Zaggle Prepaid board approves fund raising of up to ₹950 crore via QIP
Wed, Oct 30, 2024 5:31 PM

Zaggle Prepaid board approves fund raising of up to ₹950 crore via QIP

A Flip by Avya Verma
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Zaggle Prepaid Ocean Services plans to raise ₹950 crore through equity shares and securities to fund strategic growth and operational enhancements, following a 112% revenue growth in Q1FY25 with a 10.7% EBITDA margin. The company also appointed a new Non-Executive Director and saw its shares close 0.3% lower at ₹439.

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