Zaggle secures 10-year contract with Forever New Apparels under employee purchase programmeZaggle secures 10-year contract with Forever New Apparels under employee purchase programme

Introduction

Leading prepaid services provider informed exchanges about a domestic agreement with Forever New Apparels Private Limited to offer employee mobile phone procurement and leasing services.

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Share price movement of Zaggle

On January 21, 2026, Zaggle Prepaid Ocean Services Ltd opened at ₹288.55, up 0.57% from its previous close of ₹287.00. The stock reached a high of ₹288.70 (0.59%) and a low of ₹278.15 (3.03%). By 10:58 AM, it traded at ₹279.85 with a market cap of ₹3,749.87 crore.

Zaggle Signs Agreement with Forever New

Zaggle Prepaid Ocean Services Limited informed exchanges that it executed an agreement with Forever New Apparels Private Limited under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 today.

Under the agreement, Zaggle will provide facilities to procure and lease mobile phones to employees of Forever New Apparels Private Limited through its Employee Purchase Programme for ten years period.

The agreement is domestic in nature and will be executed over a 10 year period, with no separate consideration amount disclosed by Zaggle Prepaid Ocean Services Limited to stock exchanges.

Stock performance of Zaggle for Period of 1 week, 6 months, and 1 year

Zaggle Prepaid Ocean Services Ltd declined 6.19% over the past week, fell 29.3% in the past six months, and dropped 46.5% over the past one year.

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Shareholding pattern of Zaggle

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	44.20%	44.20%	44.20%
FII	8.60%	9%	8.40%
DII	8.60%	10.60%	13.30%
Public	38.50%	36.60%	34.10%

About Zaggle

Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE) provides financial solutions and products for corporates, SMEs, and startups, enabling automated, innovative workflows to manage business expenses efficiently.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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