Zaggle Prepaid Ocean Services Limited has entered into a formal agreement with The Supreme Industries Limited, as disclosed to stock exchanges on May 06, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Avinash Ramesh Godkhindi, Managing Director and Chief Executive Officer, and filed in accordance with SEBI Master Circular Ho/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Agreement Overview

Under the terms of the agreement, Zaggle Prepaid Ocean Services will provide its Zaggle Propel reward platform, specifically designed for channel rewards and recognition, to The Supreme Industries Limited. The contract is domestic in nature and is set to run for a period of 3 years. The agreement does not involve any related party transactions, and no promoter, promoter group, or group company has been disclosed as having any interest in The Supreme Industries Limited.

Key Contract Details

The following table summarises the key particulars of the agreement as disclosed in Annexure-A:

Regulatory Compliance

The disclosure was made in compliance with the applicable SEBI listing regulations. The agreement has been executed as a domestic contract with no related party implications, and the company has confirmed that neither the promoter nor the promoter group holds any interest in The Supreme Industries Limited. The filing was duly authorised and digitally signed by the Managing Director and CEO on May 06, 2026.

Zaggle Prepaid Ocean Services Limited has entered into a formal agreement with The Federal Bank Limited, as disclosed in a regulatory filing dated April 17, 2026. The partnership represents a significant business development for the fintech company in the employee expense management sector.

Agreement Details

The comprehensive agreement outlines specific terms for Zaggle's service provision to Federal Bank:

Service Scope and Implementation

Under this agreement, Zaggle will provide its flagship Zaggle Save platform to Federal Bank Limited. This solution encompasses employee expense management and benefits administration, leveraging Zaggle's expertise in prepaid payment solutions and corporate expense management systems.

Regulatory Compliance

The agreement disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that this arrangement does not constitute a related party transaction and involves no promoter group interest.

Strategic Partnership Framework

This collaboration aligns with the growing trend of traditional banking institutions partnering with fintech companies to enhance their employee benefit offerings and operational efficiency. The three-year commitment demonstrates Federal Bank's confidence in Zaggle's expense management solutions and represents a substantial business opportunity for the fintech company.