Zaggle Prepaid Ocean Services Limited announced the execution of a new agreement with Rebel Foods Private Limited, a domestic entity. The contract involves Zaggle providing its flagship Zaggle Zoyer Platform to Rebel Foods. This agreement has a defined execution period of 1 year. The company confirmed that the terms of this contract are established on an ‘arms length’ basis, involving no related party interests.
Zaggle Secures New Service Agreement
Zaggle Prepaid Ocean Services Limited has formally executed an agreement with Rebel Foods Private Limited, confirming a significant new business contract. This development was disclosed following the execution date of February 12, 2026.
Key Contract Details
The specifics of the arrangement, detailed in Annexure A, confirm the following:
- Awarding Entity: Rebel Foods Private Limited (A Domestic entity).
- Nature of Contract: A formal Agreement.
- Service Provided: Zaggle shall provide the Zaggle Zoyer Platform to Rebel Foods Private Limited.
- Duration: The time period for the execution of the order(s)/contract(s) is set for 1 year.
Related Party Disclosure
In compliance with disclosure requirements, the management confirmed that there is No promoter, promoter group, or group company interest in Rebel Foods Private Limited that awarded the contract. Furthermore, the company verified that this order will not fall within the scope of related party transactions, as the same is done at “arms length”.
The official communication was signed by Avinash Ramesh Godkhindi, Managing Director and Chief Executive Officer.
Source: BSE
