BLSBLS International Services

BLS International unit sells a lending business for ₹59.49 lakh to a related party

Atyati Technologies, a step-down subsidiary, will sell its group-lending services business to TVAM Technologies. The price equals the unit's net worth, and the buyer is a related party.

Price, Tuesday's close₹219.55▼ 0.75%
Last 5 days
52-week low ₹218.0052-week high ₹359.00
Sector
Visa and citizen services

What happened

  • On 28 September the board of Atyati Technologies approved a business transfer agreement to sell its Joint Liability Group-Financial Lending business to TVAM Technologies, BLS International told the exchanges.
  • The price is ₹59,49,000. The unit's net worth is also ₹59.49 lakh, which is 0.9% of Atyati's net worth.
  • The unit's turnover was ₹100.56 crore in 2025-26, or 26.8% of Atyati's turnover.
  • The filing says TVAM is a related party because a director of Atyati is also a director and member of TVAM, and that the deal is at arm's length. Completion is expected in about 90 days.

Why it matters

Good to know: A related-party transaction is one with a person or company linked to the seller's management. Listed companies must disclose them and show they are at arm's length.

Key facts

Price
₹59.49 lakh
Unit's turnover, FY26
₹100.56 crore
Expected completion
About 90 days

Read the source

This is a summary of public news about BLS International Services, for information only. It is not a recommendation to buy, sell or hold BLS.

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