Zaggle Prepaid Ocean Services Signs Agreement with Generali Central Insurance Company Limited
Zaggle Prepaid Ocean Services Limited has entered into an agreement with Generali Central Insurance Company Limited, which was previously known as Future Generali India Insurance Company Limited.The details of the agreement have been provided, outlining the key terms between the two entities.
The agreement involves Zaggle providing the Zaggle Zoyer Platform to Generali Central Insurance Company Limited. In terms of the transaction details, the contract is with a domestic entity. The nature of the agreement is noted as an Agreement, and the anticipated time period for execution is 2 Years.
Key details of the agreement awarded by Generali Central Insurance Company Limited are summarized below:
| Sr. No. | Particulars | Description |
|---|---|---|
| Name of the entity awarding the order(s)/contract(s) | Generali Central Insurance Company Limited (formerly known as Future Generali India Insurance Company Limited) | |
| Significant terms and conditions of order(s)/contract(s) awarded in brief | Zaggle would provide Generali Central Insurance Company Limited (formerly known as Future Generali India Insurance Company Limited), Zaggle Zoyer Platform | |
| Whether order(s) / contract(s) have been awarded by domestic/ international entity | Domestic Entity | |
| Nature of order(s) / contract(s) | Agreement | |
| Whether domestic or international | Domestic | |
| Time period by which the order(s)/contract(s) is to be executed | 2 Years | |
| Broad consideration or size of the order(s)/contract(s) | Zaggle would provide Generali Central Insurance Company Limited (formerly known as Future Generali India Insurance Company Limited), Zaggle Zoyer Platform | |
| Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof | No | |
| Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at 'arms length' | No |
Avinash Ramesh Godkhindi, Managing Director and Chief Executive Officer of Zaggle Prepaid Ocean Services Limited, is associated with the company.
ZAGGLE Stock Price Movement
On Friday, Zaggle Prepaid Ocean Services Limited shares slipped by 0.21% to settle at ₹251.47. Trading on the day saw the stock move amidst a volume of 1.63 million shares.Source:
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