarded by a domestic entity and is in the nature of a service contract. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity. It also stated that 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.

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According to a regulatory filing, the contract will be executed over a period of three years. The agreement has been awarded by a domestic entity and is in the nature of a service contract. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity. It also stated that 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 rose 5.52% to end at Rs 255.40 on the BSE.

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