AGS Transact Technologies Limited has informed the Exchange about Corporate Insolvency Resolution Process
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AGS Transact Technologies Limited has informed the stock exchanges that the 8th meeting of the Committee of Creditors (CoC) will be held on Friday, 13th March 2026 at 3:00 PM via video conferencing. The meeting is being conducted under the Corporate Insolvency Resolution Process (CIRP) that the company is currently undergoing. Brijendra Kumar Mishra, the Deemed Resolution Professional, has signed the intimation. This is part of the ongoing insolvency proceedings and not a new admission into CIRP.
The company remains under insolvency resolution, meaning shareholders face significant uncertainty about value recovery as creditors are prioritised. Progress or lack thereof in CoC meetings will be closely watched as it determines whether a resolution plan is approved or liquidation becomes likely.