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AGS Transact Technologies LimitedPledging, 10-03-2025: Pledge/Unpledge

10-03-2025 · 02:57 pm

Ravi B. Goyal, Promoter of AGS Transact Technologies Limited, invoked a pledge on 3,29,249 equity shares between February 27 to March 6, 2025. The shares were pledged in favor of Bajaj Finance Limited and Cholamandalam Investment and Finance Company Ltd. Following these transactions, his total holding in the company stands at 2,58,21,259 shares, representing 20.10% of the total share capital. This activity may raise concerns among investors regarding potential liquidity issues or financial difficulties, as the pledging of shares typically indicates the need for additional financing.

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