Zaggle Prepaid Ocean Services Limited has entered into a client contract with Superking Ventures Private Limited, the company announced in a regulatory filing. The agreement expands Zaggle's corporate expense card services to a new domestic client.

Agreement Details

The contract establishes Zaggle as the provider of Corporate Expense cards to employees and associates of Superking Ventures Private Limited. This domestic client engagement represents a standard business expansion for Zaggle's corporate expense management solutions.

Contract Structure and Compliance

The agreement follows standard commercial terms with no related party transaction implications. The contract does not involve any promoter, promoter group, or group company interests, ensuring arm's length transaction compliance.

Key compliance aspects include:

• No promoter group involvement in the contracting entity
• Standard client contract classification
• Domestic market engagement
• One-year execution timeline

Regulatory Disclosure

Zaggle has fulfilled its disclosure obligations under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company provided comprehensive details through Annexure-A, covering all required parameters including contract nature, execution timeline, and related party transaction status.

The disclosure was signed by Avinash Ramesh Godkhindi, Managing Director and Chief Executive Officer, and submitted to both National Stock Exchange of India Limited and BSE Limited.

Zaggle Prepaid Ocean Services Limited has entered into a strategic 5-year agreement with Saurashtra Cement Limited to provide employee expense management and benefits solutions. The company disclosed this development to stock exchanges, in compliance with regulatory requirements under SEBI listing obligations.

Agreement Details

The comprehensive agreement outlines Zaggle's commitment to deliver its Zaggle Save platform to Saurashtra Cement Limited, focusing on employee expense management and benefits administration. This domestic contract represents a significant business expansion opportunity for the fintech services provider.

Regulatory Compliance

The agreement has been structured to ensure full compliance with corporate governance standards. Key compliance aspects include:

• No related party transaction involvement
• Arms-length commercial terms
• No promoter or group company interest in the contracting entity
• Full regulatory disclosure under SEBI listing obligations

Strategic Significance

This partnership demonstrates Zaggle's continued expansion in the corporate expense management sector. The 5-year duration provides long-term revenue visibility and strengthens the company's position in serving large industrial clients. The agreement specifically focuses on delivering Zaggle Save solutions, which encompass comprehensive employee expense management and benefits administration services.

The disclosure was made by Managing Director and Chief Executive Officer Avinash Ramesh Godkhindi, ensuring transparency with stakeholders and regulatory compliance. This development reflects Zaggle's ongoing efforts to expand its client base in the corporate sector while maintaining strict adherence to governance standards.