BSECompany Update21 Jul 2026 · 21 Jul 2026, 01:20 pm
Intimation of investment in Unobanc Private Limited
Zaggle Prepaid Ocean Services Ltd · 543985
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Zaggle Prepaid Ocean Services Ltd has announced an investment of up to Rs. 7.97 Crores in Unobanc Private Limited, a wholly owned subsidiary of Hop Financial Solutions Limited, to strengthen its cross-border payments and remittances business.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Zaggle Prepaid Ocean Services Ltd - 543985 - Announcement under Regulation 30 (LODR)-Acquisition
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ZAGGLE/26-27/50
July 21, 2026
To To
Listing Department The Corporate Relations Department
NATIONAL STOCK EXCHANGE OF INDIA LIMITED BSE LIMITED
Exchange Plaza, Plot No C/1, G Block Phiroz Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (East), 25th Floor, Dalal Street,
Mumbai -400 051, Maharashtra Mumbai -400 001, Maharashtra
Company Symbol: ZAGGLE Company Scrip Code: 543985
Dear Sir / Madam,
Subject: Outcome of the Board Meeting
Pursuant to regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we wish to inform you, the Board of Directors of Zaggle
Prepaid Ocean Services Limited (Company) at its meeting held today i.e. July 21, 2026, has, inter alia,
approved the investment of upto Rs. 7.97 Crores, in one or more tranches, in Unobanc Private Limited.
Upon completion of the proposed investment, the Company will hold up to 19.9% of the Equity Share
Capital of Unobanc Private Limited, subject to execution of definitive agreements.
Details of the Investment, as required under Regulation 30 of Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular
No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are mentioned in
Annexure- I.
The Board meeting commenced at 11: 00 AM (IST) and concluded at 12:45 PM (IST).
Please take the information on records.
Thanking you
Yours faithfully,
For Zaggle Prepaid Ocean Services Limited
Hari Priya
Company Secretary and Compliance Officer
Encl.: As above
Annexure-I
Sl. Particulars Details
1 Name of the target entity, details Name: Unobanc Private Limited
in brief such as size, turnover etc.
Unobanc Private Limited has an issued share capital of Rs.
25,00,000 aggregate nominal value divided into a total
number of 2,50,000 Equity Shares of Rs. 10/- each.
Unobanc Private Limited, a wholly owned subsidiary of Hop
Financial Solutions Limited, provides tech infrastructure for
digital cross-border payments and remittances in India.
Unobanc Private Limited holds Fully Fledged Money
Changing (FFMC) license and has received in-principal
approval from the Reserve Bank of India for an Authorised
Dealer Category II license, offering a streamlined and entirely
digital user experience.
Financial details of Unobanc Private Limited (based on last
audited financials).
(In INR Crore)
Particulars FY 2022-23 FY 2023-24 FY 2024-25
Turnover 14.40 15.63 17.40
EBITDA 0.76 0.05 1.37
2 Whether the acquisition would No, the investment would not fall within related party
fall within related party transaction(s) and the promoter/ promoter group/ group
transaction(s) and whether the companies have no interest in the entity being acquired
promoter/ promoter group/
group companies have any
interest in the entity being
acquired? If yes, nature of
interest and details thereof and
whether the same is done at
“arm’s length”
3 Industry to which the entity being Cross-Border Payments & Remittances
acquired belongs
4 Objects and impact of acquisition The investment strengthens Zaggle's cross-border payments,
(including but not limited to, forex, and remittances, and enhances its ability to offer forex
disclosure of reasons for
financial solutions to corporate and retail customers beyond
acquisition of target entity, if its
Indian Borders
business is outside the main line
of business of the listed entity)
5 Brief details of any governmental
or regulatory approvals required Not Applicable
for the acquisition
6 Indicative time period for Within 90 days
completion of the acquisition
7 Consideration - whether cash Cash Consideration
consideration or share swap or
any other form and details of the
same
8 Cost of acquisition and/or the Investment - Up to Rs. 7.97 Crores in one or more tranches
price at which the shares are
acquired
9 Percentage of shareholding / 19.9%
control acquired and / or number
of shares acquired
10 Brief background about the Brief background:
entity acquired in terms of
products/line of business Unobanc Private Limited provides tech infrastructure for
acquired, date of incorporation, digital cross-border payments and remittances in India.
history of last 3 years turnover, Unobanc Private Limited holds an FFMC license and has
country in which the acquired received in-principal approval from the Reserve Bank of India
entity has presence and any for an Authorised Dealer Category II license, offering a
other significant information (in streamlined and entirely digital user experience.
brief)
Date of incorporation: January 24, 2019
Financial details of Unobanc Private Limited (based on last
audited financials)
(In INR Crore)
Particulars FY 2022-23 FY 2023-24 FY 2024-25
Turnover 14.40 15.63 17.40
EBITDA 0.76 0.05 1.37
The entity has its presence in India.