Zaggle Prepaid Ocean Services Limited (Zaggle) has officially entered into a strategic agreement with The Supreme Industries Limited. This collaboration, effective from May 06, 2026, focuses on enhancing rewards and recognition systems within the domestic market. The formal notice was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Under the terms of this three-year domestic agreement, Zaggle will provide its specialized “Zaggle Propel” reward platform to The Supreme Industries Limited. This platform is designed specifically for channel rewards and recognition, aiming to streamline and simplify spend management for the partnering entity. The transaction is not classified as a related party transaction, and no promoter group interests are involved in the awarding entity.

Zaggle Prepaid Ocean Services Limited, founded in 2011, is a leading Indian fintech and SaaS player specializing in spend management, prepaid cards, and employee engagement solutions. In 2025, the company expanded its footprint through the acquisition of Greenedge Limited to bolster its loyalty sector capabilities and received board approval for a subsidiary in GIFT City called Zaggle Payments IFSC Ltd. Recent updates from early 2026 include strategic agreements with Federal Bank, Generali Central Insurance Company, and Blue Star Limited to provide various expense management platforms.

For the last reported quarterly result ending December 31, 2025 (Q3 FY26), the company reported a total income of ₹534.21 Crores, representing a 21.0% growth over the previous quarter and a 56.9% increase compared to the corresponding quarter of the previous year. Net profit for the same period reached ₹37.06 Crores, marking an 87.7% increase year-on-year. Notable institutional investors and stakeholders in the company as of 2025-2026 include Ashish Kacholia, The Vanguard Group, and ValueQuest Investment Advisors.