The company was promoted by dinesh nandwana an associate member of the. Dinesh nandwana had told bloomberg quint that vakrangee had added the jewellery companys logo to its presentation as it had already soft launched some of their products in vakrangee kendras but the jeweller had denied any business relationship with vakrangee in a call with analysts, says the report. Through our vast network of nextgen vakrangee kendras, we provide every citizen the facility of atm at every nextgen vakrangee kendra. Vakrangee softwares ltd is a pioneer in the egovernance domain and brings together all the hardware, software and on ground activation required for successful launch and management of e. Dinesh nandwana born 28 march 1963 in kota, rajasthan is an indian first generation entrepreneur, currently the managing director and chief executive officer of vakrangee limited, an indian technology company. The company is one of the main providers of the software and equipment for. Our company has scalability and we have 14 years of experience in executing missionmode and time bound project involving multi locations india is reporting the fastest global growth in the egovernance, catalyzed by the implementation of the right to information rti act and a holistic egovernance action plan by.
Nandwana has been instrumental in moulding vakrangee from a modest consultancy company to a prominent force to be reckoned with. Financial services firm vakrangee looking to raise rs 650 crore from capital market 18 jun, 2014, 12. There are no executives at vakrangee getting paid more. The egovernance projects segment offers collection services, including payment of electricity, telephone and mobiles. Vakarangee softwares limited tqa policy vakrangee has embarked on implementing a companywide total quality assurance tqa policy through an integration of people and process oriented initiatives. Vakrangee software is planning to rollout vakrangee kendra outlets at 20,000 out of the 26,000 indian oil petrol pumps. Vakrangee limited was founded in marol naka, mumbai 1990 by dinesh nandwana, a chartered accountantca. He is the navigator who drove vakrangee from being a modest consultancy company to a wellrenowned and prominent egovernance company. In april 3 1992 the name of the company was changed to vakrangee investment and then to vakrangee ltd in the year 1995. Vakrangee limited is a technology company based in mumbai, india that provides banking, insurance, egovernance, ecommerce, and logistics services. Founded in 1990 by dinesh nandwana, a chartered accountant, vakrangee offers financial inclusion services in rural areas identified for future investment by the government through its egovernance software. Currently, dinesh birdilal nandwana holds the position of executive chairman for vakrangee ltd. Recognizing whether ceo incentives are aligned with shareholders is a crucial part of investing. Ns including business summary, industrysector information, number of employees, business summary, corporate governance, key executives and.
View the latest news on 511431 company insiders for their impact on company performance. He is the navigator who drove the company from a modest consultancy company to a well renowned and prominent egovernance company. The service is set to give patients in rural locations a very different experience when they see a doctor, to listen to their concerns, and do a. Dinesh nandwana is one of the main promoters of vakrangee, a chartered accountant by profession. Vakrangee company history information business standard. The kerala dinesh beedi workers central coop society, one among the largest industrial cooperative societies in india, is established in 1969. Nandwana is also member of the institute of chartered accountants of india and on the board of 16 other companies. Dinesh nandwana news and updates from the economic times. The company is a pioneer and an established player in egovernance, document and printing management. Dinesh nandwana fy may have seen the topline growth for the company by 15%, but it has also been fraught with issues relating government payments. Share price, corporate actions, valuation, research report, financials and more complete track record of vakrangee ltd from indias independent mutual fund research house. Though the company commenced its operations as a technology consultancy, it gradually expanded its operations, first in making voter identity cards in 1993, and subsequently as a franchisee for making aadhaar uid cards in 2010. Dear valued shareholders, our vision for the next few years is set to create the worlds largest franchiseebased distribution channel, offering a plethora of products and thousands of services to the largest underserved consumer market of india.
Find details of its capital, revenue, industry, address and list of directors. The companys segments include egovernance projects and vakrangee kendra. Incentives can be in the form of compensation, which should always be structured in a way that promotes value. Merrill lynch increase holding in vakrangee softwares. In september 1999 the name of the company was changed to vakrangee softwares ltd. Dinesh nandwana business profile vakrangee softwares. Vakrangee company profile for vakrangee ltd msn money. Executive chairman dinesh nandwana just bought shares in. He is the navigator who drove the company from a modest consultancy company to a well renowned and prominent egovernance. Oct 10, 2012 market regulator securities and exchange board of india sebi today dropped charges against vakrangee softwares and its eight executives, related to violations of insider trading norms. Nandwana is also member of the institute of chartered accountants of india and on the board of. In a chat with dinesh nandwana, cmd, vakrangee software ltd, talks about the companys performance in the quarter. Orders worth rs 400 crore is to be executed by next year.
The company has nine directors ramesh multanchand joshi, dinesh birdhilal nandwana, and others. Dinesh nandwana,cmd of vakrangee softwares, said, we will focus on egovernance projects going forward. His vast experience is backed by astute and dynamic leadership qualities. Dinesh nandwana, and that the board of directors be and is hereby. Vakrangee, which has recently grown to a market capitalization of. Vakrangee software, which offers financial inclusion and egovernance solutions, said its ceo santosh dash had resigned and that it had named its founder dinesh nandwana, as his replacement. Vakrangee is a technologydriven firm that provides banking, insurance, egovernance, ecommerce and logistics services. Dinesh information technology systems dits is the it unit of kdwbwccs, started in 1999 with the support of govt. Vakrangee limited financial reports, balance sheets and.
Vakrangee software says ceo santosh dash has resigned. Sebi drops insider trading charges against vakrangee softwares. Nandwana got his first break in it in 1993 when vakrangee bagged a contract to provide the software required for issuing. Dinesh nandwana on vakrangee limited under sebi scanner. During the sebi investigation it was found that promoter entities viz, njd capital private along with vakrangee holdings, dinesh nandwana and dinesh nandwana. Vakrangee shareholders or potential shareholders will be happy to see that the executive chairman, dinesh nandwana, recently bought a. Bloomberg quint is a multiplatform, indian business and financial news company. Dinesh nandwana, cmd, vakrangee software in a chat with dinesh nandwana, cmd, vakrangee software ltd, talks about the companys performance in the quarter. Vakrangee competitors, revenue and employees owler company. Vakrangee revolutionizes rural healthcare by introducing. In stock price, news, historical charts, analyst ratings and financial information from wsj.
Vakrangee to deploy mobile van facility across india amid. Vakrangee share price, vakrangee stock price, vakrangee. View todays stock price, news and analysis for vakrangee softwares ltd. Astute and dynamistic leadership qualities back his vast experience. A qualified chartered accountant, dinesh nandwana started vakrangee as a small financial consultancy in 1990. Helpful 1 best place to work at vakrangee, great work culture. Vakrangee limited was founded in marol naka, mumbai 1990 by dinesh nandwana. Mar 17, 2010 dinesh nandwana,cmd of vakrangee softwares, said, we will focus on egovernance projects going forward.
Director of vakrangee, the total compensation of mr nandwana at vakrangee is. Dinesh nandwana is one of the main promoters of the company. View 511431 business summary and other industry information. We combine bloombergs global leadership in business and financial news and data, with quintillion medias deep expertise in the indian market and digital news delivery, to provide high quality business news, insights and trends for indias sophisticated audiences.
On 19 may 2011 vakrangee softwares limited vsl announced that it has. Share price, biz model, and a sebi probe the mumbaiheadquartered it company was in hot water with sebi recently, but then it disappeared from the news cycle. Barrons also provides information on historical stock ratings, target prices, company earnings, market valuation. Oct 10, 2012 sebi drops insider trading charges against vakrangee softwares. See the company profile for vakrangee ltd vakrangee. Vakrangee to revolutionize rural healthcare in india. Vakrangee s headquarters is located in mumbai, maharashtra, in 400059. Vakrangee owns the license from rbi to set up and manage white label atms, enabling realtime cash withdrawals. Feb 19, 2008 commenting on the development of the company, mr. Dinesh nandwana, cmd, vakrangee software the economic times. Vakrangee shareholding pattern promoter and promoter. Dinesh birdilal nandwana, 56 executive chairman, vakrangee ltd.
Dinesh nandwana talks about vakrangee kendras roadmap. Nishikant kishanrao hayatnagarkar are managing director and whole time director respectively. Learn more about the sector, industry, classification, employee size and executives of vakrangee on msn money. Vakrangee share price, vakrangee stock price, vakrangee ltd. In april 3, 1992, the name of the company was changed to vakrangee investment and then to vakrangee. He served as the managing director of vakrangee limited alternate name. Erstwhile vakrangee softwares limited vakrangee house, plot no. Dinesh nandwana, chairman and managing director, vakrangee softwares limited, said, with our strong positioning in the government and egovernance sector, we are also successfully tapping private and high growth sectors like telecom, insurance, financial services and retail. The company was promoted by dinesh nandwana, an associate member of the icai. Dinesh nandwana is an indian first generation entrepreneur, currently the executive chairman of vakrangee limited, an indian technology company. Vakrangee to deploy mobile van facility across india amid coronavirus pandemic by hrnxt newsdesk april 16, 2020 vakrangee announced that the company has launched the mobile van in mmr region which is fully equipped to provide the key essential services. The company was promoted by dinesh nandwana an associate member of the icai. Market regulator sebi wednesday dropped charges against vakrangee softwares and its eight executives, related to violations of insider trading norms.
Get the latest vakrangee ltd information and corporate updates at iifl. Vakrangee shareholding pattern promoter and promoter group september 2019. Very few know about vakrangee, and fewer still are willing to talk about it. He has scaled the company to a new orbit of growth. Vakrangee software is planning to rollout vakrangee kendra outlets at 20000 out of the 26000 indian oil petrol pumps. Vakrangee software was incorporated in 1990 with a mission to excel in every given task, vision to deliver value added services and become visible in the global business world. Dinesh nandwana born 28 march 1963 in kota, rajasthan is an indian first generation entrepreneur, currently the executive chairman of vakrangee limited, an indian technology company. Vakrangee competitors, revenue and employees owler. Vakrangee softwares limited l 11 board of directors 1. May 01, 2009 dinesh nandwana chairman, vakrangee softwares ltd. Feb 04, 2018 this segment of zee business brings to you latest information on pc jewelers and vakarangee that was trading in redmark. For a number of egovernance projects it bagged, it was unable to pay salaries to its employees for a significant time as the.
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