RAN Ventures Acquires Shares in Zaggle Prepaid Ocean Services Ltd in Open Market Transaction
RAN Ventures Private Limited, a promoter group entity, has acquired 16,900 equity shares of Zaggle Prepaid Ocean Services Limited from the open market on June 19, 2026. The acquisition pertains to the stock holdings of the target company (TC), Zaggle Prepaid Ocean Services Limited.The purchase represents a minor change in stake for the acquirer. As per the reported data, before the acquisition, RAN Ventures Private Limited held shares equivalent to 43.94% of the total diluted share/voting capital of Zaggle Prepaid Ocean Services Limited.
Following the open market transaction, the holding of shares carrying voting rights by the acquirer increased marginally. The target company's total diluted share/voting capital also saw a slight increase after the acquisition.
Key details regarding the pre and post acquisition holdings are summarized below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares carrying voting rights (Acquirer) | 5,95,46,789 (43.94%) | 5,95,63,689 (43.95%) |
| Total Diluted Share/Voting Capital of TC | 13,44,58,445 Equity Shares of Rs. 1/- | 13,55,16,646 Equity Shares of Rs. 1/- |
The acquisition details are further outlined in the table below:
| Category | Details |
|---|---|
| Acquirer | RAN Ventures Private Limited (Promoter Group) |
| Transaction Type | Open Market Purchase |
| Date of Acquisition | June 19, 2026 |
| Shares Acquired | 16,900 equity shares |
The report also details the composition of the acquiring entity and Persons Acting in Concert (PAC) as part of this transaction. RAN Ventures Private Limited is identified as the primary acquirer, with Raj P Narayanam being listed among the PAC members, alongside Avinash Ramesh Godkhindi, Quadigo Ventures LLP, and Sumedha Rao.
ZAGGLE Stock Price Movement
Shares of Zaggle Prepaid Ocean Services Limited are edging higher to ₹210.35 as of 10:40 AM today, bolstered by a 0.41% gain in live trading. The stock has been active, with 177,874 shares traded during the session so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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