Zaggle signs 5-year referral agreement with Mastercard Asia Pacific

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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

-0.5%Reaction day

₹347.80

prior close

₹348.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.6%+0.1% vs market

IT Enabled Services peers, median of 69sector+0.0%-0.5% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.5 pts less 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

+0.4

15m

+0.8

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5-0.6+0.1+0.0-0.5

Next day

+0.9-0.2+1.1+0.0+0.9

+0.3+0.1+0.2+1.1-0.9

+0.3+0.6-0.3+0.6-0.3

+3.3-0.1+3.4+0.2+3.1

+1.7-1.0+2.7-1.0+2.7

+2.4-0.0+2.4-0.2+2.6

15d

+0.3+1.1-0.7-1.2+1.6

-11.4-2.9-8.6-5.0-6.4

-14.0+0.5-14.5-3.3-10.7

-35.4-8.7-26.7-17.2-18.2

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 69Pending

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

AI summary

Zaggle has entered into a 5-year Referral Agreement with Mastercard Asia/Pacific Pte Ltd to offer MasterCard credit cards and other solutions to its customers and prospects, in exchange for additional spend linked incentives. The counterparty is an international entity, but the agreement is classified as domestic in nature. No specific monetary value for the contract has been disclosed. No related party interest is involved, and promoter group has no interest in Mastercard.

Likely market impact

Partnership with a global payments major could expand Zaggle's offerings and bring incentive-linked revenue, though no deal size is shared to gauge the financial impact.