AGS Transact
AGS Transact provides integrated cash and ATM management solutions and digital payment and cash-based services to banks and corporate clients.
- Public company
- Mumbai, MH, INIndia
AGS Transact provides integrated cash and ATM management solutions and digital payment and cash-based services to banks and corporate clients.
AGS Transact Technologies postpones its Q1 FY26 financial results due to increased audit complexity under the Insolvency and Bankruptcy Code (IBC). The company’s stock price remains near ₹2, while Committee of Creditors (CoC) meetings proceed. The delay reflects operational hurdles tied to regulatory scrutiny during restructuring.
Aug 2026multibagg.aiNews article
AGS Transact Technologies Limited has entered the Corporate Insolvency Resolution Process (CIRP) under the NCLT Mumbai Bench. The company’s operations are now under the oversight of Interim Resolution Professional Brijendra Kumar Mishra, who will manage financial decisions. Creditors must submit claims by **September 8, 2025**, with the process set to conclude by **February 21, 2026**.
Oct 2025scanx.tradeNews article
The National Company Law Tribunal (NCLT) admits **AGS Transact Technologies** into insolvency proceedings after its operational creditor, Securitrans India, filed a petition over unpaid dues of ₹2.37 crore. The Mumbai bankruptcy court appoints Brijendra Kumar Mishra as interim resolution professional. The listed payment solutions firm reported a ₹70 crore loss in FY24.
Aug 2025The Economic TimesNews article
AGS Transact is exploring the sale of a majority stake in its subsidiary **ITSL** to the **Patanjali Group**. The discussions follow a credit rating downgrade that classified ITSL’s debt as junk. The move aims to restructure ITSL’s financial obligations amid market challenges.
Apr 2025BusinessLineNews article