Zaggle Prepaid Ocean Services Limited has entered into a significant agreement with Mahindra First Choice Wheels Limited. This agreement centers around the provision of the Zaggle Propel reward platform to Mahindra First Choice, aimed at enhancing customer engagement and loyalty.
The agreement, formalized under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155, highlights key aspects of the deal:
- Entity Awarding the Contract: Mahindra First Choice Wheels Limited
- Nature of Agreement: Propel Service Agreement
- Execution Timeframe: 1 Year
- Order Size: Zaggle will provide Mahindra First Choice Wheels Limited with its state-of-the-art Zaggle Propel reward platform for a duration of one year.
This domestic agreement marks a crucial step for Zaggle in its ongoing efforts to expand its reward services within the Indian market.
In the meantime, Zaggle Prepaid shares opened at 565.00, reaching a high of 576.00 and a low of 554.00 during the trading day. The stock’s 52-week high stands at 591.90, while its 52-week low is 207.35.
