Zaggle Prepaid Ocean Services Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Business Updates View source PDF Explain this filing

ZAGGLE · price

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

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

+0.6%Reaction day

₹355.00

prior close

₹355.85

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%+1.3% vs market

IT Enabled Services peers, median of 68sector-1.0%+1.6% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.6 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

-0.3

10m

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15m

-0.3

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6-0.7+1.3-1.0+1.6

Next day

+1.7-1.0+2.7-1.1+2.8

-0.3-1.4+1.1-2.1+1.8

+1.0-2.4+3.4-3.4+4.4

-1.2-4.5+3.3-4.3+3.0

-0.9-5.3+4.4-5.0+4.1

-4.0-4.3+0.3-3.9-0.1

15d

-3.0-4.6+1.6-5.6+2.7

-0.8-2.2+1.3-2.2+1.4

+3.5-5.6+9.1-8.3+11.8

+3.4-6.6+10.0-8.5+11.9

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 68Pending

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

AI summary

Zaggle has entered into a 3-year strategic partnership with AU Small Finance Bank (AU SFB) to launch co-branded prepaid cards powered by Zaggle's platform. The cards will automate employee rewards, benefits, expense management and reimbursements for AU SFB's corporate clients. The agreement covers co-branded prepaid payment instruments issuance, program management and distribution. No promoter group interest is involved and it is not a related party transaction.

Likely market impact

This is a positive development as it expands Zaggle's footprint in the banking sector through a partnership with a growing small finance bank, potentially adding a new revenue stream over the 3-year contract period. However, the financial value of the contract has not been disclosed, limiting ability to gauge materiality.