The purchases saw the promoters' stake in Zeel going up to 4.28 per cent from 3.99 per cent.
Jaggi had a nearly six-year journey at Zeel, describing it as one of his most transformative phases
Each has made a claim that the failed deal has proved to be an expensive affair
The company has been keeping a sharp eye on profitability while investing for long term growth
Apparently, he replaces Manish Kalra who had announced his departure a month or so ago
