Zaggle Prepaid Ocean Services announces the departure of their CFO, Venkata Aditya Kumar Grandhi, effective April 3, 2026. The company has appointed Rajesh Tummalaganti as interim CFO starting from April 4, 2026, until a permanent replacement is found.

Zaggle has abandoned its plans to acquire a majority stake in Effiasoft, following a reevaluation. This move overturns the initial acquisition announcement made on March 27, 2025.

Zaggle has decided to abandon its plans for acquiring Effiasoft, withdrawing from the proposed deal. This move comes as a change in the company's strategic direction regarding acquisitions.

Zaggle's shares skyrocketed by 15% due to a promising 40% growth forecast for FY27, driven by increased client acquisitions, cross-selling, and AI-driven cost savings. The company has streamlined operations by reducing tech workforce by 25% and shortening product cycles to 3-6 months.

Zaggle's shares saw a significant 16% rise, following the positive response from investors due to an optimistic financial year 2027 growth forecast presented by the company.

Zaggle Prepaid Ocean Services has acquired full ownership of Rivpe Technology as of March 30, 2026, making Rivpe a wholly-owned subsidiary of Zaggle.

Zaggle secures a five-year deal with Fanuc India for handling their employee expense management, ensuring no conflicts of interest or related party transactions are involved in the agreement.