India, May 8 -- India Ratings and Research (Ind-Ra) has migrated AGS Transact Technologies Limited's bank facilities' ratings to the non-cooperating category as per Ind Ra's policy on Issuer Non-Cooperation, following non-submission of the no default statement (NDS) for three consecutive months despite continuous requests and follow-ups by the agency, and also Ind-Ra's inability to validate timely debt servicing through other sources it considers reliable. NDS in the format prescribed by the Securities and Exchange Board of India is required to be shared by the issuer every month as a confirmation that all financial obligations are being serviced on time. Investors and other users are advised to take appropriate caution while using these ra...