AGS Transact Technologies Limited: CIRP Intimation to NSE/BSE
AGS Transact Technologies Limited, a BSE and NSE-listed entity, has formally notified the exchanges of its Corporate Insolvency Resolution Process and convened the 14th Committee of Creditors meeting. The notice is filed in compliance with Regulation 30 of SEBI LODR 2015 and IBC disclosure obligations. The stage and appointment of an insolvency professional, along with CoC deliberations, are proceeding; the resolution process and outcome remain pending.
Why it mattersA listed company's entry into CIRP triggers mandatory exchange disclosures, suspension of trading eligibility, and potential delisting; creditors and stakeholders must monitor CoC decisions and resolution plan approval timelines under IBBI Rules 2016.
SectorTechnology
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Sources
- NSE Archives (Corporate Intimation Filing) · official
- BSE Corporate Announcements Portal · official
- NCLT (Mumbai Bench, presumed) · official
- IBBI orders · official
- NCLT orders · official
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