Zaggle Prepaid Ocean Services Limited has informed the Exchange about Bagging/Receiving of orders/contracts
ZAGGLE · price
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Awaiting price reaction for this filing.
Zaggle Prepaid Ocean Services has signed a 3-year services agreement with Hitachi Cash Management Services Private Limited, a domestic entity. Under this deal, Zaggle will provide its 'Zaggle Propel' product to Hitachi Cash Management Services. The contract value or financial size has not been disclosed in the filing. The transaction is not a related party deal, and the promoter/promoter group has no interest in Hitachi Cash Management Services.
This new domestic contract adds another corporate client for Zaggle's Propel platform, potentially supporting revenue growth over the next three years. Without disclosed order value, the immediate stock impact may be limited, but the association with a reputed Hitachi group entity could enhance credibility.