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Zaggle Prepaid Ocean Services to Raise Funds via Warrant Issuance

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Zaggle Prepaid Ocean Services to Raise Funds via Warrant Issuance

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Zaggle Prepaid Ocean Services Limited ( (IN:ZAGGLE) ) has shared an update.

Zaggle Prepaid Ocean Services Limited announced the approval of raising funds through the issuance of up to 10,58,201 warrants at a price of Rs. 567 each, totaling nearly Rs. 60 crores. This strategic move aims to enhance the company’s capital structure and is subject to regulatory approvals and shareholder consent at an upcoming Extra-Ordinary General Meeting.

More about Zaggle Prepaid Ocean Services Limited

Zaggle Prepaid Ocean Services Limited operates in the financial services industry, focusing on prepaid solutions and financial technology products. The company provides a range of services including prepaid cards and digital payment solutions, catering to both corporate and individual clients.

Average Trading Volume: 72,546

Technical Sentiment Signal: Sell

Current Market Cap: 45.72B INR

See more insights into ZAGGLE stock on TipRanks’ Stock Analysis page.

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