Announced Fri, 17 Apr · 12:08 IST
Zaggle signs 3-year agreement with Federal Bank for employee expense management
Business Updates View source PDF
ZAGGLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.5%1-day move
₹265.00
prior close
₹264.63
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.5-0.4-0.9-4.5-1.5-1.6-0.8-3.5-3.8-4.7-17.4-20.7-20.9
Up moveDown movePending
AI summary
Zaggle Prepaid Ocean Services has entered into a 3-year agreement with The Federal Bank Limited to provide 'Zaggle Save', its employee expense management and benefits platform. The contract is with a domestic entity and is not a related party transaction. No monetary value of the contract has been disclosed by the company.
Likely market impact
Positive — adds a major private bank client to Zaggle's platform, supporting revenue visibility, though deal size remains undisclosed.