Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 this is to inform you that Zaggle Prepaid Ocean Services Limited has entered into an Agreement with Bikaji Foods International Limited
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Zaggle Prepaid Ocean Services Limited has entered into a 1-year agreement with Bikaji Foods International Limited to provide its Zaggle Save employee expense management and benefits platform. The agreement is a domestic B2B SaaS contract where Zaggle will serve as the service provider. The exact contract value cannot be determined at this stage as fees will depend on the number of active users and their spending volumes over time. The agreement is not a related party transaction and no promoter interest exists in Bikaji Foods.
This represents new client acquisition for Zaggle's SaaS-based expense management platform. While the financial impact cannot be quantified immediately, securing Bikaji Foods as a client demonstrates continued business development. The stock could see modest positive reaction given the new revenue opportunity, though the absence of disclosed contract size limits market impact.