NSEAwarding of order(s)/contract(s)1 Jul 2026 · 1 Jul 2026, 01:27 pm
Awarding of order(s)/contract(s)
Zaggle Prepaid Ocean Services Limited · ZAGGLE
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Zaggle Prepaid Ocean Services Limited has entered into an agreement with Hindustan Petroleum Corporation Limited for their Flagship Fleet programme - Driver Track Plus to provide loyalty reward points funded by HPCL for the purchase of Petroleum Products to ZAGGLE’s Corporate/Fleet and Retail Customers and fuel consumers.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Zaggle Prepaid Ocean Services Limited has informed the Exchange about Awarding of order(s)/contract(s)
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ZAGGLE/26-27/47
July 01, 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,
Sub: Intimation for execution of Agreement with Hindustan Petroleum Corporation Limited
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, this is to inform you that Zaggle Prepaid Ocean Services Limited
(Zaggle) has entered into an agreement with Hindustan Petroleum Corporation Limited on June 30, 2026.
In this regard, we hereby enclose the necessary details in Annexure-A as required under the Securities
and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read
with SEBI Master Circular Ho/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Please take the information on records.
Thanking you
Yours faithfully,
For Zaggle Prepaid Ocean Services Limited
Avinash Ramesh Godkhindi
Managing Director and Chief Executive officer
DIN: 05250791
Encl.: As above
Annexure – A
Particulars Description
Name of the entity awarding the
1 Hindustan Petroleum Corporation Limited
order(s)/contract(s)
Zaggle has partnered with HPCL for their Flagship
Fleet programme - Driver Track Plus to provide
Loyalty reward points funded by HPCL for the
Significant terms and conditions of purchase of Petroleum Products to ZAGGLE’s
order(s)/contract(s) awarded in brief Corporate/Fleet and Retail Customers and fuel
consumers designated by integration of ZAGGLE’s
Platform through the "Drive Track Plus", the Fleet
Card Program of HPCL
Whether order(s) / contract(s) have been
3 Domestic Entity
awarded by domestic/ international entity
4 Nature of order(s) / contract(s) Agreement
5 Whether domestic or international Domestic
Time period by which the
6 5 Years
order(s)/contract(s) is to be executed
Value of order(s)/contract(s): The commercial
consideration under the agreement will be
proportional to the number of users onboarded by
Broad consideration or size of the Zaggle and the fuel spends on HPCL Drive Track Plus
order(s)/contract(s) by Zaggle's corporate, fleet, and retail customers
during the tenure of the agreement. Accordingly, it
would be difficult to ascertain the value or amount
of the contract at this stage
Whether the promoter/ promoter group /
group companies have any interest in the
8 entity that awarded the No
order(s)/contract(s)? If yes, nature of
interest and details thereof
Whether the order(s)/contract(s) would
fall within related party transactions? If
9 No
yes, whether the same is done at “arms
length”