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AGSTRA - AGS Transact

📊 NSE: AGSTRA 🏢 Computers - Hardware 📅 Last Updated: 12/13/2025 18:00

📢 Recent Corporate Announcements

AGS Transact Technologies: CoC Approves Change in Books of Accounts Location Under CIRP

🔵 WATCH ⭐ 7/10

LEGAL 📅 14 Apr 2026, 02:47 PM

AGS Transact Technologies, currently undergoing the Corporate Insolvency Resolution Process (CIRP), held its 10th Committee of Creditors (CoC) meeting on April 4, 2026. The CoC approved a resolution to move the company's books of accounts and records from its previous location at Indiabulls Finance Centre to its registered office at Kamala Mills, Mumbai. This administrative shift is part of the ongoing insolvency proceedings managed by the Resolution Professional, Brijendra Kumar Mishra. The company continues to operate under the legal framework of the Insolvency and Bankruptcy Code.

10th meeting of the Committee of Creditors (CoC) concluded via e-voting on April 4, 2026.
Relocation of books of accounts and records to the Registered Office at Kamala Mills, Mumbai.
Company remains under Corporate Insolvency Resolution Process (CIRP) as per SEBI Regulation 30.
Resolution Professional Brijendra Kumar Mishra's AFA is valid until December 31, 2026.

💡 Investors should remain highly cautious as the company is under insolvency, which typically results in significant risk to equity holders. Closely monitor future CoC updates for news regarding a potential resolution plan or liquidation.

AGS Transact Technologies Conducts 11th Committee of Creditors Meeting Under CIRP

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 13 Apr 2026, 05:13 PM

AGS Transact Technologies Limited (AGSTRA) is currently undergoing the Corporate Insolvency Resolution Process (CIRP). The company informed the exchanges that the 11th meeting of the Committee of Creditors (CoC) was held on April 10, 2026, via video conferencing. The process is being managed by Brijendra Kumar Mishra, the Deemed Resolution Professional, as the company seeks a resolution for its debt obligations under the Insolvency and Bankruptcy Code.

11th meeting of the Committee of Creditors (CoC) was held on April 10, 2026.
The company is currently under the Corporate Insolvency Resolution Process (CIRP).
Proceedings are overseen by Deemed Resolution Professional Brijendra Kumar Mishra (IBBI/IPA-002/IP-N00109/2017-2018/10257).
Disclosure made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

💡 Investors should exercise extreme caution as CIRP proceedings often result in significant equity dilution or total loss for retail shareholders. Monitor for updates regarding the approval of any resolution plan by the NCLT.

AGS Transact Technologies Files Routine Q4 FY26 Share Dematerialization Certificate

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 13 Apr 2026, 11:40 AM

AGS Transact Technologies has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the period ending March 31, 2026. The document confirms that the Registrar, MUFG Intime India, has processed all dematerialization requests and updated the register of members within prescribed timelines. Notably, the company remains under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated August 25, 2025. This filing is a mandatory procedural requirement and does not reflect changes in business fundamentals.

Compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for Q4 FY26.
Confirmation from Registrar MUFG Intime India regarding the processing of security certificates.
Company continues to be under Corporate Insolvency Resolution Process (CIRP) since August 25, 2025.
The filing confirms that dematerialized shares are listed on both BSE and NSE.

💡 This is a routine administrative filing; investors should instead focus on updates regarding the ongoing Corporate Insolvency Resolution Process (CIRP) for any material impact on the company's future.

AGS Transact: CoC Appoints CS and Due Diligence Auditor During 8th Meeting Under CIRP

🔴 NEGATIVE ⭐ 8/10

LEGAL 📅 31 Mar 2026, 02:21 PM

AGS Transact Technologies, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has announced outcomes from its 8th Committee of Creditors (CoC) meeting held on March 13, 2026. The CoC has appointed M/s Mihen Halani and Associates as the Practicing Company Secretary to handle compliance for the corporate debtor. Crucially, M/s Rutvik S Thakkar and Co. have been appointed to conduct Section 29A due diligence, a mandatory step to vet the eligibility of potential resolution applicants. These procedural steps indicate the insolvency process is moving toward the evaluation of potential bidders.

8th meeting of the Committee of Creditors (CoC) concluded via e-voting on March 13, 2026
Appointment of M/s Mihen Halani and Associates as Practicing Company Secretary for the company
M/s Rutvik S Thakkar and Co. engaged for Section 29A due diligence under the IBC Code
Company remains under the management of Deemed Resolution Professional Brijendra Kumar Mishra
Disclosure made under Regulation 30 of SEBI LODR following insolvency proceedings

💡 Investors should remain highly cautious as equity value is typically significantly impaired or wiped out during insolvency resolution. Monitor the outcome of the Section 29A due diligence to see if any credible resolution plans are submitted for the company.

AGS Transact Technologies Closes Trading Window from April 1 for Q4 FY26 Results

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Mar 2026, 05:10 PM

AGS Transact Technologies has announced the closure of its trading window effective April 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is ahead of the declaration of the company's audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026. The window will remain closed until 48 hours after the results are made public. Investors should note that the company is currently undergoing a Corporate Insolvency Resolution Process (CIRP) initiated on August 25, 2025.

Trading window closure starts on Wednesday, April 1, 2026, for all designated persons.
Closure relates to the audited financial results for the quarter and full year ended March 31, 2026.
The window will reopen 48 hours after the financial results are declared to the exchanges.
Company remains under Corporate Insolvency Resolution Process (CIRP) per NCLT order dated August 25, 2025.

💡 This is a routine regulatory announcement and requires no immediate action; however, investors should closely monitor the upcoming financial results for updates on the insolvency resolution progress.

AGS Transact Technologies Changes Registered Office Address Amidst Ongoing CIRP

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 23 Mar 2026, 04:55 PM

AGS Transact Technologies Limited has shifted its registered office within the same building complex in Mumbai, moving from units 601-602 to 605-606 at Trade World, Kamala Mills. This administrative change was approved during the 5th meeting of the Committee of Creditors (CoC) held on January 13, 2026. The company remains under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated August 25, 2025. The filing was executed by the Deemed Resolution Professional as part of the ongoing insolvency management.

Registered office relocated from units 601-602 to 605-606 within B Wing, Trade World, Mumbai.
Change approved by the Committee of Creditors in their 5th meeting on January 13, 2026.
Company has been under Corporate Insolvency Resolution Process (CIRP) since August 25, 2025.
The move is within local limits and does not signify a change in operational geography.

💡 This is a routine administrative update and does not impact the company's valuation. Investors should prioritize monitoring the progress of the CIRP and any upcoming resolution plans submitted to the NCLT.

AGS Transact Technologies to Hold 10th CoC Meeting Under Insolvency Process

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 23 Mar 2026, 03:15 PM

AGS Transact Technologies Limited is currently undergoing the Corporate Insolvency Resolution Process (CIRP) as per SEBI regulations. The company has scheduled the 10th meeting of the Committee of Creditors (CoC) for March 25, 2026, to discuss the resolution roadmap. The process is being managed by Brijendra Kumar Mishra, the Deemed Resolution Professional, as the company seeks a way out of its debt obligations. For equity investors, this process indicates significant financial distress and potential risk to shareholding value.

10th meeting of the Committee of Creditors (CoC) scheduled for March 25, 2026
Company is currently under Corporate Insolvency Resolution Process (CIRP)
Brijendra Kumar Mishra is serving as the Deemed Resolution Professional
Meeting to be conducted via Video Conferencing at 12:00 noon

💡 Investors should exercise extreme caution as equity holders typically face significant capital erosion or total loss during insolvency proceedings. Monitor the CoC meeting outcomes for any news regarding a resolution plan or potential liquidation.

AGS Transact Technologies Schedules 9th CoC Meeting Under Insolvency Process

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 20 Mar 2026, 10:26 AM

AGS Transact Technologies Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has scheduled its 9th Committee of Creditors (CoC) meeting for March 20, 2026. The meeting will be conducted via video conferencing to discuss the ongoing resolution proceedings and creditor matters. As the company is under the control of a Resolution Professional, the management powers of the board remain suspended. This process significantly impacts the company's operational future and the potential recovery for stakeholders.

9th meeting of the Committee of Creditors (CoC) scheduled for March 20, 2026
Company is officially under Corporate Insolvency Resolution Process (CIRP)
Brijendra Kumar Mishra is serving as the Deemed Resolution Professional
Meeting to be conducted via Video Conferencing at 12:00 noon

💡 Investors should exercise extreme caution as equity value is often significantly diluted or extinguished during insolvency proceedings. Monitor the outcomes of CoC meetings for any updates on resolution plans or potential liquidation.

AGS Transact Technologies Schedules 8th Committee of Creditors Meeting Under CIRP

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 12 Mar 2026, 11:16 AM

AGS Transact Technologies Limited is currently undergoing a Corporate Insolvency Resolution Process (CIRP) as per SEBI regulations. The company has announced that the 8th meeting of the Committee of Creditors (CoC) is scheduled for March 13, 2026, to discuss the resolution process. This meeting is a critical step in determining the future of the company's debt restructuring or potential liquidation. The company is currently being managed by a Deemed Resolution Professional, Brijendra Kumar Mishra.

8th meeting of the Committee of Creditors (CoC) scheduled for March 13, 2026
Company is currently under Corporate Insolvency Resolution Process (CIRP)
Meeting to be conducted via Video Conferencing at 03:00 PM
Brijendra Kumar Mishra is the appointed Deemed Resolution Professional
Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015

💡 Investors should exercise extreme caution as equity value is often significantly impaired or wiped out during the CIRP process. Monitor the outcome of the CoC meeting for any updates on resolution plans or liquidation proceedings.

AGS Transact Technologies Files Q2 FY26 Share Dematerialization Compliance Certificate

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 09 Mar 2026, 05:17 PM

AGS Transact Technologies has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations for the period ended September 30, 2025. The filing confirms that the Registrar and Share Transfer Agent, MUFG Intime India, processed all dematerialization requests within the prescribed timelines. Notably, the company remains under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated August 25, 2025. The company's affairs are currently managed by a Deemed Resolution Professional, Brijendra Kumar Mishra.

Compliance certificate submitted for the quarter ended September 30, 2025
Company is currently under Corporate Insolvency Resolution Process (CIRP) as of August 25, 2025
Registrar MUFG Intime India confirmed all security certificates were processed and listed on exchanges
Management is currently overseen by Deemed Resolution Professional Brijendra Kumar Mishra
Standard regulatory filing with no immediate impact on financial performance

💡 This is a routine regulatory filing and does not impact the company's valuation. Investors should closely monitor the ongoing Corporate Insolvency Resolution Process (CIRP) for updates on the company's future.

AGS Transact Technologies Submits Q2 FY26 Demat Compliance Certificate Amid CIRP

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 09 Mar 2026, 04:59 PM

AGS Transact Technologies has filed its quarterly compliance certificate regarding the dematerialization of shares for the quarter ended September 30, 2025. The Registrar, MUFG Intime India, confirmed that security certificates were processed, cancelled, and listed on stock exchanges within prescribed timelines. Crucially, the company remains under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated August 25, 2025. The company's affairs are currently managed by a Deemed Resolution Professional, Brijendra Kumar Mishra.

Compliance certificate issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.
Covers the dematerialization activities for the quarter ended September 30, 2025.
Company is currently under Corporate Insolvency Resolution Process (CIRP) since August 25, 2025.
Registrar MUFG Intime India confirmed all security certificates were processed and substituted in the register of members.

💡 This is a routine regulatory filing and does not impact the company's valuation. Investors should remain focused on developments regarding the ongoing Corporate Insolvency Resolution Process (CIRP).

AGS Transact Delays Q2 FY26 Results Due to Insolvency Proceedings and Board Vacancies

🔴 NEGATIVE ⭐ 9/10

REGULATORY 📅 09 Mar 2026, 11:57 AM

AGS Transact Technologies has failed to submit its financial results for the quarter and half-year ended September 30, 2025, which were due by November 14, 2025. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated August 25, 2025. Delays are attributed to severe personnel shortages in the finance department and vacancies in the Board of Directors and Audit Committee. Furthermore, the audit for the previous fiscal year (FY 2024-25) is still ongoing, with auditors only appointed in December 2025.

Initiation of Corporate Insolvency Resolution Process (CIRP) against the company on August 25, 2025
Failure to meet the statutory deadline of November 14, 2025, for Q2 FY26 financial reporting
Audit for FY 2024-25 remains incomplete as of March 2026 despite auditor appointment on December 12, 2025
Significant vacancies in the Board of Directors and Audit Committee preventing financial data compilation
Company cited personnel shortages in the finance department as a primary hurdle for data preparation

💡 Investors should exercise extreme caution as the company is under insolvency proceedings and lacks financial transparency. The inability to report results and the ongoing CIRP process represent high risk for equity holders.

AGSTRA Delays Q2 FY26 Financials Due to Ongoing Insolvency Process and Personnel Shortages

🔴 NEGATIVE ⭐ 9/10

REGULATORY 📅 09 Mar 2026, 11:47 AM

AGS Transact Technologies Limited has failed to submit its financial results for the quarter and half-year ended September 30, 2025, missing the statutory deadline of November 14, 2025. The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP) initiated by the NCLT on August 25, 2025. The delay is attributed to severe personnel shortages in the finance department and vacancies in the Board and Audit Committee. Furthermore, the audit for the previous fiscal year (FY 2024-25) is still ongoing after auditors were only appointed in December 2025.

NCLT initiated Corporate Insolvency Resolution Process (CIRP) against the company on August 25, 2025.
Missed the regulatory deadline of November 14, 2025, for submitting Q2 and H1 FY26 financial statements.
Audit for the prior year (FY 2024-25) is still pending; auditors were appointed via e-voting only on December 12, 2025.
Company reports significant vacancies in the finance department, Board of Directors, and Audit Committee.

💡 Investors should exercise extreme caution as the company is in insolvency and currently lacks financial transparency. The ongoing CIRP and failure to report results indicate high risk to equity holders.

AGS Transact Technologies: CoC Approves 90-Day Extension for CIRP Period

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 23 Feb 2026, 01:07 PM

AGS Transact Technologies is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code. During the 7th and adjourned 7th Committee of Creditors (CoC) meetings held on February 12 and 16, 2026, a resolution was passed to extend the process timeline. The CoC has officially approved an extension of the CIRP period by 90 days through an e-voting process. This extension indicates that the resolution professional and creditors require additional time to evaluate or finalize a resolution plan for the company.

Committee of Creditors (CoC) approved a 90-day extension for the Corporate Insolvency Resolution Process (CIRP).
The decision was taken during the 7th and adjourned 7th CoC meetings held in February 2026.
The resolution for extension was passed through a formal E-Voting process by the CoC members.
The company remains under the management of Deemed Resolution Professional Brijendra Kumar Mishra.

💡 Investors should exercise extreme caution as CIRP typically poses a high risk of equity dilution or delisting. It is advisable to avoid new positions until the final resolution plan and its impact on minority shareholders are clarified.

AGS Transact Receives 3 Resolution Plans Under Insolvency Process

🔵 WATCH ⭐ 9/10

LEGAL 📅 18 Feb 2026, 04:38 PM

AGS Transact Technologies, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has received three resolution plans from potential applicants. These submissions include the mandatory Earnest Money Deposit (EMD), indicating serious interest in the company's revival. The Deemed Resolution Professional (RP) reported this development to the exchanges on February 18, 2026. This marks a critical milestone in the IBC process, as the Committee of Creditors will now evaluate these plans to determine the company's future.

Receipt of 3 distinct Resolution Plans from potential applicants
All plans accompanied by the required Earnest Money Deposit (EMD)
Disclosure filed under Regulation 30 of SEBI (LODR) Regulations
Process overseen by Deemed Resolution Professional Brijendra Kumar Mishra

💡 Investors should exercise extreme caution as CIRP outcomes often involve significant equity dilution or delisting. Monitor upcoming announcements regarding the Committee of Creditors' (CoC) evaluation and voting on these plans.

View All AGSTRA Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total income for Q2 FY25 was INR 3,681 million, a decline of 5.3% compared to INR 3,886 million in Q2 FY24. Segment-wise, Securevalue India (Cash Management) reported INR 1,007 million, ITSL (Digital Payments) reported INR 256 million, and GTSL (Foreign Subsidiary) reported INR 203 million.

Geographic Revenue Split

The company operates across 2,200 cities and towns in India with 4,90,000 touchpoints. It has expanded internationally into Southeast Asia, specifically Sri Lanka, Philippines, and Cambodia through a Singapore-based subsidiary.

Profitability Margins

PAT turned positive to INR 152 million in Q2 FY25 from a loss in the previous year. Adjusted PAT margin for FY24 was -5.4% compared to 2.2% in FY23. The company is currently focused on contract renegotiations to improve profitability in the core cash payments segment.

EBITDA Margin

Consolidated EBITDA for Q2 FY25 was INR 1,047 million with a margin of 28.4%. Segment EBITDA margins were: Securevalue India (21.5%), ITSL (9%), and GTSL (32%).

Credit Rating & Borrowing

CRISIL Ratings assigned a 'Poor' liquidity rating due to high debt repayment obligations of ~INR 210 crore in fiscal 2025 and stretched receivables. Net debt stood at INR 6,839 million including reverse factoring.

⚙️ Operational Drivers

Raw Materials

Hardware components for Cash Recycler Machines (CRMs), Cash Billing Terminals, and Digital Signage systems.

Capacity Expansion

Deployment of new Cash Recycler Machines (CRMs) is in progress for Q3 and Q4 FY25, which is expected to drive revenue growth in the core cash payments business.

Logistics & Distribution

The company is growing retail cash pickups to optimize its cash logistics network and expand revenue streams.

📈 Strategic Growth

Growth Strategy

Growth will be achieved through the deployment of CRMs in H2 FY25, expansion of retail cash pickups, and a 5-year fixed-fee revenue contract for fuel and fleet management with Indian Oil.

Products & Services

Cash Recycler Machines (CRMs), Cash Billing Terminals, Digital Signage Software, and Prepaid Fuel Management Platforms.

Brand Portfolio

AGS Transact, Securevalue India (SVIL), ITSL.

New Products/Services

Fuel and fleet management program with Indian Oil, managing a prepaid platform with fixed-fee revenue over 5 years.

Market Expansion

Expansion into Southeast Asian markets including Sri Lanka, Philippines, and Cambodia.

Market Share & Ranking

One of India’s leading providers of end-to-end cash and digital payment solutions.

Strategic Alliances

Partnership with Indian Oil for a prepaid fuel and fleet management platform.

🌍 External Factors

Industry Trends

The industry is seeing a rapid evolution in payment landscapes; AGS is positioning itself to lead this by bridging cash and digital solutions through CRMs and its ITSL subsidiary.

Competitive Landscape

Operates in a competitive landscape of cash management and digital payment providers, competing on network reach and technology integration.

Competitive Moat

Moat is built on an extensive network of 4,90,000 touchpoints across 2,200 cities, creating high entry barriers for competitors in cash management and ATM outsourcing.

Macro Economic Sensitivity

Highly sensitive to the evolving Indian payments landscape and the shift between cash and digital transaction volumes.

Consumer Behavior

Shift toward digital payments is affecting traditional ATM usage, prompting the company to pivot toward Cash Recycler Machines (CRMs) and digital solutions.

Geopolitical Risks

Exposure to Southeast Asian markets (Philippines, Sri Lanka, Cambodia) introduces regional geopolitical and regulatory risks.

⚖️ Regulatory & Governance

Industry Regulations

Complies with Section 148 of the Companies Act for cost audits and Section 204 for secretarial audits. Adheres to SEBI (LODR) Regulations for financial reporting.