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Zaggle Prepaid Ocean Services Share Price in Focus; Signs Agreement with BIBA Fashion to Provide Zoyer Platform

Written by: Team Angel OneUpdated on: 21 Nov 2025, 6:01 pm IST
Zaggle signs a 36-month domestic contract to provide its Zoyer enterprise platform to BIBA Fashion Limited, with no related-party links disclosed.
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Zaggle Prepaid Ocean Services Ltd has informed the stock exchanges that it has signed an agreement with BIBA Fashion Limited. The disclosure, submitted on November 20, 2025, states that the arrangement is for providing BIBA access to Zaggle’s enterprise platform, Zoyer. The update has been filed under SEBI’s listing disclosure requirements.  

Scope and Duration 

According to the exchange filing, the contract is a domestic standard service agreement. Zaggle is required to provide the Zoyer platform for 36 months, as specified in the annexure shared with the exchanges. The filing does not mention any commercial value or size of the contract.  

Nature of the Transaction 

Zaggle has clarified that this agreement does not involve any related-party element. The company has stated that its promoters and promoter group do not have any interest in BIBA Fashion Limited. The contract is not categorised as a related-party transaction under SEBI rules.  

The Zoyer platform includes digital processing, expense management and automation of enterprise workflows. It is used to manage processes and transactions within organisations. Under the agreement, Zaggle’s responsibility is limited to providing platform access and services related to Zoyer.  

Zaggle Prepaid Ocean Services Share Price Performance  

As of November 21, 2025, 09:20 AM, Zaggle Prepaid Ocean Services share price was trading at ₹382.90, a 0.55% decline from the previous close. 

Read More: Reliance Infrastructure Sets Up New Board of Management, Plans Major Investments in Defence and Renewables! 

Conclusion  

The agreement confirms a three-year deployment of Zaggle’s Zoyer platform for BIBA Fashion Limited. No commercial figures have been disclosed, and the transaction does not fall under related-party rules. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Nov 21, 2025, 12:31 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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