Zaggle secures ₹9.84 crore contract from General Insurance Corporation of India
Zaggle secured a ₹9.84 crore contract from General Insurance Corporation of India to provide employee expense management and benefits services, to be executed from November 2025 to November 2028.
The contract value of ₹9.84 crore is substantial and will contribute to the company's revenue over a three-year period, representing a notable positive impact on its business operations.
The company has secured a significant new contract from a government entity, which indicates business growth and a positive outlook for future revenue.
Zaggle Prepaid Ocean Services Limited (Zaggle) has been awarded a contract by General Insurance Corporation of India, Department of Financial Services, Ministry of Finance. Key details of the contract are: * Zaggle was the lowest bidder (L1) for Bid Number: GEM/2025/B/6626171. * The contract value is ₹9,84,00,000/- (Rupees Nine Crore Eighty Four Lakh Only). * Zaggle will provide "Zaggle Save" (Employee expense management & benefits) services. * The contract is domestic. * The execution period for the order is from November 5, 2025, to November 5, 2028. * There is no interest of promoter/promoter group/group companies in the entity awarding the contract. * The contract does not fall under related party transactions.
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Zaggle Prepaid Ocean Services Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Zaggle Prepaid Ocean Services Limited. Read the original for the full detail.