NSEAcquisition2 Jul 2026 · 2 Jul 2026, 07:24 pm

Acquisition

BLS International Services Limited · BLS

✦ AI SummaryM&A

BLS International Services Limited has informed the Exchange about the acquisition of 100% equity share capital of Atyati Technologies Private Limited by BLS E-Services Limited, a listed subsidiary of the Company.

Analysis Scores

Earnings Impact5/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

BLS International Services Limited has informed the Exchange about Acquisition of equity share capital of Atyati Technologies Private Limited by BLS E-Services Limited, a listed subsidiary of the Company.

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BLS_02072026192346_Intimation_of_acquisition_of_shares_Atyati.pdf

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July 02, 2026 National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, C-1 Block G, Bandra Kurla Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Complex Bandra [E], Mumbai – 400051 Mumbai - 400 001 NSE Scrip Symbol: BLS BSE Scrip Code: 540073 Dear Sir/Madam, Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – acquisition of equity share capital of Atyati Technologies Private Limited by BLS E-Services Limited Pursuant to the compliance with Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force), we would like to inform you that the BLS E-Services Limited, a listed subsidiary of the Company, has successfully acquired 100% equity share capital of the Atyati Technologies Private Limited (ATPL) on July 02, 2026. Consequent to such acquisition, ATPL has now become a Step Down Subsidiary of the Company (“SDS”). The details with respect to the said acquisition as required under Regulation 30(6) read with Schedule III Part A Para A (1) of the Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are attached as Annexure -A. Kindly take the same on your record and bring notice to all the concerned. For BLS International Services Limited Dharak A. Mehta Company Secretary & Compliance Officer ICSI Membership No.: FCS12878 Encl: as above Annexure A The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are given below: SI. Details to be provided Atyati Technologies Private Limited 1 Name of the target entity, details Name of Target Entity: in brief such as size, turnover etc. Atyati Technologies Private Limited Paid up Share Capital: Rs.11,42,35,070 Turnover for FY 2025-26: Revenue from operations Rs. 375.8 Crores 2 Whether the acquisition/ Not Applicable incorporation would fall within related party transactions and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of the interest and details thereof and whether the same is done at 'arm's length' 3 Industry to which the entity being ATPL is an AI-powered banking technology Service acquired/ incorporated belongs provider to banks and financial institutions and Business Correspondent (BC) services for various banks for last mile connectivity. 4 Objects and impact of acquisition ATPL is already in BC business across the country and (including but not limited to, disclosure through this acquisition, BLS intends to expand and of reasons for acquisition of target consolidate its BC business. Additionally, the micro- entity, if its business is outside the lending and technology solutions will enable BLS to main line of business of the listed further broaden its reach and strengthen its position entity) in the financial inclusion sector. 5 Brief details of governmental or Not Applicable regulatory approvals required for the acquisition/ incorporation 6 Indicative time period for completion Not Applicable of the acquisition/ incorporation 7 Nature of Consideration whether Cash Cash consideration consideration or share swap or any other and details of the same 8 Cost of Acquisition or the price at Rs. 156.82 crores subject to certain conditions. which the shares are acquired/ subscribed 9 Percentage of shareholding control 100% acquired and /or number of shares acquired 10 Brief background about the entity Atyati Technologies Pvt. Ltd., incorporated in 2006 acquired in terms of products/ line of and headquartered in Bangalore, AI-powered business acquired, date of banking technology company providing digital incorporation, history of last 3 years solutions to banks and financial institutions across turnover, country in which the India. acquired entity has presence and any other significant information (in brief) Date of incorporation: March 29, 2006 Product/line of business: Last 3 years turnover: Financial Year Turnover (Revenue from Operation) FY 2023-24 Rs. 389.9 Crores FY 2024-25 Rs. 395.6 Crores FY 2025-26 Rs. 375.8 Crores Presence of entity: India