Deals & funding30 Sep 2026 · 11:57 PM IST
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.