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AGSTRA - AGS Transact

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

📢 Recent Corporate Announcements

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.

AGS Transact Technologies Schedules Adjourned 7th CoC Meeting Under CIRP

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 13 Feb 2026, 04:28 PM

AGS Transact Technologies Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has announced the adjourned 7th meeting of its Committee of Creditors (CoC). The meeting is scheduled for February 16, 2026, and will be conducted via video conferencing. The company's affairs are currently being managed by a Deemed Resolution Professional, Brijendra Kumar Mishra, as per IBBI regulations. This meeting is a critical step in determining the future of the company and the potential recovery for creditors.

Adjourned 7th meeting of the Committee of Creditors (CoC) scheduled for February 16, 2026
Company is currently operating under the Corporate Insolvency Resolution Process (CIRP)
Brijendra Kumar Mishra is serving as the Deemed Resolution Professional (RP)
Disclosure filed under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015

💡 Investors should exercise extreme caution as the company is in insolvency proceedings, which typically results in significant equity dilution or total loss for shareholders. Monitor the outcomes of CoC meetings for any proposed resolution plans or liquidation updates.

AGS Transact Technologies: 7th Committee of Creditors Meeting Scheduled for Feb 12, 2026

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 10 Feb 2026, 04:51 PM

AGS Transact Technologies Limited, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has scheduled its 7th Committee of Creditors (CoC) meeting for February 12, 2026. The meeting will be conducted via video conferencing to discuss the ongoing resolution and recovery efforts. As the company is under CIRP, the management is currently overseen by the Deemed Resolution Professional, Brijendra Kumar Mishra. This meeting is a critical step in the insolvency process which determines the future viability of the company.

7th meeting of the Committee of Creditors (CoC) is scheduled for February 12, 2026, at 02:30 PM.
The company is officially under the Corporate Insolvency Resolution Process (CIRP) as per SEBI regulations.
Brijendra Kumar Mishra is serving as the Deemed Resolution Professional (RP) for the process.
The meeting will be held via Video Conferencing to discuss the resolution status with creditors.

💡 Investors should exercise extreme caution as equity shareholders typically face significant value erosion or total loss during insolvency proceedings. Monitor the outcome of CoC meetings for any potential resolution plans or liquidation orders.

AGS Transact Technologies Appoints Legal Counsel During Ongoing Insolvency Process (CIRP)

🔴 NEGATIVE ⭐ 8/10

LEGAL 📅 04 Feb 2026, 03:56 PM

AGS Transact Technologies Limited is currently undergoing the Corporate Insolvency Resolution Process (CIRP). During the 6th meeting of the Committee of Creditors (CoC) held on January 21, 2026, the company approved the appointment of M/s Batatawala and Associates as legal counsel. This appointment is on a retainership basis to represent the Corporate Debtor in ongoing legal proceedings. The company remains under the management of a Deemed Resolution Professional as per IBC regulations.

6th meeting of the Committee of Creditors (CoC) concluded via e-voting on January 21, 2026.
M/s Batatawala and Associates appointed as the Advocate on a retainership basis.
Company continues to operate under the Corporate Insolvency Resolution Process (CIRP).
Brijendra Kumar Mishra is acting as the Deemed Resolution Professional for the process.

💡 Investors should exercise extreme caution as the company is in insolvency, which carries a high risk of equity wipeout. Monitor the progress of the resolution plan and future CoC meetings for updates on the company's survival.

AGS Transact Extends Resolution Plan Submission Deadline to February 9, 2026

🔵 WATCH ⭐ 9/10

LEGAL 📅 04 Feb 2026, 10:59 AM

AGS Transact Technologies, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has extended the deadline for prospective resolution applicants to submit their plans. The extension was granted following a request and subsequent approval by the Committee of Creditors (CoC). The new deadline for submission is now February 9, 2026. This development indicates that the insolvency process is ongoing and the company is still seeking viable bids for its resolution.

Last date for submission of Resolution Plans extended to February 9, 2026
Extension approved by the Committee of Creditors (CoC) following requests from applicants
Company continues to operate under the Corporate Insolvency Resolution Process (CIRP)
Brijendra Kumar Mishra is serving as the Deemed Resolution Professional for the process

💡 Investors should remain highly cautious as the company is in insolvency; equity value is at significant risk of dilution or total loss depending on the final resolution plan. Monitor the February 9 deadline for updates on the number of bids received.

AGS Transact Extends Resolution Plan Submission Deadline to February 3, 2026

🔵 WATCH ⭐ 8/10

LEGAL 📅 28 Jan 2026, 01:57 PM

AGS Transact Technologies, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has extended the deadline for prospective resolution applicants to submit their plans. The new deadline is now February 3, 2026, shifted from the previous undisclosed date following requests from bidders and approval by the Committee of Creditors (CoC). This extension suggests that there is active interest from potential buyers, though the company remains under the control of a Resolution Professional. Shareholders should remain aware that insolvency proceedings typically involve significant risk to equity value.

Deadline for submission of Resolution Plans extended to February 3, 2026
Extension granted following formal requests from Prospective Resolution Applicants
The Committee of Creditors (CoC) has officially approved the timeline revision
Company remains under Corporate Insolvency Resolution Process (CIRP) as per SEBI regulations
Brijendra Kumar Mishra continues as the Deemed Resolution Professional overseeing the process

💡 Investors should monitor the February 3 deadline closely for news on the number and quality of bids received. Given the insolvency status, the stock remains highly speculative and equity holders often face significant haircuts in final resolution plans.

AGS Transact Extends Resolution Plan Submission Deadline to Feb 3, 2026

🔵 WATCH ⭐ 9/10

LEGAL 📅 28 Jan 2026, 01:00 PM

AGS Transact Technologies, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has announced an extension for the submission of resolution plans. Following requests from prospective resolution applicants and approval from the Committee of Creditors (CoC), the new deadline is set for February 3, 2026. This extension indicates that there is active interest from potential bidders, though it prolongs the period of uncertainty for stakeholders. The final resolution plan will be critical in determining the company's future and any potential recovery for existing shareholders.

Deadline for submission of Resolution Plans extended to February 3, 2026.
Extension granted based on specific requests from Prospective Resolution Applicants.
The Committee of Creditors (CoC) has formally approved the revised timeline.
The company continues to operate under the Corporate Insolvency Resolution Process (CIRP).
Brijendra Kumar Mishra remains the Deemed Resolution Professional for the process.

💡 Investors should exercise extreme caution as CIRP outcomes often lead to significant equity dilution or total loss for retail shareholders. Monitor the February 3 deadline for updates on the number and quality of bids received.

AGS Transact Technologies Schedules 6th Committee of Creditors Meeting Under CIRP

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 20 Jan 2026, 12:40 PM

AGS Transact Technologies Limited (AGSTRA) has announced that the 6th meeting of its Committee of Creditors (CoC) is scheduled for January 21, 2026. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP), a legal procedure to resolve its outstanding debts. This meeting is a critical step in determining the future of the company, including potential resolution plans or liquidation. Investors should be aware that the company's operations are currently managed by a Deemed Resolution Professional.

6th meeting of the Committee of Creditors (CoC) scheduled for January 21, 2026, at 03:00 PM
Company is currently under the Corporate Insolvency Resolution Process (CIRP)
Brijendra Kumar Mishra is acting as the Deemed Resolution Professional for the process
Meeting to be conducted via Video Conferencing as per SEBI Regulation 30 disclosures

💡 Investors should exercise extreme caution as insolvency proceedings often lead to significant equity dilution or total loss for shareholders. It is advisable to monitor the outcome of the CoC meeting for any updates on the resolution plan.

AGS Transact Extends Resolution Plan Submission Deadline to January 27, 2026

🔵 WATCH ⭐ 8/10

LEGAL 📅 13 Jan 2026, 05:22 PM

AGS Transact Technologies Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has announced an extension for the submission of resolution plans. Following requests from prospective applicants and approval from the Committee of Creditors (CoC), the new deadline is set for January 27, 2026. This extension indicates ongoing interest from potential bidders to take over the company's operations. The process is being managed by the Deemed Resolution Professional, Brijendra Kumar Mishra.

Last date for submission of Resolution Plans extended to January 27, 2026
Extension granted following requests from prospective resolution applicants
Committee of Creditors (CoC) has formally approved the revised timeline
Company remains under Corporate Insolvency Resolution Process (CIRP) as per IBBI regulations
Disclosure filed under Regulation 30 of SEBI (LODR) Regulations, 2015

💡 Investors should remain highly cautious as insolvency proceedings often lead to significant equity dilution or delisting. Monitor the January 27 deadline for the emergence of a successful bidder which will determine the recovery prospects for stakeholders.

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.