Acquisitions12 Jun 2026, 10:51 pm
Zaggle Prepaid Acquires 100% Stake in Rivpe Technology
AI Summary
Zaggle Prepaid Ocean Services Limited has successfully acquired 100% of the Compulsory Convertible Preference Shares (CCPS) in Rivpe Technology Private Limited. This acquisition, comprising 16,407 CCPS of face value Rs 20 each, was completed on June 11, 2026. Following this transaction, Zaggle Prepaid now holds a complete 100% stake in Rivpe Technology, encompassing both equity and CCPS.
Key Highlights
- Zaggle Prepaid completes acquisition of Rivpe Technology.
- Acquired 100% of Compulsory Convertible Preference Shares.
- Total stake in Rivpe Technology is now 100% (Equity & CCPS).
- Transaction completed on June 11, 2026.
Price Impact
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