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 The Supreme Industries Limited.
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Zaggle Prepaid Ocean Services Limited has signed a 3-year agreement to provide its Zaggle Propel reward platform (channel rewards and recognition services) to The Supreme Industries Limited. This is a domestic commercial contract where Zaggle will deliver B2B loyalty and rewards management solutions. The deal is not a related party transaction, and neither the promoter nor promoter group has any interest in The Supreme Industries. This represents a new customer acquisition for Zaggle's reward platform business, offering revenue visibility over the 3-year period.
This contract adds a new corporate client for Zaggle's services and provides multi-year revenue visibility, which could be modestly positive for the company's earnings outlook.