Zaggle prepaid ocean services Limited has entered into a strategic 5-year agreement with Fanuc India Private Limited to provide comprehensive employee expense management and benefits solutions. The agreement was formally disclosed through a regulatory filing in compliance with SEBI listing regulations.

Agreement Details

The partnership centers around Zaggle's flagship product, Zaggle Save, which will be deployed to handle employee expense management and benefits for Fanuc India Private Limited. This domestic agreement spans a 5-year period, positioning Zaggle to serve one of India's prominent industrial automation companies.

Service Scope

Under the terms of this agreement, Zaggle will provide its Zaggle Save platform, which specializes in employee expense management and benefits administration. This solution is designed to streamline corporate expense processes and enhance employee benefit delivery systems for organizations.

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 company has confirmed that:

• The agreement does not constitute a related party transaction
• No promoter or promoter group companies have any interest in Fanuc India Private Limited
• The transaction is conducted at arm's length

Strategic Significance

This partnership represents Zaggle's continued expansion in the corporate expense management sector, leveraging its technology platform to serve established industrial clients. The 5-year duration of the agreement provides revenue visibility and demonstrates client confidence in Zaggle's service capabilities.

The agreement was signed by Avinash Ramesh Godkhindi, Managing Director and Chief Executive Officer of Zaggle Prepaid Ocean Services Limited, with the necessary regulatory disclosures completed as per SEBI requirements.

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.