AGS Transact Technologies Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing, dated April 13, 2026, covers the quarter ended March 31, 2026 and confirms the company's adherence to prescribed dematerialization procedures.

Regulatory Compliance Filing

The company filed the certificate with both BSE Limited and National Stock Exchange of India Limited, as required under Regulation 74(5) of SEBI regulations. The certificate was received from M/s. MUFG Intime India Private Limited (previously known as Link Intime India Private Limited), which serves as the company's Registrar and Share Transfer Agent.

Certificate Confirmation

MUFG Intime India Private Limited confirmed in their certificate dated April 08, 2026 that all securities received from depository participants for dematerialization during the quarter were properly processed. The registrar verified that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

Key confirmations provided by the registrar include:

• Securities received for dematerialization were confirmed or rejected to depositories within prescribed timelines
• Security certificates received were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All processes followed prescribed regulatory guidelines

Corporate Status Update

AGS Transact Technologies Limited continues to operate under Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated August 25, 2025. Brijendra Kumar Mishra serves as the Deemed Resolution Professional, holding IBBI Registration No: IBBI/IPA-002/IP-N00109/2017-2018/10257.

Company Information

The company maintains its registered office at 601-602, Trade World, B-Wing, Kamala Mill Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400013. The corporate office is located at 1402, 14th Floor, Tower-3, One International Center, Senapati Bapat Marg, Prabhadevi (W), Mumbai - 400013.

This regulatory filing demonstrates the company's continued compliance with SEBI regulations despite operating under insolvency proceedings, ensuring transparency and proper governance for stakeholders and regulatory authorities.

AGS Transact Technologies Limited has had its credit rating maintained in the non-cooperating category by India Ratings and Research (Ind-Ra) as of March 27, 2026. The rating agency announced this decision after the company failed to participate in the surveillance exercise despite continuous requests and follow-ups through emails and phone calls.

Rating Details and Action

The rating action affects the company's bank loan facilities worth INR7611 million, which continue to carry the rating 'IND D(ISSUER NOT COOPERATING)'. The rating agency has advised investors and other users to take appropriate caution while using these ratings.

Rationale Behind Non-Cooperation Status

India Ratings maintained the rating in the non-cooperating category in accordance with its policy on "Guidelines on What Constitutes Non-Cooperation." The agency has not received adequate information and has been unable to conduct management interactions with AGS Transact Technologies Limited during the rating review process.

Corporate Insolvency Resolution Process

The company is currently under Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated August 25, 2025. Brijendra Kumar Mishra serves as the Deemed Resolution Professional with IBBI Registration No: IBBI/IPA-002/IP-N00109/2017-2018/10257.

Rating History and Previous Actions

The rating history shows a significant deterioration in the company's credit profile over recent years:

About AGS Transact Technologies

AGS Transact operates as an integrated end-to-end cash and ATM management solutions provider. The company offers cash management services through SVIL and is establishing its presence in digital payment solutions, providing merchant solutions through POS terminals, switching services, and other value-added services. Additionally, it offers various automation products and related maintenance and upgrade services.

Information Limitations and Investor Advisory

India Ratings has reviewed the credit ratings based on the best available information but is unable to provide a forward-looking credit view. The agency noted that when an issuer does not provide timely business and financial updates, it indicates weak governance, particularly in transparency of financial information. This may also be symptomatic of possible disruption or distress in the issuer's credit profile, prompting the advisory for investors to exercise appropriate caution.