Zaggle Prepaid Ocean Services Limited has announced the execution of a new agreement with AGP City Gas Private Limited. This partnership, effective from October 27, 2026, outlines the terms for Zaggle’s services to AGP City Gas. The agreement is for a period of one year, with potential for extension. Details regarding the financial consideration are dependent on active user engagement and voucher redemptions.
Zaggle Announces New Partnership
Zaggle Prepaid Ocean Services Limited (Zaggle) has entered into a significant new agreement with AGP City Gas Private Limited. The partnership was officially executed on October 27, 2026.
Agreement Details and Duration
As per the terms outlined, Zaggle will provide its Propel platform to AGP City Gas Private Limited. This agreement is categorized as a domestic contract. The duration of this agreement is set for a period of one year, with provisions for earlier termination as stipulated within the agreement’s clauses.
Consideration and Future Outlook
The financial consideration for this contract is variable, directly linked to the number of active users and redeemed vouchers on the platform each month. Due to this dynamic structure, the exact value or amount of the contract cannot be precisely ascertained at this initial stage. The parties involved have confirmed that this transaction is conducted at arm’s length and there are no promoter interests in AGP City Gas.
Source: BSE
