RAN Ventures Private Limited, a member of the Promoter Group of Zaggle Prepaid Ocean Services Limited, has increased its shareholding in the company. Through an open market transaction on May 19, 2026, the entity acquired 50,000 equity shares. This strategic acquisition reinforces the promoter group’s commitment and confidence in the company’s future growth trajectory.
Share Acquisition Details
On May 19, 2026, RAN Ventures Private Limited successfully purchased 50,000 equity shares of Zaggle Prepaid Ocean Services Limited. The transaction was executed via the open market, reflecting the promoter group’s active participation in strengthening its equity position in the company.
Impact on Shareholding Structure
Following this transaction, the promoter group’s total holding in the company rose from 5,94,66,789 shares to 5,95,16,789 shares. This acquisition brings the promoter group’s stake to 44.26% of the total voting capital. The total diluted share capital of the company currently stands at 13,55,16,646 equity shares of Rs. 1 each.
Promoter Group Composition
The acquisition was made by RAN Ventures Private Limited, with the support of several key individuals and entities acting in concert, including Raj P Narayanam, Avinash Ramesh Godkhindi, Quadigo Ventures LLP, and Sumedha Rao. These entities and individuals remain collectively aligned with the company’s long-term operational and strategic goals.
Source: BSE
