AGS Transact Technologies Limited — Others, 01-04-2025: Resignation

The Board has noted the resignations of three key personnel: Mr. Stanley Johnson Panacherry, effective April 30, 2025, resigning for personal reasons; Mr. Vinayak R. Goyal, resigning immediately to pursue further education; and Mr. Saurabh Lal, also resigning for personal reasons, effective April 1, 2025. These departures may lead to operational adjustments and will require the company to reinforce its leadership team. Investor sentiment could be mixed, as the loss of experienced executives may pose risks, but it also opens opportunities for new talent and updated strategic directions. Overall, a careful response to these changes is crucial for maintaining investor confidence.