Deals15 Dec 2025, 10:41 pm
Zaggle Prepaid Ocean Services Ltd Enters Advertisement Agreement with Bennett Coleman and Company Limited
AI Summary
Zaggle Prepaid Ocean Services Limited has entered into an advertisement agreement with Bennett Coleman and Company Limited (BCCL) for advertising of the company and its subsidiaries' products, services, and brands in the media. The agreement does not provide any special rights to BCCL, and there is no related party transaction involved. Additionally, the company has entered into a Warrant Subscription Agreement with BCCL for subscribing to 7,05,467 warrants, each carrying a right to subscribe to one equity share at a price of Rs. 567 per warrant. The transaction amount is Rs. 39,99,99,789.
Key Highlights
- Zaggle Prepaid Ocean Services Limited has entered into an advertisement agreement with Bennett Coleman and Company Limited.
- The agreement is for advertising of the company and its subsidiaries' products, services, and brands in the media.
- No special rights have been granted to BCCL in the agreement.
- Zaggle Prepaid Ocean Services Limited has also entered into a Warrant Subscription Agreement with BCCL.
- The Warrant Subscription Agreement is for subscribing to 7,05,467 warrants, each carrying a right to subscribe to one equity share.