Zaggle Enters Agreement with CNH Industrial for Reward Platform

Zaggle Prepaid Ocean Services Ltd has announced the execution of an agreement with CNH Industrial (India) Private Limited. The agreement was disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agreement entails Zaggle providing its Zaggle Propel reward platform to CNH Industrial.

The contract is classified as a domestic agreement and is set to be executed over a period of three years. The filing specifies that there is no involvement of the promoter or promoter group of Zaggle in CNH Industrial, and the agreement does not fall under related party transactions.

The filing includes an annexure detailing the significant terms and conditions of the agreement. It confirms that the order was awarded by a domestic entity, CNH Industrial, and outlines the nature of the agreement as a provision of the Zaggle Propel reward platform.

CNH Industrial is a global leader in the capital goods sector, with a wide range of products and services. The company focuses on industrial equipment and vehicles, providing solutions across various sectors including agriculture and construction.

Zaggle Prepaid Ocean Services Ltd specializes in providing digital payment solutions and reward platforms. The company is focused on enhancing its technological offerings and expanding its client base through strategic agreements and partnerships.