BSEOthers21 Jul 2026 · 21 Jul 2026, 01:03 pm

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 ....

Zaggle Prepaid Ocean Services Ltd · 543985

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Zaggle Prepaid Ocean Services Ltd has approved the 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 Impact8/10
Growth Catalyst9/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10

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Zaggle Prepaid Ocean Services Ltd - 543985 - Board Meeting Outcome for Outcome Of The Board Meeting

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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.