Zaggle Prepaid Ocean Services Completes Acquisition, Securing Full Stake in Rivpe Technology Private Limited
Zaggle Prepaid Ocean Services Limited has completed the acquisition of a significant stake in Rivpe Technology Private Limited, securing 100% ownership across both Equity and Compulsory Convertible Preference Shares (CCPS).The company acquired 16,407 CCPS of Rivpe Technology Private Limited. These shares holdings represented 100% of the CCPS stake within Rivpe Technology Private Limited, with each share having a face value of Rs 20/-.
The acquisition of these CCPS from the existing holders was finalized on June 11, 2026. Following this transaction, Zaggle Prepaid Ocean Services Limited now holds a consolidated 100% stake across both Equity and CCPS in Rivpe Technology Private Limited.
ZAGGLE Stock Price Movement
Zaggle Prepaid Ocean Services Limited's stock rallied on Friday, closing at ₹208.80 after gaining 7.99% in a strong session. The equity saw significant activity, with a total traded volume of 1.76 million shares recorded during the market day.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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