Notice of 21st AGM to the members of AGS Transact Technologies Ltd. - 27th September, 2024

06 September 2024

NOTICE is hereby given that the Twenty-First (21st) Annual General Meeting (AGM) of the Members of AGS Transact Technologies Limited (“Company”) will be held on Friday, 27 September 2024 at 11:00 a.m. through Video Conferencing (VC) or Other Audio Visual Means (OAVM) to transact the following business:

Ordinary Business:

• ​To review and approve the Audited Standalone and Consolidated Financial Statements of the Company for FY24, along with the reports of the Board of Directors, Auditors, and other related reports.
  
• To appoint a Director in place of Mr. Sudip Bandyopadhyay (DIN: 00007382), who retires by rotation, and being eligible, offers himself for re-appointment.
  

Special Business:

• ​To ratify remuneration payable to M/s. Kishore Bhatia & Associates, Cost Accountants, appointed by the Board of Directors as Cost Auditors of the Company

The remuneration of Rs. 3,85,000 (Rupees Three Lakhs Eighty-Five Thousand only), exclusive of applicable taxes and reimbursement of out-of-pocket expenses, payable to M/s. Kishore Bhatia & Associates, Cost Accountants (Firm Registration No. 00294), who were appointed as Cost Auditors of the Company for auditing the cost records for the financial year ending on 31 March 2025 by the Board of Directors on the recommendation of the Audit Committee, is hereby ratified.

• ​To approve payment of Commission to the Non-Executive Directors for FY24:

Sr. No.	Name of Director	Designation	Commission (Rs)
1.	Mrs. Jhuma Guha	Independent Director	35,00,000
2.	Mr. Sivanandhan Dhanushkodi	Independent Director	35,00,000
3.	Mr. Subrata Kumar Mitra	Independent Director	35,00,000
4.	Ms. Preeti Malhotra	Independent Director	26,53,767
5.	Mr. Sudip Bandyopadhyay	Non-Independent Director	35,00,000
6.	Mr. Rahul N. Bhagat	Non-Independent Director	6,42,466