AGS Transact Technologies deploys ATMs for SBI

Madhu Balaji Updated - June 12, 2024 at 11:57 AM.

AGS Transact Technologies Ltd is deploying 1,350 ATMs for an order received from State Bank of India (SBI) in FY24.

According to a stock exchange filing, the company expects to complete the deployment by H1FY25.

The company received the order under its banking automation solutions portfolio.

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AGS Transact Technologies had won another order from SBI for 2,500-plus ATM/CRMs worth ₹1,100 crore over seven years, under its ATM outsourcing portfolio in the payment solutions business segment.

AGS Transact Technologies stock surged 7.06 per cent to trade at ₹79.51 as of 11.26 am, and SBI stock inched up by 0.91 per cent to trade at ₹843.15.

Published on June 12, 2024 06:27
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