Zaggle Prepaid Ocean Services Limited has entered into a strategic agreement with Hindware Limited to provide reward platform services, the company announced in a regulatory filing on February 10, 2026. The agreement marks a significant business development for Zaggle's digital reward solutions portfolio.

Agreement Details

The comprehensive agreement outlines Zaggle's commitment to deliver its Zaggle Propel reward platform services to Hindware Limited over an extended period. The partnership represents a domestic business arrangement that will leverage Zaggle's expertise in reward and incentive management solutions.

Contract Structure and Terms

The agreement establishes a clear framework for service delivery, with Zaggle committed to providing comprehensive reward platform solutions. The domestic nature of the contract ensures compliance with local regulatory requirements and business practices.

Key aspects of the arrangement include:

• Service Scope: Zaggle shall provide the Zaggle Propel reward platform to Hindware Limited
• Contract Type: Standard commercial agreement
• Geographic Coverage: Domestic operations
• Execution Timeline: 3-year implementation and service period

Regulatory Compliance and Transparency

The agreement maintains strict adherence to corporate governance standards, with no related party transaction implications. The arrangement ensures complete independence between the contracting parties, with no promoter or group company interests involved.

Strategic Business Impact

This partnership positions Zaggle to expand its reward platform services within the domestic market, leveraging its technological capabilities to serve Hindware Limited's customer engagement requirements. The 3-year contract duration provides stability and long-term revenue visibility for Zaggle's reward platform division.

The agreement was formally disclosed to both NSE and BSE under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring complete transparency with stakeholders and regulatory authorities.

Zaggle Prepaid Ocean Services Limited has announced a strategic partnership with Euronet Services India Private Limited through a co-branding agreement that will enhance the company's prepaid card offerings for corporate clients. The partnership was disclosed to stock exchanges on February 10, 2026, in compliance with regulatory requirements.

Partnership Details

The collaboration between Zaggle and Euronet Worldwide focuses on launching co-branded prepaid card solutions specifically designed for corporate customers. This partnership represents a significant expansion of Zaggle's service portfolio in the financial technology sector.

Strategic Benefits and Integration

The new offering will integrate seamlessly with Zaggle's existing spend management platform, providing corporate clients with enhanced capabilities. The partnership aims to deliver several key benefits:

• Enhanced control over corporate spending
• Real-time visibility into expense transactions
• Automated expense management processes
• Improved compliance and operational efficiency

According to the company's disclosure, this partnership will enable Zaggle to scale its Software-as-a-Service (SaaS) offering while significantly increasing its market reach in the prepaid cards segment.

Regulatory Compliance

The partnership announcement was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the agreement does not involve any related party transactions and that promoters or group companies have no interest in Euronet Services India Private Limited.

Market Positioning

This strategic alliance positions Zaggle to better serve the growing demand for integrated corporate expense management solutions. By combining Euronet's prepaid card infrastructure with Zaggle's spend management technology, the partnership creates a comprehensive solution for enterprise clients seeking streamlined financial operations and enhanced spending controls.