Zaggle Prepaid Ocean Services Limited (ZAGGLE) — Announcement | 12 June 2026

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📢 Key Event
Zaggle completes acquisition of 100% stake in Rivpe Technology

🔄 What Changed
Acquisition finalized, moving from pending to completed ownership

💡 Investor Takeaway
Shareholders now own a wholly controlled subsidiary with no remaining external equity exposure.

Zaggle Prepaid Ocean Services announced it completed the acquisition of 16,407 compulsory convertible preference shares in Rivpe Technology Private Limited, securing a 100% stake in both equity and CCPS. The transaction closed on June 11, 2026, finalizing the previously disclosed plan to take full control of the target company.

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About Zaggle Prepaid Ocean Services Limited (ZAGGLE)

Information Technology · IT - Services · Listed on NSE

Market Cap: ₹2,831.96 Cr P/E: 33.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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