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Zaggle achieved historic FY26 results with 46% consolidated revenue growth and 52% PAT surge. Strategy focuses on AI integration, spend management consolidation, and international expansion.
Promoter entity RAN Ventures purchased 1,00,000 shares of Zaggle Prepaid Ocean Services via the open market. This acquisition increases the promoter group's total equity stake.
Zaggle Prepaid Ocean Services secured a one-year contract from Bikaji Foods International Limited. The agreement provides employee expense management and benefits via the Zaggle Save platform.
Zaggle reported fund utilization for its ₹986.84 Crore IPO and QIP proceeds. Most funds are deployed, with some overutilization noted in general corporate purposes.
Zaggle delivered record FY26 results with 46% consolidated revenue growth, fueled by aggressive acquisitions and product expansion. Management pivoted from a 100% share purchase to an asset purchase for Dice to optimize costs.
Zaggle Prepaid Ocean Services appointed R Y M AND CO LLP as Internal Auditors for FY 2026-27. This ensures continued regulatory compliance and internal financial oversight.
Zaggle Prepaid Ocean Services appointed Mr. Venkatesh Ramachandran as Group CFO effective May 18, 2026. Mr. Rajesh Tummalaganti transitions to Deputy CFO, ensuring leadership continuity.
Zaggle achieved record FY26 consolidated revenue of ₹19,076M (+46.3% YoY) and PAT of ₹1,388M (+51.8% YoY). Strategy focuses on AI-led execution, cross-border payments via GIFT City, and recent fintech acquisitions.
Zaggle reported record FY26 revenue of ₹1,907.65 Crore, marking 46.3% YoY growth. Sustained margin improvement drove a 51.8% increase in annual profit to ₹138.75 Crore.
Zaggle executed asset and software purchase agreements to acquire Dice Enterprises Private Limited. This update marks a key milestone in completing the acquisition process.
Zaggle Prepaid Ocean Services Ltd reported revenue from operations of ₹617.9 Cr (+49.9% YoY) and net profit of ₹40.6 Cr (+30.5% YoY) for Q4 FY26.
Zaggle reported a standalone total income of ₹1,890.07 Crore for FY2026. The board approved audited results, confirming a year-on-year profit increase for investors.
Zaggle scheduled a board meeting for May 13, 2026, to approve audited financial results. Directors will also consider ESOP share allotments to eligible employees.
Zaggle received an order to provide additional features on its Zoyer platform for Honasa Consumer Limited. This agreement strengthens its existing partnership with a listed client.
Zaggle amended its Customer Service Agreement with Honasa Consumer Limited to provide additional platform features. This expansion of service capabilities strengthens their existing business relationship.
Zaggle is acquiring spend management assets from Dice Enterprises for ₹67.9 Crore. The deal expands its AI product offerings and global market presence.
Zaggle Prepaid Ocean Services Limited has reappointed Mr. Avinash Ramesh Godkhindi as Managing Director and CEO for a two-year term starting May 07, 2026. The reappointment, approved by shareholders via postal ballot, ensures leadership continuity through May 06, 2028.
Zaggle Prepaid Ocean Services Limited announced the results of its postal ballot regarding the re-appointment of Mr. Avinash Ramesh Godkhindi as MD and CEO. The ordinary resolution was passed with 99.99% majority of votes in favour. The e-voting concluded on May 04, 2026, and the scrutinizer's report confirmed the approval.
Zaggle Prepaid Ocean Services Limited entered into a three-year agreement with The Supreme Industries Limited. Zaggle will provide its Propel reward platform for channel rewards and recognition. This contract expands Zaggle's corporate client base in the rewards and loyalty segment.
Zaggle Prepaid Ocean Services Limited has secured a 3-year agreement with The Federal Bank Limited. Zaggle will provide its 'Zaggle Save' platform for employee expense management and benefits. While the total contract value is variable based on platform usage and user spend, this partnership strengthens Zaggle's presence in the banking sector.
Zaggle Prepaid Ocean Services Limited has entered into a three-year agreement with The Federal Bank Limited. Under the contract, Zaggle will provide its 'Zaggle Save' employee expense management and benefits platform to the bank. This partnership strengthens Zaggle's presence in the banking sector and provides three years of revenue visibility.
Zaggle Prepaid Ocean Services secured a 2-year agreement with Generali Central Insurance Company Limited. Zaggle will provide its Zoyer Platform to the domestic insurer. The contract value is variable, depending on monthly active users and platform spend levels over the execution period.
Zaggle Prepaid Ocean Services Limited has entered into a two-year agreement with Generali Central Insurance Company Limited. Zaggle will provide its Zoyer Platform to the insurer. This contract win demonstrates continued adoption of Zaggle's fintech solutions by major domestic corporate entities.
Zaggle Prepaid Ocean Services Limited has issued a Postal Ballot notice to seek shareholder approval for the re-appointment of Mr. Avinash Ramesh Godkhindi as MD and CEO. The proposed tenure is for two years, effective May 7, 2026. Voting concludes on May 4, 2026.
Zaggle Prepaid Ocean Services Ltd has issued a postal ballot notice seeking shareholder approval for the re-appointment of Mr. Avinash Ramesh Godkhindi as MD & CEO for two years effective May 7, 2026. The electronic voting period commences April 5, 2026, and concludes May 4, 2026.
Zaggle Prepaid Ocean Services Limited has cancelled its proposed acquisition of a 51% stake in Effiasoft Private Limited for ₹41.31 Crore. The Board reassessed the strategic need and decided not to proceed with the transaction. The acquisition was originally announced on March 27, 2025.
Zaggle Prepaid Ocean Services Ltd announced the approval of two special resolutions via postal ballot. Shareholders approved extending the Zaggle Employee Stock Option Scheme 2022 to employees of subsidiary and associate companies. Both resolutions passed with the requisite majority on April 01, 2026.
Zaggle Prepaid Ocean Services announced that CFO Venkata Aditya Kumar Grandhi will resign effective April 3, 2026. Rajesh Tummalaganti, a Chartered Accountant with over 20 years of experience, will succeed him as Chief Financial Officer on April 4, 2026. This leadership transition aims to support the company's strategic financial governance and growth.
Zaggle Prepaid Ocean Services announced the resignation of CFO Venkata Aditya Kumar Grandhi effective April 3, 2026. The board approved Rajesh Tummalaganti as Interim CFO starting April 4, 2026. This leadership transition ensures continuity in financial management until a permanent successor is appointed.
Zaggle Prepaid Ocean Services Limited has decided not to proceed with the acquisition of a 51% stake in Effiasoft Private Limited. The Board of Directors reassessed the strategic need for the acquisition and opted to cancel the deal originally proposed in March 2025.