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EQUITY - MARKET SCREENER

TVS Motor Company Ltd
Industry :  Automobiles - Motorcycles / Mopeds
BSE Code
ISIN Demat
Book Value()
532343
INE494B01023
204.6115002
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
TVSMOTOR
48.13
168807.95
EPS(TTM)
Face Value()
Div & Yield %
73.83
1
0.28
 

shrydus industries ltd
IndiaFirst Life Insurance joins hands with Vakrangee to Expand Insurance Distribution Network
Apr 11,2026

Vakrangee Limited has officially announced a strategic partnership with IndiaFirst Life Insurance Company to distribute life insurance products through its extensive Vakrangee Kendra network.

Announced under Regulation 30 of SEBI regulations, this partnership aims to expand the reach of life insurance coverage. Furthermore, it targets underserved rural and semi-urban markets across India. Leveraging its IRDAI Corporate Agency registration, Vakrangee will offer term protection plans and life insurance solutions.

IndiaFirst Life Insurance Company operates as a domestic subsidiary of Bank of Baroda and stands as one of the fastest-growing private life insurance companies in India. The company serves over 16 million customers and covers more than 90% of India's postal codes. As of March 31, 2025, IndiaFirst Life recorded Rs 1,425 crore in new business individual retail premiums and ₹7,218 crore in total premiums.

This partnership enables Vakrangee to offer IndiaFirst Life Insurance products through its established Kendra network. This arrangement positions the company as a distribution channel for life insurance products, specifically targeting rural and semi-urban markets where traditional insurance penetration remains limited.

Vedant Nandwana, MD, Vakrangee Limited, expressed enthusiasm about this collaboration, stating that 'We are delighted to partner with IndiaFirst Life Insurance Company Limited, a trusted name in the insurance sector. This collaboration strengthens our commitment to expanding the reach of critical financial services across the country.'

Nandwana emphasized the company's strategic positioning, Noted that 'With a strong presence in Tier 4 to Tier 6 markets, Vakrangee is uniquely positioned to drive deeper insurance penetration. Our focus remains on delivering seamless, reliable, and accessible solutions that contribute to financial security and inclusion at the grassroots level.'

The partnership leverages Vakrangee's extensive network presence in underserved regions to bridge the gap between insurance providers and potential customers.

Vakrangee Kendras, operating as one-stop service points, will now offer life insurance alongside existing services including banking, ATM services, assisted e-commerce, e-governance, and healthcare.