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Vakrangee Ltd announces corporate agency tie up with Aditya Birla Health Insurance Company Ltd

Posted On: 2017-03-17 22:53:43

Vakrangee Limited announces Corporate Agency (IRDA Registration Code CA0249), tie-up with Aditya Birla Health Insurance Company Limited for distribution of Health Insurance products.

Vakrangee Limited is one of the India's largest network of technology driven last-mile retail points-ofsale and this tie up with Aditya Birla Health Insurance Company Limited is going to be a win-win affair for all stakeholders.

While Aditya Birla Health Insurance will be able to expand its distribution network in more than 29,000 Vakrangee Kendra outlets, Vakrangee will have added range of quality product to offer through its vast distribution network.

Citizens, especially in un-served and underserved areas, will be able to access quality Health Insurance products and services offered/to be offered by Aditya Birla Health Insurance.

Aditya Birla Health Insurance Company Limited is a joint venture between Aditya Birla Group, and MMI Holdings Limited (MMI). This partnership between a Fortune 500 Indian Group and one of South Africa's largest insurance companies aims to revolutionize the Indian health insurance industry with a unique offering for customers.

Shares of Vakrangee Limited was last trading in BSE at Rs.318.85 as compared to the previous close of Rs. 316.65. The total number of shares traded during the day was 78499 in over 1023 trades.

The stock hit an intraday high of Rs. 320.45 and intraday low of 316.6. The net turnover during the day was Rs. 25036556.


Source: Equity Bulls

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