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 consolidated net profit declines 96.67% in the June 2023 quarter
 ( Results - Announcements 05-Aug-23   07:35 )
  AGS Transact Technologies to discuss results
 ( Corporate News - 23-May-22   14:46 )
  AGS Transact Technologies to convene AGM
 ( Corporate News - 10-Aug-22   10:42 )
  AGS Transact Technologies to manage prepaid card platform for IndianOil's ‘XtraPower' program
 ( Corporate News - 10-Sep-24   11:38 )
  Digital Payments Platform Ongo unveils new brand song
 ( Corporate News - 28-Aug-24   10:19 )
  Benchmarks trade with decent gains; financial services shares advance
 ( Market Commentary - Mid-Session 12-Jun-24   14:33 )
  AGS Transact Techs. schedules board meeting
 ( Corporate News - 02-Feb-24   15:33 )
  AGS Transact Tech jumps on managing IOCL’s prepaid card platform for 5 years
 ( Hot Pursuit - 10-Sep-24   11:35 )
  AGS Transact Technologies IPO ends with decent subscription
 ( IPO Centre - IPO News 24-Jan-22   10:26 )
  AGS Transact Technologies reports consolidated net profit of Rs 19.21 crore in the June 2022 quarter
 ( Results - Announcements 05-Aug-22   17:45 )
Other Stories
  GAIL (India) signs MoU with AM Green
  04-Oct-24   19:27
  EaseMyTrip.com resumes bookings to the Maldives
  04-Oct-24   19:25
  BLS completes acquisition of Dubai-based Citizenship Invest
  04-Oct-24   19:23
  Insecticides India launches new maize herbicide 'Torry Super'
  04-Oct-24   19:21
  Landmark Cars receives LoI from Mercedes-Benz India
  04-Oct-24   19:19
  Astra Microwave Products receives affirmation in credit ratings from CRISIL
  04-Oct-24   19:16
  Supreme Petrochem receives affirmation in credit ratings
  04-Oct-24   19:10
  Astec LifeSciences director resigns
  04-Oct-24   19:08
  Board of Gravita India approves change in directorate
  04-Oct-24   19:05
  Board of Gravita India approves fund raising up to Rs 1,000 cr
  04-Oct-24   19:03
Back Top