AGS Transact Technologies: Promoter Ravi B. Goyal Forms and Invokes Pledge on 15.6 Million Shares

AGS Transact Technologies Ltd has made major updates on the shareholding of promoter Ravi B. Goyal. A pledge on 14.3 million shares was formed by Goyal, with an invocation of pledge on 1.3 million shares also filed.

 

Major highlights:

These are developments following AGS Transact Technologies experiencing difficulties in its main business, with its stock price falling by more than 80% in the last one year. The company remains committed to its electronic payment solutions and ATM outsourcing businesses in the midst of challenging market conditions.

 

Sources: BSE India, Moneycontrol, March 20, 2025