Zaggle Prepaid Ocean Services Signs Agreement with Honda India
Filing Summary
Zaggle Prepaid Ocean Services Limited has entered into an agreement with Honda India Power Products Limited. The agreement involves Zaggle providing its Zaggle Save solution, which focuses on employee expense management and benefits, to Honda India. This domestic contract is set to be executed over a period of two years. There is no involvement of related party transactions, and no interest from the promoter group in this agreement. The filing was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
Zaggle Prepaid Ocean Services Limited has announced the execution of an agreement with Honda India Power Products Limited. This information was disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agreement was formalized on January 23, 2026, and communicated to the National Stock Exchange of India Limited and BSE Limited.
The agreement specifies that Zaggle will provide its Zaggle Save solution to Honda India. This solution is designed for employee expense management and benefits. The contract is domestic in nature and will be executed over a period of two years. The filing confirms that there are no related party transactions involved in this agreement, and the promoter or promoter group has no interest in the entity awarding the contract.
The filing includes an annexure detailing the significant terms and conditions of the contract. It states that the agreement is purely domestic, with no international elements involved. The document also clarifies that the contract does not fall within the scope of related party transactions, ensuring compliance with regulatory standards.
Honda India Power Products Limited is a company engaged in the manufacturing and distribution of power products. It focuses on providing reliable and efficient power solutions across various sectors. The company aims to enhance its operational efficiency through strategic partnerships and technological advancements.
Zaggle Prepaid Ocean Services Limited specializes in providing innovative fintech solutions, including prepaid cards and expense management systems. The company focuses on leveraging technology to streamline financial processes and enhance operational efficiency for its clients. Zaggle aims to expand its service offerings and strengthen its market presence through strategic collaborations.