AGS Transact Technologies Limited has received three resolution plans from resolution applicants along with earnest money deposits as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The company disclosed this development to stock exchanges on February 18, 2026, in compliance with regulatory requirements.

Resolution Process Update

The disclosure was made by Deemed Resolution Professional Brijendra Kumar Mishra, who is overseeing the insolvency proceedings for AGS Transact Technologies Limited. The submission of multiple resolution plans indicates active interest from potential investors in acquiring and reviving the company.

Regulatory Compliance

The disclosure was made under Regulation 30 read with Schedule 3 Part A Clause 16 (I) of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. This regulation mandates companies to inform stock exchanges about material events that could impact investor decisions.

Resolution Professional Details

Brijendra Kumar Mishra, serving as the Deemed Resolution Professional, holds IBBI Registration No: IBBI/IPA-002/IP-N00109/2017-2018/10257. His AFA credentials (AA2/10257/02/311226/204257) remain valid until December 31, 2026, ensuring continuity in the resolution process.

Next Steps

The resolution professional will now evaluate the submitted plans to determine their viability and compliance with regulatory requirements. The presence of earnest money deposits demonstrates the serious intent of resolution applicants and adds credibility to their proposals. The company has requested stock exchanges to take this information on record as part of ongoing transparency measures during the insolvency process.

AGS Transact Technologies Limited has announced an extension in the deadline for resolution plan submissions under its ongoing Corporate Insolvency Resolution Process (CIRP). The company informed stock exchanges on 03.02.2026 about this significant development in its insolvency proceedings.

Extension Details

The deadline for prospective resolution applicants to submit their resolution plans has been extended to 09.02.2026. This extension comes following specific requests received from potential applicants and has been formally approved by the Committee of Creditors.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. The disclosure ensures transparency in the insolvency process and keeps stakeholders informed about critical timeline changes.

Process Management

Brijendra Kumar Mishra, serving as the Interim Resolution Professional for AGS Transact Technologies Limited, communicated this extension to both BSE Limited and National Stock Exchange of India Limited. His IBBI registration number is IBBI/IPA-002/IP-N00109/2017-2018/10257, with AFA details valid until 31.12.2026.

Corporate Structure

The company maintains its registered office at Trade World, Kamala Mill Compound, Lower Parel, Mumbai, while its corporate office is located at One International Center, Prabhadevi. The extension provides additional time for resolution applicants to finalize their proposals and participate in the ongoing CIRP process.

This development represents a procedural adjustment in the company's insolvency timeline, allowing prospective resolution applicants more time to prepare comprehensive resolution plans for consideration by the Committee of Creditors.