Vakrangee Limited has announced the grant of stock options to its eligible employees under its established Employee Stock Option Scheme. The company's Nomination and Remuneration and Compensation Committee approved this significant employee benefit initiative on January 24, 2026.

Stock Option Grant Details

The NRC Committee has approved and granted a substantial number of options to eligible employees as part of the company's ongoing commitment to employee incentivization.

ESOP Scheme Framework

The stock option grant operates under the company's established Employee Stock Option Scheme 2014, which has been amended from time to time to align with regulatory requirements and business objectives. The grant of options and the pricing structure are in accordance with the provisions of this scheme.

The ESOP initiative reflects the company's strategy to align employee interests with shareholder value creation through equity participation. Such schemes typically serve as retention tools while providing employees with potential financial benefits linked to the company's performance.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ensuring transparency with stakeholders. The company has duly informed both BSE Limited and the National Stock Exchange of India about this development.

This stock option grant represents a significant step in Vakrangee Limited's human resource strategy, potentially benefiting a substantial number of eligible employees through equity participation in the company's future growth.

Vakrangee Limited delivered impressive financial performance in Q3FY26, with the Board of Directors approving the unaudited financial results for the quarter and nine months ended December 31, 2025, during their meeting held on January 24, 2026.

Strong Standalone Financial Performance

The company demonstrated robust growth in its standalone operations during Q3FY26. Revenue from operations increased to ₹4,754.01 crores compared to ₹4,621.04 crores in Q3FY25, representing a growth of 2.87%. Total income, including other income of ₹101.75 crores, reached ₹4,855.76 crores for the quarter.

The company's profitability showed remarkable improvement with net profit for Q3FY26 reaching ₹371.93 crores, a substantial increase of 95.67% from ₹190.11 crores in the corresponding quarter of the previous year. Profit before tax stood at ₹491.33 crores compared to ₹255.59 crores in Q3FY25.

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, Vakrangee maintained strong momentum with revenue from operations at ₹13,911.31 crores compared to ₹13,838.99 crores in the corresponding period last year. Net profit for the nine-month period reached ₹892.06 crores, significantly higher than ₹535.02 crores in the previous year, marking a growth of 66.73%.

Consolidated Results Show Solid Growth

On a consolidated basis, the company reported revenue from operations of ₹6,010.49 crores for Q3FY26 compared to ₹6,787.58 crores in Q3FY25. Consolidated net profit stood at ₹315.01 crores for the quarter, substantially higher than ₹104.63 crores in the corresponding quarter last year.

Key Corporate Developments

The Board approved several important corporate actions during the meeting. Most notably, Mr. Aditya Jani was appointed as Chief Financial Officer and designated as Key Managerial Personnel effective January 24, 2026. Mr. Jani brings over 14 years of experience in finance, banking, investor relations, and corporate strategy, having been with Vakrangee since 2011.

Share Consolidation Initiative

Vakrangee has filed a petition before the National Company Law Tribunal, Mumbai Bench-IV on October 28, 2025, seeking consolidation of every 1,08,31,91,807 fully paid-up equity shares of face value ₹1 each into 10,83,19,180 fully paid-up equity shares of face value ₹10 each. The petition was admitted by the Tribunal on December 11, 2025, with the next hearing scheduled for January 29, 2026.

Business Segments and Operations

The company's activities predominantly comprise providing various services through Vakrangee Kendra, which represents the primary reportable operating segment for standalone operations. On a consolidated basis, the group operates two main segments: Vakrangee Kendra and Sale of Automated Teller Machines (ATM) Products/Services, reflecting the diversified nature of the business portfolio.