Zaggle‍‌‍‍‌‍‌‍‍‌‍‌‍‍‌‍‌‍‍‌ Prepaid Ocean Services Limited Share Price Surge After Reporting a Strategic Acquisition

December 9, 2025: The share price of Zaggle Prepaid Ocean Services Limited surged 2.15% to close at ₹347.80, following the company’s announcement of its full acquisition of Greenedge Enterprises Private Limited. The acquisition, finalised on 5 December 2025, will make Greenedge a wholly owned subsidiary of Zaggle, driving investor optimism and pushing the stock higher.

Zaggle Makes a Strategic Acquisition

Zaggle Prepaid Ocean Services Limited has announced that it took over 100% ownership of Greenedge Enterprises Private Limited, which was completed on December 05, 2025. This information was also shared with the National Stock Exchange of India Limited and BSE Limited through the letter dated December 9, 2025.

The transaction is in line with Zaggle’s overall business plan to broaden its business and market share. Therefore, the acquisition of Greenedge Enterprises can be a critical milestone in the process.

Regulatory Compliance and Previous Intimations

The acquisition complied with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The first notices, dated June 5, 2025, and September 29, 2025, respectively, were conveyed through the correspondence ZAGGLE/25-26/29 and ZAGGLE/25-26/74. 

Besides providing information about the process, these communications served as a regulatory mechanism for the business stakeholders.

Changes in Zaggle’s Corporate Structure

As a result of the Greenedge Enterprises transaction, the corporate structure of Zaggle Prepaid Ocean Services Limited has changed. Greenedge Enterprises is a company owned by a single parent that operates independently and therefore maintains harmony with the general plan and aspirations for growth of Zaggle.

Source: https://www.bseindia.com/stock-share-price/zaggle-prepaid-ocean-services-ltd/zaggle/543985/corp-announcements/

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