Zaggle Prepaid Ocean Services Partners with Chennai Super Kings for Corporate Expense Cards

1 min read     Updated on 26 Feb 2026, 10:18 PM
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Overview

Zaggle Prepaid Ocean Services Limited has signed a one-year agreement with Chennai Super Kings Cricket Limited to provide corporate expense cards to the cricket team's employees and associates. The domestic client contract, announced on February 26, 2026, involves offering Zaggle's Corporate Expense card services and represents the company's expansion into the sports industry segment. The partnership maintains full regulatory compliance with no related party transactions or promoter group interests involved.

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*this image is generated using AI for illustrative purposes only.

Zaggle Prepaid Ocean Services Limited has announced a new business partnership with Chennai Super Kings Cricket Limited, entering into an agreement to provide corporate expense card services to the popular cricket franchise.

Agreement Details

The company disclosed the partnership through a regulatory filing dated February 26, 2026, submitted to both the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

Parameter: Details
Client: Chennai Super Kings Cricket Limited
Contract Type: Client Contract (Domestic)
Duration: One year
Service Offering: Zaggle Corporate Expense cards
Target Users: Employees and associates of Chennai Super Kings

Service Scope

Under the terms of this agreement, Zaggle will offer its Corporate Expense cards specifically to employees and associates of Chennai Super Kings Cricket Limited. The partnership represents an expansion of Zaggle's corporate client base into the sports and entertainment sector.

The agreement is structured as a domestic client contract, with Chennai Super Kings Cricket Limited being the entity awarding the contract. The service provision will span a period of one year from the execution date.

Regulatory Compliance

Zaggle has confirmed that this partnership maintains full regulatory compliance standards:

  • No promoter or promoter group companies have any interest in Chennai Super Kings Cricket Limited
  • The contract does not fall within related party transaction categories
  • The agreement has been executed at arm's length terms

The company filed the necessary disclosure documentation in accordance with SEBI Master Circular requirements, ensuring transparency in its business operations and partnerships.

Strategic Significance

This partnership with Chennai Super Kings Cricket Limited demonstrates Zaggle's continued efforts to expand its corporate expense management solutions across diverse industry verticals. The collaboration with one of the Indian Premier League's most prominent franchises could potentially enhance Zaggle's brand visibility in the sports sector while providing practical expense management solutions to the cricket team's operational workforce.

Historical Stock Returns for Zaggle Prepaid Ocean Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.26%-3.42%-14.57%-41.22%-32.73%+47.33%
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Zaggle Prepaid Ocean Signs Agreement With Superking Ventures For Expense Card Solutions

1 min read     Updated on 26 Feb 2026, 10:10 PM
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Reviewed by
Radhika SScanX News Team
Overview

Zaggle Prepaid Ocean Services Limited has entered into a client contract with Superking Ventures Private Limited to provide corporate expense card services. The one-year domestic agreement follows standard commercial terms with no related party implications and represents a business expansion for Zaggle's corporate expense management solutions.

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*this image is generated using AI for illustrative purposes only.

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.

Parameter: Details
Client Entity: Superking Ventures Private Limited
Contract Type: Client Contract
Service Offering: Zaggle Corporate Expense Cards
Contract Duration: One Year
Market Scope: Domestic

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.

Historical Stock Returns for Zaggle Prepaid Ocean Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.26%-3.42%-14.57%-41.22%-32.73%+47.33%
Zaggle Prepaid Ocean Services
View Company Insights
View All News
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1 Year Returns:-32.73%