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Zaggle builds world-class financial solutions and products to manage the business expenses of corporates, SMEs, & Startups through automated and innovative workflows.
Zaggle Prepaid Ocean Services has announced that an income tax appeal for Assessment Year 2024-25 was dismissed. The company maintains strong merits in its case and plans to pursue further legal recourse by filing an appeal with the Income Tax Appellate Tribunal.
Zaggle Prepaid Ocean Services Limited reported zero bribery, data privacy, or human rights complaints for FY 2025–26 alongside 1.38 Cr in CSR investments. Backed by key global security certifications, the digital-first fintech firm continues strengthening its governance and stakeholder engagement frameworks.
Maharashtra Scooters has initiated a postal ballot for shareholders to approve changing the company's name and its object clause, signaling a potential strategic business shift. Separately, Zaggle, Protean, Finolex, Sakthi Sugars, and Eyantra Ventures announced their routine Annual General Meetings for September, offering e-voting.
Zaggle used Rs. 11.05 Cr excess from IPO funds for GCP without approval; IPO fund utilization faces persisting delays. QIP funds completed Rivpe acquisition (Rs. 10.32 Cr) & bought software (Rs. 26.72 Cr), but faced delays & commingling of funds.
Zaggle revenue surged 27.5% YoY to ₹423.27 Cr. PAT dropped 32.9% to ₹17.53 Cr due to acquisition costs (Dice, Zagg.Money) and employee increments. Strategic investment of ₹8 Cr in Unobanc boosts cross-border payments. Dice acquisition brings new enterprise clients and accelerates AI integration.