Zaggle signs 10-year agreement with Forever New Apparels for Employee Purchase Programme
Zaggle Prepaid Ocean Services Limited has signed a 10-year agreement with Forever New Apparels Private Limited. Under the deal, Zaggle will offer its Employee Purchase Programme to lease mobile phones to Forever New Apparels employees. The contract is domestic and was executed on January 20, 2026.
The agreement is for a significant duration (10 years) and involves providing a service to a corporate client, which is expected to contribute to the company's business, but the financial value is not explicitly stated, limiting the immediate impact assessment.
The announcement details a new long-term agreement, indicating business expansion and revenue generation potential.
Zaggle Prepaid Ocean Services Limited (Zaggle) has entered into an agreement with Forever New Apparels Private Limited. Under this agreement, Zaggle will provide the facility to procure and lease mobile phones to the employees of Forever New Apparels Private Limited through Zaggle’s Employee Purchase Programme.
This domestic contract is for a duration of 10 years. The agreement was executed on January 20, 2026. Neither the promoter, promoter group, nor group companies of Zaggle have any interest in Forever New Apparels Private Limited, and the contract does not fall under related party transactions. The company has provided the necessary details as required by SEBI regulations.
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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.