AGS Transact Technologies Limited — Important, 01-01-2025: Updates

The Board of Directors of AGS Transact Technologies Limited has approved the allotment of 4,00,000 fully paid-up Equity Shares to the Anupama Goyal Family Trust, following the conversion of warrants at a price of Rs. 79.25 per share, which includes a premium of Rs. 69.25. This conversion was executed upon receipt of Rs. 2,37,75,000, representing the final 75% of the issue price as per a Special Resolution from July 2024. Post this allotment, the company's paid-up capital increases to Rs. 128.43 crore, comprising 12.84 crore shares. The issuance strengthens the promoter group’s stake and indicates ongoing confidence in the company's performance, suggesting a positive outlook for investors.