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AGS Transact Technologies Ltd

NSE: AGSTRA BSE: 543451

3.17

(-0.63%)

Sun, 15 Mar 2026, 09:04 am

Company History

2002

  • The Company was incorporated in Mumbai, Maharashtra, as AGS Infotech Private Limited

2004

  • Commenced manufacturing of paint dispensers at Daman with the expertise from Fast and Fluid Management
  • Commencement of relationship with Diebold Nixdorf
  • Commenced operations in the Banking Automation Solutions segment

2009

  • Entered into a cooperation agreement with Diebold Nixdorf for banking and retail products
  • Commenced ATM outsourcing and managed services business

2010

  • The name of the Company was changed to AGS Transact Technologies Private Limited
  • The Company became a public limited company and the word 'private' was deleted from its name
  • A fresh certificate of incorporation was issued by the RoC on June 3, 2010
  • A fresh certificate of incorporation was issued by the RoC on July 20, 2010

2011

  • Introduced currency technology solutions under the brand 'Genuine'
  • Investment in the Company by TPG

2012

  • Investment in the Company by Oriole
  • Commenced cash management business through SVIL

2013

  • Acquisition of stake by GTSL in Novus SGP

2014

  • ITSL received authorization from the RBI to set up and operate payment system for semi-closed pre-paid payment instruments services in India
  • Company received authorization from the RBI to set up, own and operate payment systems for White Label ATMs

2016

  • Commenced ATM manufacturing at Daman
  • Entered into a hosting and management services alliance with ACI Worldwide
  • Entered the Sri Lankan market through Novus Transact Lanka (Private) Limited
  • Entered into transit business through automatic fare and electronic toll collection systems
  • AGS Transact Technologies introduces universal payments capabilities to India in Partnership with ACI Worldwide

2017

  • India's Most Trusted Company 2017 from International Brand Consulting Corporation, USA
  • Payment Awards for 'digital payment facilitator' to 'Ongo' from BBC Knowledge

2018

  • Launched Fastlane as the first RFID payment for fuel in India
  • Among the first company to launch QR-code based payments for various card schemes
  • AGSTTL won Gold in 'External Magazine' category, Silver in 'Exhibition Collateral' & Bronze for 'Newsletter Design' at 58th Annual Call of Fame Awards
  • Ongo was awarded the 'Emerging Brand of the Year' award at ABP News Presents Brand Excellence Awards

2019

  • AGS Transact Technologies was recognised as 'Technology Service Provider' at 'Code-Studio 2019 – India Technology Awards and Conference'
  • AGSTTL won an award for its Best Performance in Retail Automation at 'Performance Excellence Awards' by Hindustan Petroleum
  • Set up AGS Community Foundation with effect from September 24, 2019
  • Introduced an Asia-Pacific payment innovations forum 'Paynnovate' along with Novus Technologies
  • Introduced UPI QR Based Cash Withdrawal, India's first UPI QR-Based Cash Withdrawal/Deposit Feature on ATMs powered by the Company's technology

2020

  • AGS Transact Technologies won the award for its QR-Cash Solution under Technology Category at 2nd edition BFSI InnoTribe Summit & Awards
  • AGS Transact Technologies was awarded 'India's Greatest Brands 2018-2019' by AsiaOne Magazine
  • AGS Transact Technologies introduces 'Touchless' solution for cash withdrawals at ATMs
  • AGS Transact Technologies partners Global-India Insurance Brokers to provide instant Motor Insurance via its ONGO Android PoS terminals

2021

  • AGS Transact Technologies was recognised as The Economic Times 'Iconic Brands of India 2021'
  • AGS Transact Technologies bagged the National Enterprise Leadership Award 2021 in the category Best Use of Technology for its solution AGS QR Cash

2023

  • India Ratings and Research affirmed AGS Transact Technologies Limited's Long-Term Issuer Rating at 'IND A+' while revising the Outlook to Negative from Positive

2024

  • The Company introduces 'Touchless' solution for cash withdrawals at ATMs
  • AGS Transact Technologies Limited and ACI Worldwide Unveil State-Of-The-Art Data Centre
  • AGS Transact Technologies Ltd implemented automatic fare collection system for the Kochi metro

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800