AGS Transact Technologies Share price

The Company was incorporated in Mumbai Maharashtra as AGS Infotech Private Limited on December 112002 under the Companies Act 1956. Pursuant to a special resolution of the Shareholders at an extraordinary general meeting held on April 1 2010 the name of our Company was changed to AGS Transact Technologies Private Limited to reflect the scope of services offered by our Company i.e. provision of information technology services for all types of transactions and activities. A fresh certificate of incorporation was issued by the RoC on June 3 2010. Subsequently pursuant to a special resolution of the Shareholders at an extraordinary general meeting held on June 22 2010 our Company became a public limited company and the word “private” was deleted from its name. A fresh certificate of incorporation was issued by the RoC on July 20 2010.Major Events 2002 Incorporation of our Company2004Commenced manufacturing of paint dispensers at Daman with the expertise from Fast and Fluid Management Commencement of relationship with Diebold Nixdorf. Commenced operations in our Banking Automation Solutions segment2009 Entered into a cooperation agreement with Diebold Nixdorf for banking and retail productsCommenced ATM outsourcing and managed services business (forming part of our Banking Payments Solutions segment)2011 Introduced currency technology solutions under the brand “Genuine”Investment in our Company by TPG2012 Investment in our Company by OrioleCommenced cash management business through SVIL2013 Acquisition of stake by GTSL in Novus SGP2014ITSL received authorization from the RBI to set up and operate payment system for semi-closed pre-paid payment instruments services in IndiaCompany received authorization from the RBI to set up own and operate payment systems for White Label ATMs2016Commenced ATM manufacturing at DamanEntered into a hosting and management services alliance with ACI WorldwideEntered the Sri Lankan market through Novus Transact Lanka (Private) LimitedEntered into transit business through automatic fare and electronic toll collection systems2018 Launched Fastlane as the first RFID payment for fuel in IndiaAmong the first company to launch QR-code based payments for various card schemes2019Set up AGS Community Foundation with effect from September 24 2019Introduced an Asia-Pacific payment innovations forum ‘Paynnovate’ along with Novus Technologies to promote advancement and innovation in the payment industry.Introduced UPI QR Based Cash Withdrawal India’s first UPI QR-Based Cash Withdrawal/Deposit Feature on ATMs powered by our Company’s technology enabling touchless transaction