Zaggle Prepaid Ocean Services Ltd

Director Re-designation

• AGM on Sep 29, 2026 approved redesignation of Arun Gupta from Non-Executive Independent to Non-Executive Non-Independent Director.
• Regulatory basis: Regulation 30 LODR; approved at the 15th AGM held Sep 29, 2026 at 4:42 PM IST.

Auditor appointment

• Type: Re-appointment of statutory auditor.
• Firm: M S K A & Associates LLP.
• Role: Statutory Auditor.
• Term: Five-year term from AGM conclusion to the 20th AGM.
• Effective date: September 29, 2026 AGM.
• Reason: Board recommendation for re-appointment.
• Profile: Established 1978; ICAI and PCAOB registered.
• Profile: Offices across 12 Indian cities.
• Profile: Services include audit, assurance, tax, and advisory.

AGM Details

• Date and time: September 29, 2026, 03:30 PM IST.
• Mode: VC/OAVM.

Key Resolutions

• Ordinary: Adopt standalone financial statements for FY2025-26 and related reports.
• Ordinary: Adopt consolidated financial statements for FY2025-26 and auditors' report.
• Ordinary: Re-appointment of Dr Raj P Narayanam as director on rotation.
• Ordinary: Re-appointment of M S K A & Associates LLP as statutory auditor and remuneration.
• Special: Re-designation of Arun Vijaykumar Gupta to Non-Independent Non-Executive Director.

Voting Status

• Outcome pending; results to be declared within two working days and posted on company and exchange websites.

Director Changes

• Re-appointment of Dr Raj P Narayanam as director on rotation.
• Designation change: Arun Vijaykumar Gupta redesignated from NIE to Non-Independent Non-Executive Director.

Auditor Appointments

• Statutory auditor re-appointment: M S K A & Associates LLP; remuneration fixed.

Zaggle Prepaid Ocean Services Limited trading window closed from October 01, 2026 till 48 hours after the declaration of the Standalone and Consolidated Unaudited Financial Results for the quarter and half year ending September 30, 2026

Agreement details

• Bandhan AMC Limited is the awarding entity.
• Nature and scope: Zaggle will provide Zaggle Zoyer SaaS platform.
• Contract value: not disclosed; fee depends on active users and spend.
• Jurisdiction: domestic entity; execution is ongoing until termination.
• Key terms: SaaS-based arrangement with variable program fee tied to usage.
• No promoter/group interest; no related party transactions.
• Impact: potential revenue visibility not disclosed in this filing.

Tax dispute update

• Appeal against IT Department assessment for AY 2024-25 dismissed on Sept 8, 2026.
• Company will pursue legal remedies and file ITAT appeal within prescribed timelines.
• Assessment Order dated March 25, 2026 and Demand under Sec 156 referenced.

AGM notice publication

• AGM notice for Zaggle's 15th Annual General Meeting published in Financial Express and Prajasakti on Sep 8, 2026.
• Publication made under Regulation 30 of SEBI LODR Regulations 2015.

BRSR overview

• BRSR report submitted for FY2025-26 under LODR.
• Certifications: ISO 27001, ISO 9001, PCI DSS, SOC 1 Type 2, SOC 2 Type 2.

Governance & policy framework

• No dedicated sustainability committee; MD/CEO oversees ESG governance.
• Policies include anti-bribery/anti-corruption, whistleblower, and RPT; Board oversight.

Environmental metrics

• GHG: Scope 2 193.88 tCO2e; Scope 1 0 tCO2e.
• Energy: non-renewables 997.12 GJ; intensity 0.052 GJ per ₹m turnover.

Water & renewables

• Water: 56.86 kL withdrawn; water intensity 0.0029 per turnover.
• No renewable energy usage; no PAT designated consumers.

Social & CSR

• CSR spend ₹13.82 million; allocations to healthcare, education, women empowerment, rural development.
• 310 permanent employees with 100% health and accident coverage.

AGM details

• Date/time: 29 Sep 2026 at 3:30 PM IST via VC/OAVM.
• Mode: VC/OAVM; venue deemed the registered office.
• Cut-off for e-voting: 22 Sep 2026.
• Attendance: up to 2,000 members on first-come basis.

Key resolutions

• Ordinary: Adopt standalone financial statements for year ended 31 Mar 2026.
• Ordinary: Adopt consolidated financial statements for year ended 31 Mar 2026.
• Ordinary: Re-appoint Dr. Raj P Narayanam as Director, retiring by rotation.
• Ordinary: Re-appoint M S K A & Associates LLP as Statutory Auditor.
• Ordinary: Remuneration for Statutory Auditor to be fixed by Board.
• Special: Redesignate Arun Gupta from Non-Executive Independent to Non-Independent Director.

Auditor appointments

• M S K A & Associates LLP re-appointed as Statutory Auditor for five years.

Director changes

• Raj P Narayanam to be re-appointed as Director, retiring by rotation.
• Arun Vijaykumar Gupta redesigned as Non-Executive Non-Independent Director, effective Aug 14, 2026.

Key highlights

• Revenue ₹19,076.46m; YoY up 46.3%.
• PAT ₹1,387.55m; YoY up 57.9%.
• Basic EPS ₹10.28; Diluted ₹10.26.
• Dividends not declared for FY2025-26; policy in place.
• 3,915 corporate customers and 3.9 million active users; churn <1.5%.
• Acquisitions: GreenEdge (Dec 2025) and Rivpe (Mar 2026) expand loyalty and consumer finance.
• Asset-based Dice Enterprises acquisition to accelerate spend-management capabilities.
• QIP ₹5,948.41m; completed Dec 2024.
• Warrants issued: 1,058,201 at ₹567; 25% paid.
• Total income ₹19,456.49m; YoY up 46.23%.