Zaggle Prepaid Ocean Services has received approval for the acquisition of 9,00,000 Equity Shares of face value of Rs 10 each at a price of Rs 275 per share (including a premium of Rs 265 per share) constituting 45% stake in Span Across IT Solutions (Span Across) Consequent to which Span Across will become an associate of the Company. The proposed acquisition gives opportunity to enter new segment of employee related business. The Board of Directors of the Company at their meeting held on March 27, 2024 has approved the same.
Zaggle Prepaid Ocean Services operates in a segment where it interacts and interface with it Customers (i.e., businesses) and end Users (i.e., employees) and is among a small number of uniquely positioned players with a diversified offering of fintech products and services.
Company Name | CMP |
---|---|
One97 Communications | 376.90 |
Infibeam Avenues | 35.01 |
Zaggle Prepaid Ocean | 307.40 |
PB Fintech | 1257.55 |
Suvidhaa Infoserve | 6.00 |
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