AGS Transact Technologies Limited has disclosed key decisions from its Committee of Creditors meeting as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The company, which is currently under insolvency proceedings, made the announcement to stock exchanges on 31st March 2026.

Committee of Creditors Meeting Outcomes

The 8th meeting of the Committee of Creditors, held on 13th March 2026, resulted in two major appointments through an e-voting process. The decisions reflect the committee's efforts to strengthen professional oversight during the insolvency resolution process.

Professional Appointments

The Committee of Creditors appointed M/s Mihem Halani and Associates as the Practicing Company Secretary for the Corporate Debtor. This appointment ensures compliance with corporate governance requirements during the insolvency process. Additionally, M/s Rutvik S Thakkar and Co. have been tasked with conducting due diligence under Section 29A of the Insolvency and Bankruptcy Code, 2016.

Resolution Professional Details

The disclosure was signed by Brijendra Kumar Mishra, serving as the Deemed Resolution Professional for AGS Transact Technologies Limited. Mishra holds IBBI Registration No: IBBI/IPA-002/IP-N00109/2017-2018/10257 and operates under AFA Details: AA2/10257/02/311226/204257, valid till 31st December 2026.

Regulatory Compliance

The announcement was made under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, ensuring transparency with stakeholders. The company communicated these developments to both BSE Limited and National Stock Exchange of India Limited, maintaining compliance with listing requirements during the insolvency proceedings.

AGS Transact Technologies Limited has officially relocated its registered office within Mumbai, marking an administrative change during its ongoing Corporate Insolvency Resolution Process (CIRP). The company has informed stock exchanges about this development in compliance with regulatory disclosure requirements.

Office Relocation Details

The company has shifted its registered office from the previous address to a new location within the same commercial complex. The relocation represents an internal move within Lower Parel's Trade World complex.

Corporate Insolvency Process Context

AGS Transact Technologies Limited is currently operating under Corporate Insolvency Resolution Process, supervised by the National Company Law Tribunal (NCLT). The company entered CIRP following an NCLT order dated August 25, 2025. CA Brijendra Kumar Mishra serves as the Deemed Resolution Professional, overseeing the company's operations during this process.

The office relocation decision was made pursuant to a resolution passed by the Committee of Creditors, which represents the company's stakeholders in the insolvency proceedings. The move remains within the local limits of Mumbai city, ensuring continuity of operations and regulatory compliance.

Regulatory Compliance

The company has notified both major stock exchanges about this change in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, specifically under Regulation 30. This ensures transparency and keeps investors informed about material corporate developments during the insolvency process.

The relocation maintains the company's presence in Mumbai's business district while potentially optimizing operational efficiency within the same commercial complex. The new registered office address will serve as the official correspondence point for all regulatory and business communications.