Announced Thu, 14 Aug · 17:11 IST

Zaggle Prepaid Ocean Services Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

ZAGGLE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Zaggle's board, at its August 14, 2025 meeting, approved three items. First, it allotted 18,530 equity shares of face value ₹1 each to eligible employees under the Zaggle ESOP 2022, at exercise prices of ₹164 (6,603 shares) and ₹233 (11,927 shares), raising the total paid-up share capital to ₹13,42,54,022 (13,42,54,022 shares). Second, it appointed M/s. V Seshu Murty & Co, Practicing Company Secretaries, as the Secretarial Auditor for five consecutive years (FY2025-26 to FY2029-30), subject to shareholder approval. Third, it approved the re-appointment of Mrs. Prerna Tandon (DIN: 09652432) as Non-Executive Independent Director for a second five-year term from September 26, 2025 to September 25, 2030, again subject to shareholder approval.

Likely market impact

Routine governance update – the ESOP dilution is minor (~0.14%), the secretarial auditor appointment is standard, and the independent director's continuation provides board stability. No material impact on share price is expected from these disclosures.