Zaggle Prepaid shares surge nearly 14% following agreement with EaseMyTrip for 3 years

Zaggle Prepaid Ocean Services Limited witnessed a significant surge in its shares, soaring nearly 14% following the announcement of a strategic agreement with Easy Trip Planners Limited (EaseMyTrip). As of 1:38 PM, the company’s shares were trading at ₹288.15, marking a substantial increase of 13.58%.

The agreement between Zaggle and EaseMyTrip, disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, signifies a promising partnership that is expected to yield mutually beneficial outcomes for both entities.

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The details of the agreement, as mandated by the regulatory framework, have been duly provided in Annexure – A of the disclosure submitted to the BSE website. This agreement underscores Zaggle’s commitment to forging strategic alliances aimed at enhancing its market presence and driving growth in the prepaid services sector.

Investors responded positively to the news, reflecting confidence in the potential synergies and opportunities arising from the collaboration between Zaggle Prepaid and EaseMyTrip.