AsiaNet 87804

MUMBAI, India, January 27, 2021 /PRNewswire=KYODO JBN/ --

     Vakrangee Limited is proud to share that we are honoured to be part of this

year's Bloomberg Gender-Equality Index (GEI). The GEI is 380 companies strong,

representing 44 countries around the world committed to a more equal and

inclusive workplace. The 2021 Bloomberg GEI comprises of 380 companies across

the world with a combined market capitalization of USD14 Trillion. The Average

overall GEI score is 66% however Vakrangee has score 70.86%.

    Commenting on this Mr. Dinesh Nandwana, MD & Group CEO, Vakrangee Ltd.

said, "We are extremely proud to see that Vakrangee is recognized & included in

2021 Bloomberg Gender-Equality Index. This recognition reflects our commitment

to gender equality and transparency.

    Vakrangee has always been a Responsible and Socially conscious company.

Gender Equality is fundamental to our philosophy and core DNA of being a social

equalizer. We strive to build a workplace culture with gender Diversity and

believe it is core to the success and growth of our company."

    The GEI brings transparency to gender-related practices and policies at

publicly listed companies increasing the breadth of environmental, social,

governance (ESG) data available to investors. The comprehensive, transparent

GEI scoring methodology allows investors to assess company performance, compare

across industry peer groups.

    The index measures gender equality across five pillars: female leadership,

talent pipeline, equal pay and gender pay parity, inclusive culture, sexual

harassment policies, and pro-women brand.

    "The companies included in 2021 GEI are expanding the ESG data universe to

include gender-related data that investors are demanding today," said Peter T.

Grauer, Chairman of Bloomberg.

    Through disclosure of gender-related metrics using GEI framework, firms

included in the 2021 GEI have committed to provide a comprehensive look at

their investment in workplace gender equality and the communities in which they

operate, raising the bar of what should be expected from other companies within

the same industry. Vakrangee was included in this year's index for scoring at

or above global threshold established by Bloomberg to reflect a high level of

disclosure and overall performance across the framework's five pillars.

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

    Incorporated in 1990, Vakrangee is 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 unserved rural, semi-urban and urban

markets. (www.vakrangee.in )

    Contact:

    Ammeet Sabarwal

    ammeets@vakrangee.in  

    Ph no: 02267765100

Photo: https://mma.prnewswire.com/media/1427903/GEIsea_2021_Bloomberg.jpg

Source: Vakrangee Limited