VAKRANSOF.NS - Vakrangee Limited

. Currency in USD

Vakrangee Limited

Vakrangee House
Plot No. 66, Marol Co-op. Industrial Estate
Mumbai 400059
91 22 2850 4028

IndustryTechnical & System Software
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Dinesh Nandwana CAChairman, Chief Exec. Officer, Managing Director, Chairman of Resource Committee, Chairman of Risk Management Commiittee and Chairman of Corp. Social Responsibility Committee6.5MN/AN/A
Mr. Subhash SinghaniaChief Financial OfficerN/AN/AN/A
Ms. Darshi ShahCompliance Officer and Company Sec.N/AN/AN/A
Dr. Nishikant Kishanrao Hayatnagarkar Ph.D.Exec. Director of R&D, Whole Time Director, Member of Stakeholder Relationship Committee and Member of Resource Committee1.72MN/AN/A
Mr. Satish SaundattiHead of Client ConsultingN/AN/AN/A
Amounts are as of December 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in .


Vakrangee Limited, a technology company, provides banking and financial, insurance, e-governance, e-commerce, and ATM services to rural, semi-urban, and urban markets. It operates through two segments, e-Governance Projects and Vakrangee Kendra. The company’s banking and insurance services include creation of bank accounts; cash deposit/cash withdrawal/cash transfer; fixed deposits/recurring deposits; retail loans and balance inquiry; direct benefit transfer; pension transactions; and life and nonlife insurance plans. Its e-commerce services comprise telecommunication services, including pre-paid and post-paid cards, tariffs and plans, charge and calling cards, broadband connections, and other value-added services; direct to home solutions consisting of recharge coupons, subscription cards, new set-top box connections, and various other customer services; and education related materials for government educational programs and private institutions. The company’s e-governance services consist of collection services for payment of electricity, telephone, and mobile bills; recruitment application processing for government-related services; online registration and issuance of birth, death, and marriage certificates; grievance management services; enrollment agency services for Aadhaar cards; print and data management services to election commission related projects and to private corporates; digital services for distribution of subsidized food and non-food items; and services related to Inspector General of Registration and Stamps, as well as software and IT solutions. As of March 31, 2015, it offered its services through 12,568 business correspondent bank branches called Vakrangee Kendras. The company was formerly known as Vakrangee Softwares Limited and changed its name to Vakrangee Limited in October 2013. Vakrangee Limited was founded in 1990 and is based in Mumbai, India.

Corporate Governance

Vakrangee Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.