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Zaggle: Stock jumps after deal with Megha City Gas

Zaggle Prepaid Ocean Services Limited entered a five-year agreement with Megha City Gas Distribution Private Limited to provide its Zaggle Fleet Program for domestic operations.

Introduction

Leading digital payments company entered a five-year agreement with Megha City Gas Distribution to provide its fleet management program, enhancing operational efficiency and services across domestic gas distribution networks.

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Share price movement of Zaggle

On October 23, 2025, Zaggle Prepaid Ocean Services Ltd opened at ₹359.45, up 0.63% from its previous close of ₹357.20. The stock reached a high of ₹360.30 (0.89%) and a low of ₹353.85. By 10:58 AM, it traded at ₹354.50, a 0.76% decrease, with a market cap of ₹4,759.31 crore.

Zaggle Signs Five-Year Megha City Contract

Zaggle Prepaid Ocean Services Limited has entered into a five-year agreement with Megha City Gas Distribution Private Limited. The agreement involves providing the Zaggle Fleet Program to Megha City Gas.

The contract is domestic and will be executed over a period of five years. Zaggle will deliver services under its fleet program as per the terms of the agreement.

Ace investor holding in Zaggle

Ashish Kacholia holds a 2.24% stake in Zaggle Prepaid Ocean Services Ltd, owning 3,003,356 shares valued at ₹106.4 crore.

Ajay Kumar Aggarwal holds a 1.09% stake in Zaggle Prepaid Ocean Services Ltd, owning 1,469,892 shares valued at ₹52.1 crore.

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

Zaggle Prepaid Ocean Services Ltd delivered a 0.78% return over the past week, gained 5.80% in the past six months, and declined 16.1% over the past year.

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Shareholding pattern of Zaggle

ParticularsSep 2025Jun 2025Mar 2025
Promoter44.20%44.20%44.20%
FII8.60%8.50%8.40%
DII8.60%10.60%13.30%
Public38.50%36.60%34.10%

About Zaggle

Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE), headquartered in Hyderabad, provides financial solutions and products to manage business expenses for corporates, SMEs, and startups, combining innovative workflows at the intersection of SaaS and Fintech.

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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.

FAQs

Q: Why is Zaggle Prepaid Ocean Services Ltd share price going up today?

A: Zaggle Prepaid Ocean Services Ltd share price rose after it entered a five-year agreement with Megha City Gas Distribution.

Q: How much stake does Ashish Kacholia hold in Zaggle Prepaid Ocean Services Ltd stock?.

A: Ashish Kacholia holds a 2.24% stake in Zaggle Prepaid Ocean Services Ltd, owning 3,003,356 shares valued at ₹106.4 crore.

Q: How much stake does Ajay Kumar Aggarwal hold in Zaggle Prepaid Ocean Services Ltd stock?

A: Ajay Kumar Aggarwal holds a 1.09% stake in Zaggle Prepaid Ocean Services Ltd, owning 1,469,892 shares valued at ₹52.1 crore.

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