Vakrangee has through its Wholly Owned Subsidiary Company, Vakrangee Logistics (VLPL) entered an alliance with Blue Dart Express, which shall offer last mile courier and logistics services to the Citizens on PAN India basis.

As per the arrangement with Blue Dart, VLPL through Vakrangee Kendras will offer Courier Pick-up and delivery services and help Blue Dart extend their reach to un-served and under-served areas.

This tie-up further expands the company's bouquet of services available to citizens through Vakrangee Kendras.

Shares of the company declined Rs 13.55, or 4.99%, to trade at  Rs 257.80.  The total volume of shares traded  was  1,148 at the BSE (9.40 a.m., Friday).