Shareholding20 Mar 2025, 05:51 pm
AGS Transact Technologies Ltd Promoter Ravi B. Goyal Discloses Share Pledge and Invocation of Pledge
AI Summary
AGS Transact Technologies Ltd Promoter Ravi B. Goyal has disclosed the creation of pledge on 1,43,00,000 equity shares and invocation of pledge on 13,03,079 equity shares of AGS Transact Technologies Limited. The pledges were created in favor of Bajaj Finance Limited, with 2,17,08,098 equity shares still encumbered, representing 16.90% of the share capital of the Target Company as of March 13, 2025.
Key Highlights
- Promoter Ravi B. Goyal discloses creation and invocation of pledge on AGS Transact Technologies Limited shares.
- Pledge created in favor of Bajaj Finance Limited with 1,43,00,000 equity shares encumbered initially.
- Invocation of pledge on 13,03,079 equity shares as of March 13, 2025.
- 2,17,08,098 equity shares still encumbered, representing 16.90% of the Target Company's share capital.
- Bajaj Finance Limited is a scheduled commercial bank.