An announcement from AGS Transact Technologies Ltd. ( (IN:AGSTRA) ) is now available.
AGS Transact Technologies Limited and its subsidiaries have faced financial setbacks, including defaults on loan repayments and delays in paying statutory dues and salaries due to delayed customer payments. Additionally, their GST registrations have been cancelled or suspended, impacting their financial stability and resulting in a credit rating downgrade. The company is working to rectify these issues and restore their GST registrations, while monitoring corrective actions taken by its subsidiaries.
More about AGS Transact Technologies Ltd.
AGS Transact Technologies Limited operates in the financial technology sector, providing services like cash management and digital payment solutions. The company serves various retail, petroleum, and banking sectors, focusing on technology-driven solutions to enhance transaction efficiency.
YTD Price Performance: -39.83%
Average Trading Volume: 77,114
Current Market Cap: 5.05B INR
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