Vakrangee Ltd.

Vakrangee Softwares has informed that the company has received a proposal dated July 24, 2013 from the Life Insurance Corporation of India (LIC) for the appointment of a nominee on the Board of the Company. The Company is hereby pleased to accept the said proposal from the LIC and is looking forward to welcoming the said Nominee Director on the Board of the Company which the company believe shall add value to the corporate governance practices of the Company.

The above information is a part of company’s filings submitted to BSE.