Vakrangee Ltd.

Life Insurance Corporation of India (LIC) has hiked additional stake of around 2% in Vakrangee Softwares through open market transactions. With this, the LIC’s stake in the company has increased to 5.66% in March 2013 quarter from 3.77% at the end of December 2012 quarter

The insurance giant has acquired 9.5 million shares representing 1.89% of the total equity of the company worth of Rs 63 crore via open market between January-March 2013.

Vakrangee Softwares is one of the few leading E-Governance service provider in India equipped with cutting edge infrastructure, highly experienced professionals, investment and technological breakthrough on a continual basis in order to maintain time bound completion of critical projects.