Zaggle Prepaid Ocean Services Acquires 100% Stake in Rivpe Technology, Making it a Wholly Owned Subsidiary

Zaggle Prepaid Ocean Services Limited (Company) has acquired 100% equity stake, i.e. 67,813 Equity shares of Face Value of Rs. 10 each, in Rivpe Technology Private Limited (RTPL). This acquisition makes RTPL a wholly owned subsidiary of the Company with effect from March 30, 2026. Furthermore, Omnicash Fintech Private Limited, a wholly owned subsidiary of RTPL, has now become a step-down wholly owned subsidiary of the Company. The Company is in the process of acquiring Compulsory Convertible Preference Shares (CCPS) from the existing CCPS holders in terms of the Share Purchase Agreement dated December 05, 2025.