ZAGGLE/23-24/27

Zaggle
Why Haggle! When you can Zaggle!

November 7, 2023

To To
Listing Department, The Corporate Relations Department
NATIONAL STOCK EXCHANGE OF INDIA BSE LIMITED
LIMITED Phiroz Jeejeebhoy Towers,
Exchange Plaza, Plot No C/1, G Block 25th Floor, Dalal Street,
Bandra Kurla Complex, Bandra (East), Mumbai -400 001, Maharashtra
Mumbai-400 051, Maharashtra
Company Symbol:ZAGGLE Company Scrip Code: 543985

Dear Sir / Madam,

Sub: Outcome of the Board Meeting held on November 7, 2023.

The Board of Directors of the Company at its meeting held today,November , 2023, at the registered
office of the company, has inter alia, considered and approved the standalone and consolidated Un
audited Financial Results of the Company for the quarter and half year ended on September 30, 2023,
pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015.

We enclose herewith the said Un-audited standalone and consolidated Financial Results of the
Company along with the Limited Review Report issued by the Joint Statutory Auditors of the
Company.
The Board Meeting commenced at 5:00PM and concluded at 6:15 PM
Please take the information on record.

Yours faith fully,

For Zaggle Prepaid Ocean Services Limited
LE
PRAO
PAID CEAN

Ha Priya
Company Secretary and Compliance OfficA HYDERABAD)

propel ave Zoyer

Zaggle Prepaid Ocean Services Limited
(formerly known as Zaggle Prepaid Ocean Services Private Limited)
Regd. Office: 301, IIFloor, CSR Estate, Plot No.8, Sector 1, HUDA Techno Enclave, Madhapur Main Road,
Hyderabad, Rangareddi- 500081, Telangana. Ph.: 040 23119049
CIN: U65999TG2011PLC074795 |PAN: AAACZ4965E | accounts.hyd@zaggle.in | www.zaggle.in
P R S V & Co. LLP M S K A & Associates
Chartered Accountants Chartered Accountants
202, Saptagiri Residency, 1101/B, Manjeera Trinity Corporate,
1-10-98/A, Chikoti Gardens, Begumpet, JNTU-Hitech City Road, Kukatpally,
Hyderabad - 500 016. Hyderabad- 500 072.

Independent Auditors’ Review Report on unaudited standalone financial results for the quarter
and year to date of Zaggle Prepaid Ocean Services Limited (formerly known as Zaggle Prepaid
Ocean Services Private Limited) pursuant to the Regulation 33 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, as amended.

To The Board of Directors of Zaggle Prepaid Ocean Services Limited (formerly known as Zaggle
Prepaid Ocean Services Private Limited)

1. We have reviewed the accompanying statement of unaudited standalone financial results of

Zaggle Prepaid Ocean Services Limited (formerly known as Zaggle Prepaid Ocean Services
Private Limited) (the “Company”) for the quarter ended September 30, 2023 and the year to-
date results for the period from April 1, 2023 to September 30, 2023 (the “Statement”) attached
herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended (the “Regulations”). Attention is drawn to the fact that the
figures for the corresponding quarter ended September 30, 2022 and the corresponding year to-
date from April 1, 2022 to September 30, 2022, as reported in the Statement has been approved
by the Company’s Board of Directors but have not been subjected to review.
2. This Statement, which is the responsibility of the Company’s Management and approved by the
Company’s Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in Indian Accounting Standard 34 ‘Interim Financial
Reporting’ (‘Ind AS 34’), prescribed under Section 133 of the Companies Act, 2013 read with
relevant rules issued thereunder and other recognized accounting principles generally accepted
in India and in compliance with the Regulations. Our responsibility is to express a conclusion on
the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review
Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent
Auditor of the Entity” issued by the Institute of Chartered Accountants of India (ICAI). A review
of interim financial information consists of making inquiries, primarily of persons responsible for
financial and accounting matters, and applying analytical and other review procedures. A review
is substantially less in scope than an audit conducted in accordance with Standards on Auditing
and consequently does not enable us to obtain assurance that we would become aware of all
significant matters that might be identified in an audit. Accordingly, we do not express an audit
opinion.
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our
attention that causes us to believe that the accompanying Statement prepared in accordance
with the recognition and measurement principles laid down in Ind AS 34, prescribed under
Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other
recognized accounting principles generally accepted in India has not disclosed the information
required to be disclosed in terms of the Regulations including the manner in which it is to be
disclosed, or that it contains any material misstatement.

For P R S V & Co. LLP For M S K A & Associates

Chartered Accountants Chartered Accountants
ICAI Firm Registration No. S200016 ICAI Firm Registration No.105047W

_________________ ________________________
Y Venkateswarlu Ananthakrishnan Govindan
Partner Partner
Membership No. 222068 Membership No. 205226
UDIN:23222068BGTWCE9155 UDIN: 23205226BGWEHO6175

Place: Hyderabad Place: Hyderabad

Date: November 7, 2023 Date: November 7, 2023
 P R S V & Co. LLP M S K A & Associates
Chartered Accountants Chartered Accountants
202, Saptagiri Residency, 1101/B, Manjeera Trinity Corporate,
1-10-98/A, Chikoti Gardens, Begumpet, JNTU-Hitech City Road, Kukatpally,
Hyderabad - 500 016. Hyderabad- 500 072.

Independent Auditors’ Review Report on Unaudited Consolidated financial results for the
quarter and year to-date financial result of Zaggle Prepaid Ocean Services Limited (formerly
known as Zaggle Prepaid Ocean Services Private Limited) pursuant to the Regulation 33 of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To The Board of Directors of Zaggle Prepaid Ocean Services Limited (formerly known as Zaggle
Prepaid Ocean Services Private Limited)

1. We have reviewed the accompanying statement of unaudited consolidated financial results of

Zaggle Prepaid Ocean Services Limited (formerly known as Zaggle Prepaid Ocean Services
Private Limited) (the “Holding Company”) and its subsidiary, (the Holding Company and its
subsidiary together referred to as the “Group”) for the quarter ended September 30, 2023 and
the year to-date results for the period from April 1, 2023 to September 30, 2023
(the “Statement”), being submitted by the Holding Company pursuant to the requirements of
Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended (the “Regulations”).
2. This Statement, which is the responsibility of the Holding Company’s Management and approved
by the Holding Company’s Board of Directors, has been prepared in accordance with the
recognition and measurement principles laid down in Indian Accounting Standard 34 ‘Interim
Financial Reporting’ (‘Ind AS 34’), prescribed under Section 133 of the Companies Act, 2013 read
with relevant rules issued thereunder and other recognized accounting principles generally
accepted in India and in compliance with the Regulations. Our responsibility is to express a
conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review
Engagement (SRE) 2410, ‘Review of Interim Financial Information Performed by the Independent
Auditor of the Entity’ issued by the Institute of Chartered Accountants of India (ICAI). A review
of interim financial information consists of making inquiries, primarily of persons responsible for
financial and accounting matters, and applying analytical and other review procedures. A review
is substantially less in scope than an audit conducted in accordance with Standards on Auditing
and consequently does not enable us to obtain assurance that we would become aware of all
significant matters that might be identified in an audit. Accordingly, we do not express an audit
opinion.
We also performed procedures in accordance with the circular issued by the SEBI under
Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended, to the extent applicable.
4. This Statement includes the results of the Holding Company and its wholly owned subsidiary
Zaggle Technologies Limited.
5. Based on our review conducted and procedures performed as stated in paragraph 3 above,
nothing has come to our attention that causes us to believe that the accompanying Statement
prepared in accordance with the recognition and measurement principles laid down in Ind AS 34
and other recognized accounting principles generally accepted in India has not disclosed the
information required to be disclosed in terms of the Regulations including the manner in which
it is to be disclosed, or that it contains any material misstatement.
 P R S V & Co. LLP M S K A & Associates
Chartered Accountants Chartered Accountants
202, Saptagiri Residency, 1101/B, Manjeera Trinity Corporate,
1-10-98/A, Chikoti Gardens, Begumpet, JNTU-Hitech City Road, Kukatpally,
Hyderabad - 500 016. Hyderabad- 500 072.

6. The Statement includes the interim financial information of a subsidiary which has not been
reviewed by their auditor, whose interim financial information reflect total assets of Rs. Nil as
at September 30, 2023 and total revenue of Rs. Nil and Rs. Nil, total net profit after tax of
Rs. Nil and Rs. Nil and total comprehensive income of Rs. Nil and Rs. Nil, for the quarter ended
September 30, 2023 and for the period from April 1, 2023 to September 30, 2023, respectively,
and cash flow (net) of Rs. Nil for the period from April 1, 2023 to September 30, 2023, as
considered in the Statement. This interim financial information has been furnished to us by the
Management and our conclusion on the Statement in so far as it relates to the amounts and
disclosures included in respect of this subsidiary is based solely on such management prepared
unaudited interim financial information. According to the information and explanations given to
us by the Management, this interim financial information is not material to the Group.
Our conclusion is not modified in respect of the above matter.

For P R S V & Co. LLP For M S K A & Associates

Chartered Accountants Chartered Accountants
ICAI Firm Registration No. S200016 ICAI Firm Registration No.105047W

_________________ _____________________
Y Venkateswarlu Ananthakrishnan Govindan
Partner Partner
Membership No. 222068 Membership No. 205226
UDIN:23222068BGTWCF6043 UDIN: 23205226BGWEHP1690

Place: Hyderabad Place: Hyderabad

Date: November 7, 2023 Date: November 7, 2023