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 has entered into a 3-year agreement with Blue Star Limited to provide its 'Zaggle Save' platform, which covers Employee Expense Management and Benefits. The order is from a domestic entity and is structured as an agreement rather than a one-time contract. The filing confirms there is no promoter or related-party interest in Blue Star, and the deal is not a related-party transaction. The financial size or value of the contract has not been disclosed in the filing.
Adds Blue Star (a well-known listed company) as a client for Zaggle's expense management business, which is a positive business development, though the lack of disclosed contract value makes it hard to gauge the impact on revenue. Watch for any follow-up disclosure on deal size.