AGS Transact Technologies Ltd. ( (IN:AGSTRA) ) has issued an update.
AGS Transact Technologies Ltd. reported its unaudited financial results for the quarter and nine months ended December 31, 2024, which were reviewed by the auditors who issued an adverse opinion. The Board also decided to restructure loans with lenders to manage repayment obligations. Additionally, several key resignations were announced, including independent directors and senior management personnel. The company also decided to invest up to Rs. 23 Crores in India Transact Services Limited, a wholly-owned subsidiary, through equity shares in lieu of converting a loan.
More about AGS Transact Technologies Ltd.
AGS Transact Technologies Ltd. operates in the financial technology sector, primarily focusing on providing payment solutions, ATM outsourcing, and cash management services. The company is known for its innovative technology solutions and has a significant presence in the Indian market.
YTD Price Performance: -50.97%
Average Trading Volume: 76,410
Current Market Cap: 4.11B INR
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