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Zaggle Prepaid Ocean Services LimitedImportant, 11-02-2025: General Updates

11-02-2025 | 09:43 am

The Board of Directors of Zaggle Prepaid Ocean Services Limited has approved the acquisition of a 16.67% equity stake in Mobileware Technologies Private Limited from its promoters, with the transaction expected to be completed within 90 days. Currently, no payment has been made for the shares. This strategic acquisition could enhance Zaggle's capabilities and market positioning, presenting potential growth opportunities. Investors should monitor the integration of Mobileware's technologies and the anticipated synergies, as this move may positively influence Zaggle’s operational and financial performance.

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