Zaggle Prepaid Ocean Services Limited has announced the successful completion of its acquisition of 100% equity stake in Rivpe Technology Private Limited (RTPL). The transaction, which became effective from March 30, 2026, represents a significant expansion of the company's business portfolio through strategic acquisition.

Acquisition Details

The acquisition encompasses the complete equity holding in RTPL, providing Zaggle with full ownership and control of the target company. The transaction structure demonstrates Zaggle's commitment to expanding its technological capabilities and market presence.

Corporate Structure Impact

The acquisition has resulted in significant changes to Zaggle's corporate structure. RTPL has become a wholly owned subsidiary of Zaggle Prepaid Ocean Services Limited with effect from March 30, 2026. Additionally, Omnicash Fintech Private Limited, which was previously a wholly owned subsidiary of RTPL, has now become a step-down wholly owned subsidiary of Zaggle.

Ongoing Transaction Components

Zaggle is currently in the process of acquiring Compulsory Convertible Preference Shares (CCPS) from existing CCPS holders. This acquisition is being conducted in accordance with the Share Purchase Agreement dated December 05, 2025, indicating a structured approach to the complete takeover of RTPL.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has maintained transparency by providing updates on the acquisition process through previous intimations dated July 29, 2025, and December 04, 2025, ensuring stakeholders remain informed of the transaction's progress.

Zaggle prepaid ocean services Limited has received recognition from Dun & Bradstreet as one of 'India's Leading ESG Entities' in their comprehensive report on environmental, social, and governance practices. The company announced this achievement to stock exchanges on March 30, 2026, highlighting its commitment to sustainable business practices.

ESG Recognition Details

The recognition comes through Dun & Bradstreet's report titled 'ESG Horizons: Now and Next 2026', which was officially released on March 13, 2026. This report identifies and features companies that have demonstrated excellence in environmental, social, and governance practices across India.

Regulatory Compliance

Zaggle Prepaid Ocean Services Limited formally notified both the National Stock Exchange of India Limited and BSE Limited about this recognition under Regulation 30 of the listing regulations. The intimation was signed by Hari Priya, Company Secretary and Compliance Officer, ensuring proper disclosure to stakeholders and regulatory authorities.

Significance of ESG Recognition

This recognition positions Zaggle among India's leading companies in terms of ESG compliance and sustainable business practices. The Dun & Bradstreet ESG report serves as a benchmark for companies demonstrating commitment to environmental responsibility, social impact, and strong governance frameworks. Being featured in this prestigious report reflects the company's dedication to sustainable growth and responsible business operations.