Inventory Market As we speak: Inventory Market As we speak: `AGS Transact Applied sciences share worth hit inventory hits 5% decrease circuit throughout the intraday trades on Monday. The corporate has intimated exchanges a few creditor submitting an utility earlier than the NCLT- Mumbai Bench below part 9 of Insolvency and Chapter Code
AGS Transact Applied sciences faces insolvency over unpaid dues
AGS Transact Applied sciences in its intimation to the Nationwide Inventory Change of India Ltd (NSE) and BSE Ltd mentioned that “we want to inform you {that a} petition has been filed below part 9 of Insolvency and Chapter Code, 2016 (“IBC”) by M/s. Maxwel Aircon India Non-public Restricted, Operational Creditor of the Firm, earlier than the Nationwide Firm Regulation Tribunal – Mumbai Bench (“NCLT, Mumbai”) alleging to default in fee of principal and curiosity and looking for initiation of Company Insolvency Decision Course of (CIRP) towards the Firm.
AGS Transact Applied sciences mentioned that it’s looking for acceptable authorized recommendation and take all acceptable steps to guard its curiosity within the aforesaid matter.
Intimation by AGS Transact Applied sciences of submitting of an utility earlier than the Nationwide Firm Regulation Tribunal- Mumbai Bench below part 9 of Insolvency and Chapter Code, 2016 was dated on Saturday 01, March 2025
AGS Transact Applied sciences share worth motion
Following the identical AGS Transact Applied sciences share worth opened at ₹19.07 on the BSE on Monday. The opening worth of AGS Transact Applied sciences shares was 5% decrease than the earlier days closing worth of ₹20.01. The AGS Transact Applied sciences share worth thereafter contineud to similar ranges as the value pf RS 19.07 was additionally the cheaper price band of the AGS Transact Applied sciences share worth. The AGS Transact Applied sciences share worth thereby was locked within the decrease circuit following intimated to the exchanges a few creditor submitting an utility earlier than the NCLT- Mumbai Bench below part 9 of Insolvency and Chapter Code
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