AGS Transact Technologies Limited has commenced the deployment of 1,350 ATMs, an order won from the State Bank of India (SBI) in FY24. The Company is expected to complete the deployment by first half for the financial year 2025. AGS Transact Technologies had received this order under its Banking Automation Solutions portfolio.

It encompasses the sale of banking automation solutions as well as long-term annual maintenance contracts. The order will contribute towards the strengthening of the top line of this business segment. AGS Transact Technologies had won another order from the SBI for 2500+ ATM/CRMs worth INR 11,000 million over a period of seven years, under its ATM Outsourcing portfolio in Payment Solutions Business Segment.