Zaggle incorporates wholly owned subsidiary in Abu Dhabi Global Market

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Zaggle Prepaid Ocean Services incorporated Zaggle Holding Limited in Abu Dhabi Global Market
  • The new entity is a wholly owned subsidiary with certificate received on October 22, 2026
  • Disclosure made under SEBI Listing Regulations following prior intimation on October 6, 2026
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Zaggle Prepaid Ocean Services has incorporated Zaggle Holding Limited as a wholly owned subsidiary in the Abu Dhabi Global Market (ADGM), United Arab Emirates. The certificate of incorporation was received on October 22, 2026.

This development follows an earlier intimation to stock exchanges dated October 6, 2026. The new entity is fully owned by the Indian fintech company, marking a formal expansion of its corporate structure into the Middle East financial hub.

Regulatory filing details

The company informed the National Stock Exchange of India and BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms the completion of the incorporation process for the foreign subsidiary.

Entity Role Location Status
Zaggle Prepaid Ocean Services Parent Company India Listed
Zaggle Holding Limited Wholly Owned Subsidiary Abu Dhabi Global Market, UAE Incorporated

The filing was signed by Hari Priya, Company Secretary and Compliance Officer, on October 22, 2026. No further operational details regarding the subsidiary's immediate business activities were disclosed in the notice.

Historical Stock Returns for Zaggle Prepaid Ocean Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.79%-8.48%-12.95%-40.10%-56.09%-1.04%

What specific fintech products or services will Zaggle Holding Limited initially offer within the Abu Dhabi Global Market regulatory framework?

How does this UAE expansion align with Zaggle's stated long-term strategy for capturing the Middle East and North Africa (MENA) remittance and payments market?

Will the new subsidiary serve as a regional headquarters for further acquisitions or partnerships in the GCC region?

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Zaggle Prepaid Ocean Services wins Gold and Silver at BankFin 360 Awards

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Zaggle Prepaid Ocean Services won a Gold Award for Zaggle Propel.AI in the Best Loyalty & Rewards Program category.
  • The company also secured a Silver Award for Zaggle SpendSmart and SaveSmart in the Best Event Marketing Strategy category.
  • The awards were presented at the Afaqs BankFin 360 Awards ceremony held on October 8, 2026.
  • The company filed a regulatory intimation with NSE and BSE under Regulation 30 of SEBI LODR Regulations.
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Zaggle Prepaid Ocean Services Limited has won two awards at the Afaqs BankFin 360 Awards 2026, recognizing its leadership in loyalty programs and event marketing strategies.

The company received a Gold Award in the category of Best Loyalty & Rewards Program for its product Zaggle Propel.AI. Additionally, it secured a Silver Award in the category of Best Event Marketing Strategy for its initiatives Zaggle SpendSmart and SaveSmart.

Award Details

The awards were presented during the ceremony held on October 8, 2026. The specific categories and products recognized are detailed below:

Product/Initiative Category Super Category Award Metal
Zaggle Propel.AI Best Loyalty & Rewards Program CX & MarTech Gold
Zaggle SpendSmart and SaveSmart Best Event Marketing Strategy Experiential Marketing Silver

Regulatory Intimation

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, the company filed an intimation with both the National Stock Exchange of India and BSE Limited on October 9, 2026. The filing confirmed the receipt of these accolades and enclosed copies of the awards for the record.

Historical Stock Returns for Zaggle Prepaid Ocean Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.79%-8.48%-12.95%-40.10%-56.09%-1.04%

How might the recognition of Zaggle Propel.AI influence its competitive positioning against established fintech loyalty platforms in the upcoming fiscal year?

Will the strategic success of SpendSmart and SaveSmart initiatives drive measurable increases in corporate client acquisition for Zaggle in Q4 2026?

What specific revenue growth targets has Zaggle management outlined to capitalize on the brand visibility gained from these industry awards?

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1 Year Returns:-56.09%