Vakrangee Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The filing outlines the company's sustainability metrics and operational disclosures in compliance with SEBI regulations.

The company reported a turnover of ₹ 18,264.74 Lakhs and a net worth of ₹ 17,708.79 Lakhs for the period. Vakrangee operates through an asset-light franchise model, serving customers across 32 states and union territories via its network of Kendras.

Operational Metrics

Vakrangee operates 23,087 outlets nationally. The company employs 235 permanent staff members. The employee turnover rate for permanent staff stood at 56.96% in FY26, compared to 27% in the previous fiscal year.

Sustainability Highlights

The company highlighted several environmental initiatives. Renewable energy accounted for 13% of total energy consumption. Capital expenditure related to environmental and social impact improvements rose to ₹ 2,030.44 Lakhs from ₹ 570.76 Lakhs in the prior year.

Greenhouse gas emissions data shows a reduction in direct emissions. Total Scope 1 emissions fell to 0.03 metric tonnes of CO2 equivalent from 0.14 metric tonnes in FY25. Scope 2 emissions decreased to 13.62 metric tonnes from 15.07 metric tonnes.

Governance and Compliance

No complaints were filed against the company regarding conflict of interest or human rights violations during the reporting period. The board includes two women directors, representing 33.33% of the total board strength. The company maintains ISO certifications for information security and occupational health safety.

Vakrangee has scheduled its 36th Annual General Meeting for Wednesday, September 23, 2026. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means starting at 11:00 am IST.

Shareholders will consider a special resolution to alter the Memorandum of Association. This change aims to enable the company to manufacture and trade renewable energy products. The board also seeks approval for material related-party transactions totaling ₹110 crore.

Strategic Expansion into Renewable Energy

The company proposes inserting a new sub-clause 1(T) into Clause III (A) of its MOA. This amendment will allow Vakrangee to engage in the manufacture, contract manufacture, assembly, and integration of renewable energy products. The scope includes inverters, solar inverters, hybrid inverters, battery energy storage systems, batteries, solar wafers, cells, modules, and fuel cells.

The explanatory statement notes that the company intends to leverage its existing distribution network of Vakrangee Kendras. It cites government push for rooftop solar deployment in semi-urban and rural areas as a key driver. The board believes this diversification will create long-term value for stakeholders.

Related Party Transaction Approvals

The AGM agenda includes ordinary resolutions to approve material related-party transactions with three entities for the financial year 2026-27. These transactions are proposed on an arm's length basis in the ordinary course of business.

VL E-Governance shares promoters with Vakrangee. Vortex Engineering is a subsidiary with a 75.94% stake held by the listed entity. Vakrangee Finserve is a wholly-owned subsidiary. The annual consolidated turnover of the company as on March 31, 2026, was ₹254.76 crore.

Voting and Meeting Details

E-voting will commence on Sunday, September 20, 2026, at 9:00 am and conclude on Tuesday, September 22, 2026, at 5:00 pm. The record date for determining voting rights is Wednesday, September 16, 2026. Members holding shares as on this date are eligible to vote electronically through NSDL.

The register of members and share transfer books will remain closed from Thursday, September 17, 2026, to Wednesday, September 23, 2026. Ms. Kalpana Srinivasan has been appointed as the scrutinizer for the e-voting process.