Zaggle Share Price Gains Nearly 2% on HPCL Partnership for Drive Track Plus Fleet Programme

Zaggle Prepaid Ocean Services Limited announced a partnership with Hindustan Petroleum Corporation Limited (HPCL) on June 30, 2026, as per the exchange filings.  

Details of the Zaggle and HPCL Agreement 

The partnership between Zaggle and HPCL is centred on the Drive Track Plus programme. This initiative will provide loyalty reward points funded by HPCL for the purchase of petroleum products. The integration aims to enhance the experience for Zaggle’s corporate, fleet, and retail customers, as well as other designated fuel consumers. 

Domestic Partnership and Execution Timeline 

The agreement is domestic in nature and is set to be executed over a period of 5 years. The commercial consideration under this agreement will depend on the number of users onboarded by Zaggle and the fuel spends on HPCL Drive Track Plus by Zaggle's customers during the agreement's tenure. 

Financial Considerations and Stakeholder Interests 

The financial value of the agreement is currently difficult to ascertain as it is proportional to user engagement and fuel consumption. There is no interest from the promoter group or related parties in the entity awarding the contract, ensuring the agreement does not fall within related party transactions. 

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Zaggle Prepaid Ocean Services Share Price Performance  

As of July 01, 2026, at 1:53 PM, Zaggle Prepaid Ocean Services share price on NSE was trading at ₹210.87, up by 1.96% from the previous closing price. 

Conclusion 

Zaggle's partnership with Hindustan Petroleum Corporation Limited involves a 5-year agreement to provide loyalty rewards through the Drive Track Plus programme. The financial consideration is linked to user engagement and fuel spends, with no related party interests involved. 

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