Zaggle Calls Off Acquisition of Effiasoft

Zaggle Prepaid Ocean Services Ltd. has decided not to proceed with its proposed acquisition of a 51% stake in Effiasoft Private Limited.
The decision was made by the Board of Directors in a meeting held on April 3, 2026, reassessing the strategic need for the acquisition.
The company had previously intimated the proposed acquisition to the stock exchanges in March 2025.
This update is a formal regulatory disclosure to the stock exchanges, as required by SEBI regulations.