AGS Transact Technologies
4.87
+0.21(+4.51%)
Market Cap₹59.80 Cr
PE Ratio44.18
Company Performance:
1D+4.51%
1M-11.29%
6M-92.87%
1Y-93.88%
5Y-96.98%
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Latest news about AGS Transact Technologies
AGS Transact Technologies Faces Severe Financial Crisis: Unpaid Salaries and Loan Defaults Jun 17, 2025
AGS Transact Technologies, a key player in ATM and payment solutions, is experiencing severe financial stress leading to operational issues and unpaid employee salaries. The company has non-functional ATMs, loan defaults, and owes over ₹592 crore to banks with ₹17 crore in overdue payments. Financial statements show declining total assets (-8.42%) and equity (-13.72%), with increasing current liabilities (+5.13%). However, operating cash flow has improved by 54.42%. The company is pursuing loan restructuring and considering stake sales in subsidiaries to address its financial challenges.
AGS Transact Technologies to Divest 90% Stake in Novus Technologies Apr 17, 2025
RBI to Scrutinize Cash Handling Operations of AGS Transact Mar 18, 2025
AGS Transact Technologies Migrates 50% of ATMs to Minimize Service Disruption Mar 12, 2025
AGS Transact Technologies Swiftly Migrates ATMs to Minimize Service Disruption Mar 11, 2025
More news about AGS Transact Technologies
03Mar 25
AGS Transact Technologies Faces Insolvency Threat Amid Financial Turmoil
AGS Transact Technologies is facing a severe financial crisis with ₹7.26 billion in defaulted obligations. Creditor Maxwel Aircon has initiated potential insolvency proceedings against the company. The stock has plummeted 62.4% since February 4, reflecting investor concerns. Multiple credit rating downgrades have further complicated the company's financial situation.
1 Year Returns:-93.88%
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