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

+0.3%Reaction day

₹347.85

prior close

₹353.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%+0.1% vs market

IT Enabled Services peers, median of 71sector-0.4%+0.7% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.7 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.3+0.2+0.1-0.4+0.7

Next day

+0.7+1.1-0.4+0.5+0.2

-0.7+1.4-2.1-0.5-0.3

-3.0+0.7-3.7-1.4-1.7

-3.5+0.7-4.3-1.0-2.5

-7.7-1.2-6.5-2.3-5.4

-11.5-3.7-7.7-5.0-6.5

15d

-21.6-9.0-12.7-11.3-10.3

-18.1-6.8-11.2-10.3-7.8

-35.6-7.6-28.0-14.9-20.7

-35.9-12.3-23.6-21.8-14.1

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 71Pending

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

AI summary

Zaggle has signed a 7-year Growth Agreement with Visa Worldwide Pte. Ltd., under which Visa will incentivize Zaggle to launch and promote co-branded domestic prepaid cards on the Visa network. While the counterparty is an international entity, the transactions under this agreement are classified as domestic. No specific monetary value of the contract has been disclosed in the filing. The agreement is not a related-party transaction and the promoters have no interest in Visa. Signed by MD & CEO Avinash Ramesh Godkhindi on December 31, 2025.

Likely market impact

This is a long-term strategic partnership with one of the world's largest payments networks, which could boost Zaggle's prepaid card business over the next 7 years, though the absence of a disclosed contract value makes it hard to quantify the financial impact immediately.