FilingReader Intelligence

Zaggle provides working capital loan to Dice Enterprises

October 2, 2025 at 01:49 PM UTCBy FilingReader AI

On October 2, 2025, Zaggle Prepaid Ocean Services Limited announced a loan agreement with Dice Enterprises Private Limited, executed on October 1, 2025. Zaggle Prepaid Ocean Services Limited will act as the lender, and Dice Enterprises Private Limited as the borrower, for working capital purposes.

The loan has a maximum value of up to INR 15 Crores and is provided for a period of 12 months. It carries an interest rate of 12% per annum, repayable in one or more tranches on demand. No security details were provided by the borrower.

Zaggle Prepaid Ocean Services Limited confirmed there is no shareholding in Dice Enterprises Private Limited, and the transaction is not considered a related party transaction under the "arm's length" principle. The company is required to make these disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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