Zaggle Prepaid Ocean Services Signs Agreement with Aye Finance
Filing Summary
Zaggle Prepaid Ocean Services Limited has entered into an agreement with Aye Finance Limited, as per Regulation 30 of SEBI (LODR) Regulations, 2015. The agreement involves Zaggle providing facilities to procure and lease mobile phones to Aye Finance employees under Zaggle’s Employee Purchase Programme. This domestic agreement remains effective until terminated as specified within the agreement. There are no related party transactions involved. The agreement does not involve any interest from the promoter or promoter group of Zaggle in Aye Finance.
Zaggle Prepaid Ocean Services Limited has executed an agreement with Aye Finance Limited as disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agreement was formalized on January 30, 2026, and communicated to the National Stock Exchange of India Limited and BSE Limited.
The agreement specifies that Zaggle will provide facilities to procure and lease mobile phones to the employees of Aye Finance under Zaggle’s Employee Purchase Programme. The agreement is categorized as a domestic contract and will remain effective until terminated as specified within the agreement. The filing confirms that there are no related party transactions involved, and the promoter or promoter group of Zaggle does not have any interest in Aye Finance.
The agreement outlines that Zaggle will facilitate the procurement and leasing of mobile phones, enhancing the employee benefits offered by Aye Finance. The terms and conditions of the agreement are in line with the requirements set forth by the Securities and Exchange Board of India.
Aye Finance Limited is a financial services company focused on providing business loans to micro and small enterprises in India. The company aims to bridge the gap in financial inclusion by offering accessible credit solutions to underserved segments.
Zaggle Prepaid Ocean Services Limited specializes in providing prepaid card solutions and employee benefit programs. The company focuses on leveraging technology to offer innovative financial solutions to businesses and their employees, enhancing operational efficiency and employee satisfaction.