Vakrangee Ltd

Vakrangee Limited — Trading Window Closure from October 01, 2026 until end of 48 hours after the declaration of Un-Audited Financial results of the Company for the quarter and half year ending September 30, 2026 become generally available information.

AGM Details

• Date and time: 23 September 2026 at 11:00 AM via VC/OAVM.
• Mode: Video Conferencing / Other Audio-Visual Means.
• Book closure: 17 Sep 2026 to 23 Sep 2026 (inclusive).
• Record date: 16 Sep 2026; total shareholders 395,572.
• Attendance: 39 shareholders attended via VC (3 promoter, 36 public).

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements and Board Report.
• Resolution 2 (Ordinary): Re-appoint Vedant Dinesh Nandwana on rotation.
• Resolution 3 (Special): Alter Object Clause in Memorandum of Association.
• Resolution 4 (Ordinary): Approve RPT with VL E-Governance & IT Solutions Limited.
• Resolution 5 (Ordinary): Approve RPT with Vortex Engineering Private Limited.
• Resolution 6 (Ordinary): Approve RPT with Vakrangee Finserve Limited.

AGM Details

• 36th AGM held Sept 23, 2026 at 11:00 AM via VC/OAVM; e-voting Sep 20–22, 2026.

Key Resolutions

• Ordinary resolution to receive, consider, approve and adopt Audited Financial Statements for FY ended March 31, 2026.
• Ordinary resolution to re-appoint Vedant Dinesh Nandwana on retirement by rotation.
• Special resolution to alter the Object Clause in the Memorandum of Association.
• Ordinary resolution to approve Material Related Party Transactions with VL E-Governance & IT Solutions Limited.
• Ordinary resolution to approve Material Related Party Transactions with Vortex Engineering Private Limited.
• Ordinary resolution to approve Material Related Party Transactions with Vakrangee Finserve Limited.

Director Changes

• Vedant Dinesh Nandwana re-appointed by rotation.

Capital / Securities

• NRC approves allotment of 4,12,500 equity shares under ESOP 2014 at Rs 2 per share.
• Post-issue paid-up capital rises to Rs 1,083,604,307 comprising 1,083,604,307 shares.
• Shares will rank pari passu with existing equity shares.
• Company to file/listing approvals with BSE/NSE in due course.

Overview

• Standalone BRSR for Vakrangee Limited covering FY 2025-26.
• Core business: Vakrangee Kendras provide BFSI, ATM, E-commerce, and e-governance services.
• Reporting boundary is standalone for the entity.
• Network comprises 23,087 Kendras across 32 states and 4 company offices.
• Vakrangee Kendra services account for 99.38% of turnover.

Key ESG Risks & Opportunities

• Regulatory compliance is treated as an opportunity reducing fines and reputational risk.
• Cybersecurity risk mitigated by ISO 27001/27701/22301 and strong data privacy program.
• Digitisation offers growth via digital platforms and financial inclusion.
• Board gender diversity stands at 33% women.
• Employee wellbeing programs aim to boost productivity and retention.
• Climate change presents risk and opportunity; Go Green and solar initiatives.
• Optimal franchisee performance drives revenue and market reach.
• Financial performance supports growth investments and partnerships.

Governance & Policy Highlights

• Oversight by Corporate Governance, CSR, and ESG committees.
• Policies cover anti-bribery, whistleblower, human rights, environment, and supplier codes.
• BR principles are policy-covered and board-approved.
• No external assurance obtained for the reporting period.
• No penalties or fines reported in FY25-26.

Social Responsibility & Workforce

• Total employees: 235 permanent; 0 workers.
• Male 206 and female 29; 12.34% female representation.
• Board has 2 women of 6 members (33%).
• Turnover rate for permanent staff is 56.96%.
• Differently abled: none.
• OHS certified ISO 45001; LTIFR nil; no fatalities.
• Whistleblower policy and POSH committee with 24/7 online portal.
• Well-being spend 0.40% of total revenue.

Environmental Performance

• Total energy 1309.20 GJ; 13% from solar; 62.60 GJ electricity; 1246.16 GJ other.
• Energy intensity: 716.79 J per rupee of turnover.
• Scope 1: 0.03 tCO2e; Scope 2: 13.62 tCO2e; total intensity 13.62.
• Total waste 16.87 tons; mostly non-hazardous.
• 13% energy from solar; Green tariff at headquarters; green procurement.
• No external assurance conducted; 100% suppliers covered under responsible sourcing.

Stakeholder Engagement & Complaints

• Stakeholders: Franchisees, Employees, Business Partners; engagement via email, SMS, meetings.
• Regular quarterly engagement focusing on ESG strategy, service delivery, and training.
• Whistleblower policy provides confidential reporting; 0 complaints filed FY25-26.
• Materiality assessment conducted; inputs used to Stakeholder Engagement and Materiality Analysis.
• Industry associations (CATMi, NPCI) and government bodies engaged for policy dialogue.

Other Notable Metrics

• CSR applicability: No CSR under Companies Act; turnover ₹18264.74 Lakhs; net worth ₹17708.79 Lakhs.
• Data privacy: Data Privacy Policy and Data Privacy Program published online.
• Supplier Code of Conduct and Sustainable Sourcing Policy; Green Procurement Policy disclosed.
• Affiliations with seven trade/industry chambers; advocacy via CATMi/BFCI/NPCI.
• No significant adverse value-chain environmental impact reported; value-chain assessments ongoing.
• Data breaches: nil; consumer complaints framework in place via dedicated support desk.

Key metrics

• Total income ₹26,136.2 lakh; +0.8% YoY.
• EBITDA ₹3,426.1 lakh; margin 13.4%.
• PAT ₹1,111.9 lakh; PAT margin 4.4%.
• Cash profit ₹2,872.0 lakh; +25.4% YoY.
• Cash flow from operations before tax ₹63.7 crore; turned positive.
• Debt-free consolidated balance sheet; net worth ₹22,335.4 lakh.
• GTV ₹53,791.2 crore; 11.6 crore annual transactions.
• Active Kendras 23,087; ATMs 6,073; Master Franchisees 535.
• 84% Kendras in Tier IV-VI; 5,425 Kendras in priority geographies.
• BFSI revenue share 49.0%; ATM 20.2%; E-commerce 11.0%; ATM products 19.8%.

Book closure details

• Book closure from Sep 17, 2026 to Sep 23, 2026 (inclusive) for 36th AGM.
• Purpose: for the 36th Annual General Meeting.
• Event date: AGM scheduled on Sep 23, 2026 at 11:00 IST via VC/OAVM.
• Security: shares (Register of Members and Share Transfer Books).

AGM details

• AGM on 23 September 2026 at 11:00 AM IST via VC/OAVM.
• Register of Members closed 17–23 September 2026 (inclusive).
• Notice and Annual Report circulated Aug 31, 2026; e-voting Sept 20–22, 2026.

Resolutions

• Adopt Audited Financial Statements (Standalone & Consolidated) for year ended 31 March 2026.
• Re-appoint Vedant Dinesh Nandwana on rotation.
• Special Resolution: Alter MOA to include renewable energy business.
• Approve material related party transactions with VL E-Governance & IT Solutions Limited up to ₹50 crore.
• Approve material related party transactions with Vortex Engineering Private Limited up to ₹50 crore.
• Approve material related party transactions with Vakrangee Finserve Limited up to ₹10 crore.

Related party transactions

• Counterparties: VL E-Governance & IT Solutions Limited; Vortex Engineering Private Limited; Vakrangee Finserve Limited.
• Aggregate proposed RPTs for FY2026-27: up to ₹50 crore for two parties; ₹10 crore for Vakrangee Finserve.

MOA clause rationale

• Expansion into renewable energy enables broader deployment via existing Vakrangee Kendras.
• Proposed MOA amendment to pursue ground-level opportunities in renewables.

Order details

• Vortex Engineering (subsidiary) secured PO from a leading public sector bank for 540 ATMs.
• PO covers end-to-end supply, installation, and maintenance of 540 ATMs and 1 KVA UPS.
• Contract value quoted at ₹37.79 crore including GST.
• Contract period: main filing states 5 years; Annexure II states 7 years.
• Order receipt date recorded as 6 August 2026.
• Client is domestic entity; no related-party transaction.

Meeting Details

• Board meeting scheduled for April 29, 2026.

Key Agenda Items

• Approve audited standalone and consolidated financial results for quarter and year ended March 31, 2026.

Other Notes

• No location was disclosed in the notice.