Zaggle Prepaid Ocean Services Share Price in Focus; Acquires 100% Stake in Greenedge Enterprises

Zaggle Prepaid Ocean Services Limited has announced the acquisition of Greenedge Enterprises Private Limited (GEPL), securing a 100% equity stake.
This acquisition, completed on December 5, 2025, positions Greenedge Enterprises as a wholly owned subsidiary of Zaggle.
Zaggle's Strategic Acquisition
On December 5, 2025, Zaggle Prepaid Ocean Services Limited finalised the acquisition of Greenedge Enterprises Private Limited by purchasing a 100% equity stake. This strategic move was officially communicated to the National Stock Exchange of India Limited and BSE Limited on December 9, 2025.
The acquisition aligns with Zaggle's broader strategy to expand its business operations and enhance its market presence. By acquiring Greenedge Enterprises, Zaggle aims to leverage new opportunities and strengthen its competitive position in the industry.
Regulatory Compliance and Previous Intimations
The acquisition was conducted in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Prior intimations regarding this acquisition were made on June 5, 2025, and September 29, 2025, under Intimation Nos. ZAGGLE/25-26/29 and ZAGGLE/25-26/74, respectively.
These communications ensured transparency and adherence to regulatory requirements, providing stakeholders with timely updates on the acquisition process.
Zaggle's Corporate Structure Post Acquisition of Greenedge
With the acquisition of Greenedge Enterprises, Zaggle Prepaid Ocean Services Limited has expanded its corporate structure. Greenedge Enterprises now operates as a wholly owned subsidiary, contributing to Zaggle's overall business strategy and growth objectives.
Read More: Zaggle Prepaid Ocean Services to Acquire Rivpe Technology in Fintech Expansion!
Zaggle Prepaid Ocean Services Share Price Performance
As of December 09, 2025, at 3:30 PM, Zaggle Prepaid Ocean Services share price on NSE was closed at ₹345.55 up by 1.84% from the previous closing price.
Conclusion
The acquisition of Greenedge Enterprises by Zaggle Prepaid Ocean Services Limited marks a significant milestone in the company's growth trajectory. By securing a 100% stake, Zaggle has reinforced its commitment to strategic expansion and operational excellence.
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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Dec 9, 2025, 5:02 PM IST

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