Zaggle partners with Euronet for co-branded prepaid card solutions

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ZAGGLE · price

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Price reactionminutes from the announcement price · days from the prior close

+4.9%Reaction day

₹285.00

prior close

₹298.85

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%+3.9% vs market

IT Enabled Services peers, median of 72sector+0.4%+4.5% vs sector

On the reaction day the stock moved 3.9 pts more than Nifty Microcap 250 and 4.5 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+4.9+1.0+3.9+0.4+4.5

Next day

+4.1+0.5+3.7-0.0+4.2

+6.8-0.0+6.9-1.1+8.0

-0.2-1.5+1.3-3.6+3.4

-4.7-2.2-2.5-4.1-0.6

-8.5-1.2-7.2-3.7-4.8

-15.5-2.4-13.1-5.6-9.9

15d

-24.4-8.8-15.6-13.6-10.9

-21.2-8.3-12.9-12.8-8.4

-11.7-3.5-8.1-9.1-2.6

-11.4+6.4-17.8-4.6-6.8

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Zaggle has signed a 5-year co-branding partnership with Euronet Services India to launch co-branded prepaid card solutions for corporates. The offering will integrate with Zaggle's spend management platform, providing real-time visibility, compliance, and automated expense management. The deal is with a domestic entity and is not a related party transaction. No specific contract value was disclosed.

Likely market impact

Positive strategic move to scale Zaggle's SaaS platform and expand reach in the corporate prepaid cards market over the next 5 years.