News ArticleZaggle Prepaid Ocean Services appoints Samar Vijay Pupala as CFO, elevates Venkatesh Ramachandran to Group Chief Strategy Officer
Leadership changes effective on November 6, 2026, to enhance strategic direction and financial leadership
Zaggle Prepaid Ocean Services Limited announced key management changes effective November 6, 2026, appointing Samar Vijay Pupala as Chief Financial Officer and promoting Venkatesh Ramachandran to Group Chief Strategy and Transformation Officer to lead strategic initiatives and transformation efforts.
Zaggle Prepaid Ocean Services Limited
Change in Management
Zaggle Prepaid Ocean Services Limited announced on November 6, 2026, the appointment of Samar Vijay Pupala as Chief Financial Officer and the promotion of Venkatesh Ramachandran to Group Chief Strategy and Transformation Officer, marking key leadership changes to drive strategic initiatives and financial management.
Mr. Venkatesh Ramachandran resigned as Group Chief Financial Officer effective November 5, 2026, and was promoted to Group Chief Strategy and Transformation Officer on November 6, 2026, to focus on shaping and executing the company’s strategic priorities.
Mr. Samar Vijay Pupala was appointed as the new Chief Financial Officer effective November 6, 2026, following recommendations by the Audit and Nomination and Remuneration Committees.
Mr. Pupala brings over 30 years of global finance experience, including leadership roles in equity markets, banking, fintech, digital payments, and corporate restructuring across India, Middle East, West Africa, and East Africa.
His previous roles include Senior Finance Director at Kyosk Digital Services and Y9 Inc., CFO at Bank Al Khair B.S.C. (c), and CFO and Board Member positions at TimesofMoney and Zaggle.
Highlights
- Venkatesh Ramachandran promoted to Group Chief Strategy and Transformation Officer effective November 6, 2026.
- Ramachandran resigned as Group CFO effective close of business on November 5, 2026.
- Samar Vijay Pupala appointed Chief Financial Officer effective November 6, 2026.
- Pupala has over 30 years of cross-border leadership in finance and strategic corporate roles.
- Appointment follows recommendations from Audit and Nomination and Remuneration Committees.
- Board meeting held on November 6, 2026, from 04:00 PM to 04:21 PM IST.
Key Data Snapshot
Key details
- Venkatesh Ramachandran elevated within the company to lead strategy and transformation.
- Samar Vijay Pupala appointed as the new Chief Financial Officer following proper committee recommendations.
- Rationales include focusing strategic structuring initiatives and enhancing financial leadership.
- Leadership changes comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Background and context
- Ramachandran’s promotion reflects focus on long-term enterprise value and strategic initiatives.
- Pupala’s extensive background includes financial strategy, corporate restructuring, M&A due diligence, multi-entity consolidation, and managing regulatory complexities.
- His prior leadership roles cover varied geographies and industries like banking, fintech, e-commerce, and digital payments.
Regulatory and governance context
- Appointments and cessations disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Information provided per SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
- Board meeting held for these decisions commenced at 04:00 PM and concluded at 04:21 PM IST on November 6, 2026.
Highlights
- Venkatesh Ramachandran promoted to Group Chief Strategy and Transformation Officer effective November 6, 2026.
- Ramachandran resigned as Group CFO effective close of business on November 5, 2026.
- Samar Vijay Pupala appointed Chief Financial Officer effective November 6, 2026.
- Pupala has over 30 years of cross-border leadership in finance and strategic corporate roles.
- Appointment follows recommendations from Audit and Nomination and Remuneration Committees.
- Board meeting held on November 6, 2026, from 04:00 PM to 04:21 PM IST.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
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