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Management change

Zaggle Prepaid Ocean Services: Intimation of Details of the Key Managerial Personnel of the Company

Zaggle Prepaid Ocean Services (ZAGGLE) filed a disclosure titled "Intimation of Details of the Key Managerial Personnel of the Company". The company is valued at about ₹2,220 crore.

BCEIE News Desk · Published 6 Nov 2026, 06:51 pm IST · Filing received 6 Nov 2026, 06:34 pm IST

What happened

Zaggle Prepaid Ocean Services (ZAGGLE) filed a disclosure with the exchanges on 6 November 2026 at 06:34 PM titled "Intimation of Details of the Key Managerial Personnel of the Company".

Company snapshot

Zaggle Prepaid Ocean Services is a small-cap company in the Information Technology sector, with a market value of about ₹2,220 crore.

The stock last traded at ₹165.1, against a 52-week range of ₹146.7–₹405.4 (59.3% below the high).

Before this filing the shares had moved −3.1% over the month and −19.9% over three months. Average daily turnover over the last 20 sessions was about ₹21.75 crore.

Promoters held 44.30% at the end of Q1 FY27, up 0.15% points from the previous quarter; 1.60% of promoter shares were pledged. Foreign institutions owned 2.31% and domestic institutions 5.43%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY2633226.11.94
Q2 FY26432352.61
Q3 FY2652636.42.76
Q4 FY2661840.63.03
Q1 FY2742317.51.3

What history shows

This is not the company's first management change disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.

After those filings, the stock fell 1.5% on average the next trading day and was down 1.3% on average after five days (3 filings with price data).

Across 68 similar disclosures by other Information Technology companies, shares moved −0.5% on average the next day and −0.4% over five days; 47% of them rose the next day.

Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
29 Sept 2026Re-designation of Mr. Arun Vijaykumar Gupta from Non-Executive…−1.2%−0.9%
29 Sept 2026Re-appointment of Statutory Auditor of the Company−1.2%−0.9%
21 Jul 2026Intimation Of Details Of The Key Managerial Personnel Of The Company…−2.1%−1.9%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 13 November 2026: Board meeting — Financial Results/Other business matters.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.