Corporate News     30-Jun-22
AGS Transact Technologies approves conversion of loan to equity in subsidiary
AGS Transact Technologies has on 29 June 2022 approved investment in the form of equity in its wholly owned subsidiary (WOS) i.e. India Transact Services (ITSL) upto Rs. 10 crore in lieu of loan granted to the said WOS.

ITSL is a Prepaid Instrument Issuer Entity (PPI Issuer) and is required to maintain networth of Rs. 15 crore at all times pursuant to applicable RBI guidelines. This investment is being made to ensure maintenance of such net worth criteria for ITSL.

Previous News
  AGS Transact Technologies reports consolidated net loss of Rs 60.90 crore in the September 2023 quarter
 ( Results - Announcements 04-Nov-23   07:37 )
  AGS Transact Technologies reports consolidated net profit of Rs 19.21 crore in the June 2022 quarter
 ( Results - Announcements 05-Aug-22   17:45 )
  AGS Transact Tech Q3 net loss widens to Rs 194 cr
 ( Hot Pursuit - 15-Feb-25   15:04 )
  AGS Transact completes deployment of 270 cash vans
 ( Hot Pursuit - 04-Dec-23   13:25 )
  AGS Transact Techs. to discuss results
 ( Corporate News - 24-May-23   15:53 )
  Board of AGS Transact Technologies approves change in directorate
 ( Corporate News - 30-Mar-23   12:53 )
  AGS Transact Technologies receives revision in credit ratings
 ( Corporate News - 11-Apr-23   19:17 )
  Benchmarks trade with decent gains; financial services shares advance
 ( Market Commentary - Mid-Session 12-Jun-24   14:33 )
  AGS Transact Techs. to convene board meeting
 ( Corporate News - 31-Jul-23   15:42 )
  AGS Transact Technologies reports consolidated net loss of Rs 194.26 crore in the December 2024 quarter
 ( Results - Announcements 15-Feb-25   09:03 )
  AGS Transact Technologies reports standalone net profit of Rs 7.26 crore in the September 2024 quarter
 ( Results - Announcements 31-Oct-24   17:15 )
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