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AGS Transact Technologies Ltd is one of India's leading Omni-channel payment solution providers. It is the second-largest company in India in terms of revenue from ATM managed services and also the largest deployer of POS terminals at petroleum outlets in India.
AGS Transact Technologies has announced a board meeting to approve the financial results for the quarter and half-year. The company’s Secretarial Auditor has resigned due to pre-occupation, with no financial impact indicated. Investors should watch for the appointment of a new auditor and the forthcoming financial performance.
AGS Transact Technologies has accepted a non-binding term sheet for the sale of its 90% equity interest in its step-down subsidiary, Novus Technologies Pte. Ltd. This strategic move aims to reduce debt and enhance cash flow, marking a critical step in the company's financial restructuring. The transaction is contingent upon...
The company has identified an error in the previously submitted shareholding pattern for the quarter ended December 31, 2024. The corrected figures now indicate that a total of 1,16,90,000 shares are pledged or encumbered by the Promoters and Promoter Group. The revised shareholding pattern displays Promoter holdings at 7,69,55,506 shares,...
AGS Transact Technologies Limited is addressing recent media reports regarding its ATM network operations. The company, along with its wholly-owned cash management subsidiary, is collaborating with banking customers to ensure operational continuity across its ATM network. Currently, about 50% of the ATMs in its network have been migrated to bank...
AGS Transact Technologies Limited and its subsidiary, Securevalue India Limited, have defaulted on principal repayment obligations for various borrowings, totaling ₹15.3 crore in principal and ₹1.74 crore in interest for AGS as of March 4, 2025, alongside ₹3.83 crore principal and ₹0.36 crore interest for SVIL. This is attributed to...