Zaggle Signs Agreement with Hindware for Reward Platform
Filing Summary
Zaggle Prepaid Ocean Services Ltd has entered into an agreement with Hindware Limited. Under this agreement, Zaggle will provide its Propel reward platform to Hindware. The contract is domestic and will be executed over a period of three years. There is no involvement of promoter or promoter group in this transaction, and it does not qualify as a related party transaction. The agreement is part of Zaggle’s ongoing efforts to expand its service offerings in the domestic market.
Zaggle Prepaid Ocean Services Ltd has entered into an agreement with Hindware Limited as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agreement involves Zaggle providing its Propel reward platform to Hindware.
The contract is domestic in nature and will be executed over a period of three years. The agreement specifies that there is no interest from the promoter or promoter group in Hindware, and it does not constitute a related party transaction.
Hindware Limited is a company engaged in the business of providing sanitaryware and bathroom solutions. The company focuses on enhancing its product offerings and expanding its market presence through strategic partnerships and technology integration.
Zaggle Prepaid Ocean Services Ltd specializes in providing digital payment solutions and reward platforms. The company aims to enhance its service portfolio and strengthen its position in the domestic market through strategic agreements and technological advancements.