Vakrangee Ltd.

BSE: 511431 | NSE: VAKRANGEE
Small Cap | BPO/ITeS
7.11
-0.33 (-4.44%)
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Vakrangee inks share purchase agreement to acquire 8.8% stake of Vortex Engineering

Date: 19-12-2023

Vakrangee has entered into a Share Purchase Agreement on December 18, 2023 for acquisition of 8.8% equity share capital of Vortex Engineering from the International Finance Corporation (IFC) (Seller). Earlier the Company had signed Binding term sheet with IFC in relation to acquisition of 8.8% stake in Vortex Engineering.

Vakrangee is the unique technology driven company focused on building India's largest network of last mile retail outlets to deliver real time banking & Financial Services, ATM, insurance, e-governance, e-commerce and logistics services to the un-served rural, semi-urban and urban markets.