Zaggle Prepaid Ocean Services Signs One-Year Agreement with Rebel Foods Private Limited

1 min read     Updated on 12 Feb 2026, 10:14 AM
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Overview

Zaggle Prepaid Ocean Services Limited has signed a one-year agreement with Rebel Foods Private Limited to provide Zaggle Zoyer Platform services. The domestic agreement, announced on February 12, 2026, does not involve related party transactions or promoter group interests, representing a standard commercial arrangement between the fintech company and Rebel Foods.

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

Zaggle Prepaid Ocean Services Limited has entered into a strategic agreement with Rebel Foods Private Limited, the company announced in a regulatory filing dated February 12, 2026. The agreement involves the provision of Zaggle's Zoyer Platform services to Rebel Foods, marking a significant business development for the fintech company.

Agreement Details

The key parameters of the agreement are outlined in the regulatory disclosure:

Parameter: Details
Contracting Entity: Rebel Foods Private Limited
Service Provision: Zaggle Zoyer Platform
Agreement Duration: 1 year
Nature: Domestic Agreement
Entity Type: Domestic

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 provided comprehensive details as required under SEBI Master Circular Ho/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Transaction Structure

The agreement represents a standard commercial arrangement between the two entities. Key aspects include:

  • No Related Party Interest: The promoter, promoter group, or group companies have no interest in Rebel Foods Private Limited
  • Arms Length Transaction: The agreement does not fall within related party transactions
  • Domestic Focus: Both the contracting entity and nature of services are domestic

Platform Services

Under the agreement, Zaggle will provide its Zoyer Platform services to Rebel Foods Private Limited. The Zoyer Platform represents one of Zaggle's key service offerings in the fintech and prepaid services space. The one-year duration provides a structured timeline for service delivery and performance evaluation.

The agreement was signed by Avinash Ramesh Godkhindi, Managing Director and Chief Executive Officer of Zaggle Prepaid Ocean Services Limited, with the digital signature executed on February 12, 2026. This partnership with Rebel Foods Private Limited demonstrates Zaggle's continued expansion in providing platform-based financial technology solutions to corporate clients.

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Zaggle Prepaid Ocean Services Signs 3-Year Agreement with Hindware Limited for Propel Reward Platform

1 min read     Updated on 10 Feb 2026, 06:08 PM
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Overview

Zaggle Prepaid Ocean Services Limited has executed a 3-year agreement with Hindware Limited to provide its Zaggle Propel reward platform services. The domestic contract, announced on February 10, 2026, represents a strategic business development with no related party transaction implications. The agreement ensures arms-length commercial terms and positions Zaggle for expanded market presence in reward platform solutions.

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

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.

Parameter Details
Contracting Entity Hindware Limited
Service Provider Zaggle Prepaid Ocean Services Limited
Platform Zaggle Propel reward platform
Contract Duration 3 years
Nature Domestic Agreement

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.

Compliance Aspect Status
Related Party Transaction No
Promoter Interest No
Arms Length Transaction Yes
Domestic Entity Yes

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.

Historical Stock Returns for Zaggle Prepaid Ocean Services

1 Day5 Days1 Month6 Months1 Year5 Years
+2.42%+1.33%-0.44%-19.03%-20.29%+92.11%
Zaggle Prepaid Ocean Services
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1 Year Returns:-20.29%