Vakrangee Limited is undertaking a preferential allotment of 35 crore Convertible Warrants to non-promoter investors. These Warrants, issued at ₹28 per warrant, will be convertible into equity shares of the company
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The company focuses on advanced EPC projects, industrial and international ventures, and aims to increase its share of Operation & Maintenance (O&M) contracts, which will enhance margins, and cash flows, and optimize the working capital cycle
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F ounded in 1948 with the purchase of a Liberty ship, Great Eastern Shipping Company Ltd (GE Shipping) has grown into India's largest private sector shipping company by FY24.
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