Vakrangee Limited

Vakrangee has granted 79,500 number of options to eligible employees of the Company at a price of Rs. 9.79/- per option under its Vakrangee Limited Employee Stock Option Scheme 2014 (ESOP Scheme 2014).Powered by Capital Market - Live

Vakrangee will hold a meeting of the Board of Directors of the Company on 26 April 2025.Powered by Capital Market - Live

This strategic collaboration aims to expand the reach of comprehensive health insurance solutions across the extensive Vakrangee Kendra network, particularly in underserved and remote regions. The partnership aligns with Vakrangee's commitment to democratizing essential services and ABHICL's Health First approach, which emphasizes wellness and preventive care. Vedant Nandwana, managing director of Vakrangee, said, 'We are delighted to partner with Aditya Birla Health Insurance Company. This collaboration aligns with our vision to make essential services more accessible to the underserved and remote regions of the country. By offering a comprehensive range of health insurance products through our extensive Vakrangee Kendra network, we aim to empower customers with financial security and promote overall wellbeing. Our Kendras serve as a one-stop solution for local communities, ensuring unparalleled convenience and reinforcing our commitment to bridging the urban-rural service gap. Together with Aditya Birla Health Insurance, we look forward to making quality healthcare protection accessible to every household across India. Vakrangee is a leading Last Mile Distribution Platform with a strong physical and digital presence across India. It provides a range of essential services, including banking, insurance, ATMs, e-governance, e-commerce, healthcare, and logistics, to underserved markets. Its Vakrangee Kendra outlets and BharatEasy mobile app offer convenient access to these services. The company's consolidated net profit declined 4% to Rs 1.19 crore, while net sales increased 31.7% to Rs 67.88 crore in Q3 FY25 over Q3 FY24. Shares of Vakrangee slipped 4.10% to Rs 13.57 on the BSE.Powered by Capital Market - Live

Vakrangee has allotted 3,600 equity shares under ESOP on 20 February 2025. Post allotment of 3600 shares of face value of Re. 1/- each, the Company's issued and paid up capital stands increased to 108,31,91,807 Equity Shares of face value of Re. 1/- each aggregating to Rs. 108,31,91,807.Powered by Capital Market - Live

Net profit of Vakrangee declined 4.03% to Rs 1.19 crore in the quarter ended December 2024 as against Rs 1.24 crore during the previous quarter ended December 2023. Sales rose 31.65% to Rs 67.88 crore in the quarter ended December 2024 as against Rs 51.56 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales67.8851.56 32 OPM %8.0712.06 - PBDT5.854.87 20 PBT1.610.94 71 NP1.191.24 -4 Powered by Capital Market - Live

Whirlpool of India Ltd, Vedant Fashions Ltd, Jindal Steel & Power Ltd and Samhi Hotels Ltd are among the other losers in the BSE's 'A' group today, 31 January 2025.Vakrangee Ltd lost 10.00% to Rs 24.03 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 24.38 lakh shares were traded on the counter so far as against the average daily volumes of 15.16 lakh shares in the past one month.Whirlpool of India Ltd crashed 9.64% to Rs 1140.5. The stock was the second biggest loser in 'A' group.On the BSE, 79888 shares were traded on the counter so far as against the average daily volumes of 3953 shares in the past one month.Vedant Fashions Ltd tumbled 8.32% to Rs 942.3. The stock was the third biggest loser in 'A' group.On the BSE, 14405 shares were traded on the counter so far as against the average daily volumes of 3413 shares in the past one month.Jindal Steel & Power Ltd pared 5.52% to Rs 793.75. The stock was the fourth biggest loser in 'A' group.On the BSE, 7.03 lakh shares were traded on the counter so far as against the average daily volumes of 27129 shares in the past one month.Samhi Hotels Ltd corrected 5.45% to Rs 170.15. The stock was the fifth biggest loser in 'A' group.On the BSE, 3.02 lakh shares were traded on the counter so far as against the average daily volumes of 1.59 lakh shares in the past one month.Powered by Capital Market - Live

Vakrangee will hold a meeting of the Board of Directors of the Company on 5 February 2025.Powered by Capital Market - Live

This collaboration aims to provide easy access to comprehensive general insurance products through Vakrangee Kendra network across the country. The partnership will enable Vakrangee Kendras, located across underserved and unserved areas, to offer a wide range of general insurance products. By leveraging this partnership, the company aims to enhance accessibility and affordability of insurance solutions, empowering customers with financial security. Vedant Nandwana, Managing Director, Vakrangee Ltd. said, We are delighted to partner with Future Generali India Insurance Company to expand our portfolio of essential services. This initiative aligns with our vision of driving financial inclusion and providing last-mile access to high-quality insurance products for every Indian, regardless of their location.' Vakrangee Kendras are exclusive branded format outlets offering a comprehensive range of products and services across banking, insurance, ATM, assisted e-commerce, e-governance and total healthcare. With 83% of Vakrangee Kendra outlets in Tier-4 to 6 locations, this association will enable Vakrangee to allow its customers to get access to insurance services in the most remote parts of the country. Vakrangee is a leading Last Mile Distribution Platform with a strong physical and digital presence across India. It provides a range of essential services, including banking, insurance, ATM, e-governance, e-commerce, healthcare, and logistics, to underserved markets. Its Vakrangee Kendra outlets and BharatEasy mobile app offer convenient access to these services. The company's consolidated net profit jumped 64% to Rs 0.69 crore while net sales increased 27% to Rs 65.25 crore in Q2 FY25 over Q2 FY24. The scrip declined 1.27% to Rs 34.19 on the NSE. Powered by Capital Market - Live

Vakrangee announced a strategic corporate agency tie-up with Future Generali Insurance Company (Future Generali). This partnership aims to provide easy access to comprehensive general insurance products through Vakrangee Kendra network across the Country. This collaboration will enable Vakrangee Kendras, located across underserved and unserved areas, to offer a wide range of general insurance products, including health, motor, travel, home, and personal accident insurance. By leveraging this partnership, we aim to enhance accessibility and affordability of insurance solutions, empowering customers with financial securityPowered by Capital Market - Live

This partnership aims to provide easy access to comprehensive life insurance products through Vakrangee Kendra network across the country. The collaboration will enable Vakrangee Kendras, located across underserved and unserved areas, to offer a wide range of life insurance products. By leveraging this partnership, the company aims to enhance accessibility and affordability of insurance solutions, empowering customers with financial security. Commenting on this partnership, Vedant Nandwana, MD, said, We are delighted to partner with Shriram Life Insurance to expand our portfolio of essential services. This initiative aligns with our vision of driving financial inclusion and providing last-mile access to high-quality insurance products for every Indian, regardless of their location.' Vakrangee Kendras are exclusive branded format outlets offering a comprehensive range of products and services across banking, insurance, ATM, assisted e-commerce, e-governance and total healthcare. With 83% of Vakrangee Kendra outlets in Tier-4 to 6 locations, this association will enable Vakrangee to allow its customers to get access to insurance services in the most remote parts of the country. Vakrangee is a leading Last Mile Distribution Platform with a strong physical and digital presence across India. It provides a range of essential services, including banking, insurance, ATM, e-governance, e-commerce, healthcare, and logistics, to underserved markets. Its Vakrangee Kendra outlets and BharatEasy mobile app offer convenient access to these services. The company's consolidated net profit jumped 64% to Rs 0.69 crore while net sales increased 27% to Rs 65.25 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live