Mumbai, January 8, 2026 – Zaggle Prepaid Ocean Services Limited (NSE: ZAGGLE, BSE: 543985) on Thursday announced that it has entered into an agreement with Cubastion Consulting Private Limited, further strengthening its presence in the corporate employee benefits and expense management segment.
Agreement Details and Scope
Under the agreement, Zaggle will provide a structured facility to procure and lease mobile phones to employees of Cubastion Consulting Private Limited through its Employee Purchase Programme. The arrangement is designed to streamline device access for employees while offering employers a managed and compliant procurement framework.The agreement has been structured as an ongoing arrangement and will remain effective until terminated in accordance with the terms agreed between the two parties.
Nature of Engagement
The engagement is domestic in nature and does not involve any promoter or group company interest. The transaction is not classified as a related-party arrangement, underscoring its arms-length commercial structure.The size of the engagement has not been quantified, as the programme is usage-based and linked to employee participation under the leasing model.
About the Company
Zaggle Prepaid Ocean Services Limited is a listed fintech company providing spend management, employee benefits, rewards, and prepaid payment solutions to enterprises and SMEs in India. The company operates platforms such as Propel, Save, and Zoyer, catering to corporate clients across sectors with technology-led payment and expense control solutions.Source:
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