Announced Sat, 23 May · 17:14 IST

Zaggle Prepaid Ocean Services Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement Changes View source PDF

ZAGGLE · price

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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹216.35
prior close
₹217.00
base price
After-mkt
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AI summary

Mr. Srikanth Gaddam has tendered his resignation as Chief Technology Officer (CTO) of Zaggle Prepaid Ocean Services Limited. The resignation, citing personal reasons, was submitted on May 22, 2026, with his last working day being May 27, 2026. The company has notified both NSE and BSE under SEBI LODR Regulations, submitting the resignation letter and required Annexure-A documentation. Hari Priya, Company Secretary and Compliance Officer, signed the disclosure on May 23, 2026. The departure of a senior technology leader during business hours leaves a critical role vacant at the fintech/payments company.

Likely market impact

The resignation of the CTO for personal reasons may create uncertainty around technology leadership and ongoing initiatives. Investors should monitor for replacement appointments, as the CTO role is critical for a tech-driven prepaid services company.