AGS Transact Migrates 50% of ATMs Amid Financial Woes

AGS Transact Technologies has migrated around 50% of its ATMs to banks and managed service providers (MSPs) to minimize disruptions. The company is actively working with banking customers to support operations across its network. Despite financial troubles, including a ₹726 crore default, AGS Transact remains committed to gradually resuming operations and considering further migrations as needed. Major banks like SBI, ICICI Bank, and Axis Bank have been affected by AGS Transact's service issues.

Source: Economic Times, TradingView, NSE India.