PR85240

MUMBAI, Aug. 24, /PRNewswire=KYODO JBN/

    Vakrangee Limited (VL) is proud to present its first Integrated Annual

Report for FY2019-20 along with Assurance from Independent auditor Grant

Thornton India LLP (GT).

    The Vakrangee's Board's decision to seek Assurance reflects its

determination to follow the principles of highest standards of corporate

governance, as it works to build robust, transparent and effective reporting

framework for its stakeholders. Assurance is also an effective tool for

ensuring the company's key stakeholders can have confidence in the company's

value creation story. For the Report, Vakrangee has adopted the Integrated

Reporting <IR> framework of the International Integrated Reporting Council (IIRC).

    Commenting on same, Mr. Dinesh Nandwana, MD & CEO said, "We are pleased to

present our first Annual Integrated Report. This year, we have reinforced our

belief of service through a holistic and thriving viewpoint of 'value'. It provides us

an opportunity to understand on what the organisation is doing and what it needs

to do to recalibrate and align itself with the expectation of its stakeholders."

    "In Integrated Report, we aim to present how Vakrangee creates and sustain

value for all its stakeholders through expanding network, new partnerships,

leveraging technology or supporting employees across the country. We have

mapped our Business strategy with the sustainability initiatives along with the

United Nation's Sustainable Development Goals. The UN SDG goals are

interconnected, and we intend to implement them in order to make the world a

better place."

    "While we are proud of the achievement, we also recognise that we have a

lot more to do. As part of our culture of continuous improvement, we will

continue to strive for even better report and disclosures in years to come."

    The Reporting Framework is aligned to leading frameworks. It adheres to

reporting requirements of Companies Act, 2013 and rules thereunder, the

Securities Exchange Board of India (SEBI), Indian Accounting Standards (IndAS),

the Global Reporting Initiative (GRI), the National Voluntary Guidelines (NVGs)

for Business Responsibility Report (BRR) and UN-Sustainable Development Goals

(UN-SDGs).

    Link for 2019-20 Integrated Annual report:

https://vakrangee.in/pdf/Annual_Reports/Integrated%20Annual%20report%202019-20%20-%20Vakrangee%20Ltd.pdf 

    About Vakrangee Limited (BSE Code: 511431) (NSE Code: VAKRANGEE)

    Vakrangee is a unique technology driven company focused on building India's

largest network of last-mile retail outlets to deliver real-time BFSI, ATM,

E-Commerce and logistics services to the unserved rural, semi-urban and urban

markets. (www.vakrangee.in)

    Media Contact:

    Ammeet Sabarwal

    Chief Corporate Communications & Strategy Officer

    ammeets@vakrangee.in  

    Ph no: 02267765100

    Vakrangee Limited – www.vakrangee.in  

    Source - Vakrangee Limited