Zaggle Prepaid Ocean Services Share Price Surges Over 3%; Signs 3-Year Agreement with Blue Star Limited

Zaggle Prepaid Ocean Services Limited has entered into a 3-year agreement with Blue Star Limited, according to a regulatory filing dated 5 March 2026. 

The agreement relates to the provision of a digital expense and employee benefits platform to Blue Star. The filing was submitted by the company’s Managing Director and Chief Executive Officer, Avinash Ramesh Godkhindi.  

Nature of the Services 

Under the agreement, Zaggle will provide its “Zaggle Save” platform to Blue Star Limited. The platform is used by companies to manage employee expense claims and benefits through a structured digital system.  

Such systems are generally used to handle reimbursements, track corporate spending, and administer employee benefit programmes. The arrangement forms part of Zaggle’s corporate expense management services. 

Contract Period and Structure 

The agreement will remain in force for a period of three years. It has been classified as a domestic contract, with both the service provider and the client operating within India.  

The filing does not disclose the financial value of the agreement. Instead, the broad consideration mentioned relates to the provision of Zaggle Save services to Blue Star over the contract period. 

Compliance Disclosures 

Zaggle stated in its filing that the agreement does not fall under related-party transactions. The company also confirmed that neither its promoters nor group companies have any interest in Blue Star Limited in connection with the contract.  

These details were included in the annexure accompanying the exchange filing, outlining key information about the agreement. 

Zaggle Prepaid Ocean Services Share Price Performance  

As of March 6, 2026, 10:10 am, Zaggle Prepaid Ocean Services share price was trading at ₹224.80, a 3.32% increase from the previous closing price. 

Read More: DCX Systems Share Price Surges Over 9%; Receives ₹68.05 Crore Order from HAL! 

Conclusion 

The 3-year arrangement will see Zaggle provide employee expense management and benefits services to Blue Star Limited through its digital platform.  

The company has not disclosed the monetary size of the agreement but confirmed that it will be executed domestically over the stated period. 

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