Vijay Kedia’s firm, Kedia Securities, buys 20 lakh equity shares, or a 1.48% stake, in Zaggle Prepaid Ocean Services through an NSE bulk deal. The transaction takes place at Rs 164.72 per share, according to bulk-deal data cited by both outlets.
The purchase is reported to follow recent market volatility in the company’s shares. One report notes the stock drops 20% after weak Q1 FY27 earnings the day before the deal, and that the shares then rise sharply—about 17%—after the stake acquisition. The two outlets focus primarily on the size of the stake, the buyer and seller details from the bulk trade, and the immediate market reaction; they do not present differing accounts of the trade itself.
Overall, coverage centers on Kedia Securities’ acquisition and the subsequent movement in the small-cap IT firm’s share price, set against the backdrop of a recent earnings-related decline.
