Zaggle Prepaid Ocean Services Limited has announced significant changes in its key managerial personnel. Venkatesh Ramachandran has been elevated to Group Chief Strategy and Transformation Officer, effective November 6, 2026. Concurrently, Samar Vijay Pupala has been appointed as the new Chief Financial Officer (CFO), also effective from November 6, 2026. This reshuffling aims to strengthen strategic initiatives and financial leadership within the company.
Key Managerial Personnel Changes at Zaggle
Zaggle Prepaid Ocean Services Limited has disclosed important changes in its leadership structure following a Board of Directors meeting held on November 6, 2026. These changes are in line with the company’s strategic objectives and aim to enhance its operational and financial management.
New Strategic Role for Venkatesh Ramachandran
In a significant move, Mr. Venkatesh Ramachandran has been promoted to the position of Group Chief Strategy and Transformation Officer. This new role, effective from November 6, 2026, is designed to bolster the company’s efforts in shaping, refining, and executing its high-priority strategic structuring initiatives and driving long-term enterprise value. Mr. Ramachandran has consequently resigned from his position as Group Chief Financial Officer (CFO), with his resignation effective from the close of business hours on November 5, 2026. His letter of resignation was attached as an annexure to the disclosure.
Samar Vijay Pupala Appointed Chief Financial Officer
Following the recommendation of the Audit Committee and the Nomination and Remuneration Committee, the Board of Directors has appointed Mr. Samar Vijay Pupala as the new Chief Financial Officer (CFO) of the Company. This appointment is effective from November 6, 2026. Mr. Pupala brings extensive global finance experience, with over 30 years of cross-border leadership in areas such as equity markets, banking, fintech, digital payments, and e-commerce across India, the Middle East, West Africa, and East Africa. His expertise includes financial strategy, corporate restructuring, and M&A due diligence. Most recently, he served as Senior Finance Director at Kyosk Digital Services and Y9 Inc.
Board Meeting Details
The Board meeting where these decisions were made commenced at 04:00 PM IST and concluded at 04:21 PM IST on November 6, 2026. The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: BSE
