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Contributor: PR Newswire Europe
Monday, August 24 2020 - 19:20
AsiaNet
Vakrangee Limited Publishes First Integrated Annual Report With Assurance From Independent Auditor Grant Thornton
MUMBAI, Aug. 24, /PRNewswire-AsiaNet/

    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
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