Vakrangee Ltd. is making every day low in share market. Here are my views about this company. Should be useful who has invested in this company or willing to invest.
Recently, I tried to call them on the number mentioned on their website – http://vakrangee.in/contact-...hp . They have listed only their Mumbai office numbers. No numbers are mentioned for any other branches. Very strange. Why none of the other branches numbers are mentioned? I am not able to contact with them on any of the numbers listed on their website. One of them ( the last one ) rings but nobody picks ups.
Numbers mentioned on the site wrong and doesn’t exists, toll free number mentioned doesn`t exists. Share are in too much bad shape but none of the promotors are saying/clarifying anything. I really doubt even they (promotors ) are in India. As per them they had two meetings in UK and some other other country ( why abroad and not in India ) but no transcript is available that what was discussed there.
They talked about the Buy back offer sometime ago but nothing was done till date? Seems it was a fake offer just to make the share holders fool.
A few days ago there was a story about Vakrangee – https://the-ken.com/story/vakrangee-share-price... . I hope many have read this story. After this the list of the Vakrangee kendras are removed from the site. Company`s auditors are out. They say that they are not getting any proper replies/data/clarification from the company.
After all these things, I think it is pretty clear that that everything was manipulated and Varkrangee is a huge fraud and all their previous balance sheet etc were fraud. I now have ZERO hopes from this share and I am assuming 100% loss of the invested money.