Investment2 April 2026 at 10:35 am
Zaggle Prepaid Ocean Services Invests Rs. 49.99 Crore in Rivpe Technology
AI Summary
Zaggle Prepaid Ocean Services Limited has invested Rs. 49,99,99,939.92 in Rivpe Technology Private Limited. This investment was made in the form of a rights issue, with RTPL allotting 3,42,147 Equity shares of Face Value of Rs. 10 each to the Company. This investment does not result in any change in the shareholding of the Company in RTPL, which remains a wholly owned subsidiary.
Key Highlights
- Zaggle Prepaid Ocean Services Limited invests Rs. 49.99 crore in Rivpe Technology Private Limited
- Investment made in the form of a rights issue
- RTPL allots 3,42,147 Equity shares of Face Value of Rs. 10 each to Zaggle Prepaid Ocean Services Limited
- Zaggle Prepaid Ocean Services Limited's investment does not result in any change in shareholding in RTPL
- RTPL remains a wholly owned subsidiary of Zaggle Prepaid Ocean Services Limited