AGS Transact Technologies Limited — Credit Ratings, 22-04-2026: Credit Rating- Revision

CRISIL Ratings has downgraded AGS Transact's long-term bank facilities worth Rs. 900 Cr to 'CRISIL D (Issuer Not Cooperating)'. This significant change reflects the company's failure to provide crucial financial information to the rating agency. The 'D' rating indicates default, further complicated by a lack of transparency, making any forward-looking view for investors extremely difficult.