Zaggle Prepaid Ocean Services rectifies XBRL EPS mismatch for Q4FY26

1 min read     Updated on 02 Jun 2026, 02:47 AM
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Zaggle Prepaid Ocean Services resolved a reporting discrepancy for Q4FY26 by filing a revised XBRL submission to correct mismatched consolidated EPS figures between XBRL and PDF formats.

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Zaggle Prepaid Ocean Services Limited has resolved a discrepancy in its financial reporting for the quarter and financial year ended March 31, 2026. The company addressed a mismatch in the consolidated earnings per share (EPS) figures presented in its XBRL and PDF filings submitted to the National Stock Exchange of India Limited (NSE).

The exchange identified that the consolidated EPS figures in the XBRL filing did not match those in the PDF document. In response, Zaggle Prepaid Ocean Services stated that it has rectified the error by filing a revised XBRL submission for the consolidated financial results. The company confirmed that the discrepancy has been duly resolved following this update.

The following table outlines the specific discrepancy raised by the NSE and the corresponding action taken by the company:

Sr. No. Discrepancy raised by NSE Response from Company
1 Financial results submitted in XBRL with discrepancies - Mismatch in consolidated EPS figures mentioned in XBRL and PDF. Thank you for your guidance. We have rectified the mismatch by filling the revised XBRL for the Consolidated Financial Results for the quarter and financial year ended on March 31, 2026, and the discrepancy has been duly resolved.

The clarification was submitted to the exchange on May 29, 2026, by Hari Priya, the Company Secretary and Compliance Officer. The company requested that the exchange take the revised submission on record.

Historical Stock Returns for Zaggle Prepaid Ocean Services

1 Day5 Days1 Month6 Months1 Year5 Years
+7.24%+3.65%-17.17%-40.37%-53.33%+31.86%

What internal controls will Zaggle implement to prevent future discrepancies between XBRL and PDF filings?

Could this reporting error impact investor confidence or trigger regulatory scrutiny beyond the NSE?

Will the company face any penalties or fines from the exchange for the initial filing inaccuracy?

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Zaggle Prepaid Ocean Services CTO Srikanth Gaddam Resigns Citing Personal Reasons

0 min read     Updated on 23 May 2026, 03:13 PM
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Zaggle Prepaid Ocean Services Limited announced the resignation of Chief Technology Officer Mr. Srikanth Gaddam, effective May 27, 2026, following his resignation tendered on May 22, 2026, citing personal reasons. The development was disclosed to stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the company accepting the resignation and completing all required regulatory filings.

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Zaggle Prepaid Ocean Services Limited has announced the resignation of its Chief Technology Officer, Mr. Srikanth Gaddam. The senior management official tendered his resignation on May 22, 2026, citing personal reasons for the decision. His last working day with the company is scheduled to be May 27, 2026, upon the closure of business hours.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that necessary details regarding the change have been submitted as required under the regulations.

Details of the Resignation

The following table outlines the key particulars regarding the cessation of the senior management personnel:

Particulars Details
Name Mr. Srikanth Gaddam
Reason for change Resignation
Date of cessation May 27, 2026
Brief profile Not Applicable

The resignation letter addressed to the company management formally confirmed the exit date and requested the initiation of standard exit formalities. The company has accepted the resignation and updated its records accordingly.

Historical Stock Returns for Zaggle Prepaid Ocean Services

1 Day5 Days1 Month6 Months1 Year5 Years
+7.24%+3.65%-17.17%-40.37%-53.33%+31.86%

Who will Zaggle Prepaid Ocean Services appoint as the new CTO, and how quickly can the company fill this critical leadership role to avoid disruption to its technology roadmap?

How might the sudden departure of the CTO impact Zaggle's ongoing fintech product development initiatives and its competitive positioning in the prepaid payment solutions market?

Could this high-profile exit signal broader leadership instability at Zaggle, and how might institutional investors and analysts reassess their outlook on the stock?

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1 Year Returns:-53.33%