Valuers appointed for AGS Transact Technologies under CIRP
AGS Transact Technologies, under CIRP, announced the appointment of M/s. Adroit Appraisers and Research Private Limited and M/s. RNC Valuecon LLP as Registered Valuers during its 1st Committee of Creditors meeting on September 24, 2025, to value assets.
This is a crucial procedural step in the Corporate Insolvency Resolution Process, as accurate valuation is fundamental for any potential resolution plan or liquidation. Therefore, it has a medium impact on the future course of the company.
The appointment of valuers is a mandatory procedural step in the Corporate Insolvency Resolution Process to assess the company's assets. It does not provide an immediate indication of the resolution's success or failure, hence neutral.
AGS Transact Technologies Limited, currently under Corporate Insolvency Resolution Process (CIRP), announced the appointment of Registered Valuers following the 1st meeting of its Committee of Creditors (CoC). The meeting was held on September 24, 2025, via an E-Voting process. * M/s. Adroit Appraisers and Research Private Limited (Reg No. IBBI/RV-E/01/2020/121) and M/s. RNC Valuecon LLP (Reg No. IBBI/RV-E/02/2020/123) have been appointed as the Registered Valuers. * Their mandate includes the valuation of Land & Building, Plant & Machinery, and Securities and Financial Assets of the Corporate Debtor.
What to do with a filing like this
AGS Transact Technologies Limited filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by AGS Transact Technologies Limited. Read the original for the full detail.