BSECompany Update1d ago · 18 Aug 2026, 06:42 pm
Pursuant to compliance with Regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulations, 2015, we would like to inform that BLS International Vize Hizmetleri limited sirketi ....
BLS International Services Ltd · 540073
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BLS International Services Ltd has informed that its step-down subsidiary, BLS International Vize Hizmetleri Limited Sirketi, has merged into another step-down subsidiary, iDATA Danismanlik Ve Hizmet Dis Tic AS, with effect from August 17, 2026. The merger was done on an arm's length basis and does not involve any cash consideration or issuance of new shares.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
BLS International Services Ltd - 540073 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations') - Merger Of Step Down Subsidiaries
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August 18, 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”)
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 International Vize Hizmetleri Limited Sirketi, Step
down subsidiary of the Company [hereinafter referred to as “Transferor”] merged into iDATA
DANISMANLIK VE HIZMET DIS TIC AS, Step down subsidiary of the Company [hereinafter referred to
as “Transferee”] with effect from August 17, 2026. Consequent to said merger BLS International Vize
Hizmetleri Limited Sirketi ceased to be exist and step down subsidiary of the Company.
The details with respect to the said merger 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 Information
1 Name of the entity(ies) forming part Name of Transferor: BLS International Vize
of the amalgamation/merger, details Hizmetleri Limited Sirketi
in brief such as, size, turnover etc
Turnover: As at 31 Mar 26 –Standalone revenue of
INR 167858678
Name of Transferee: iDATA Danismanlik Ve Hizmet
Dis Tic As
Turnover: As at 31 Mar 26 –Standalone revenue of
INR 1877772130
2 Whether the transaction would fall within Yes. The said merger was on arm length basis
related party transactions? If yes, whether
the same is done at “arm’s length”;
3 area of business of the entity(ies); Transferor: Providing services related to visa
processing.
Transferee: Providing services related to visa
processing.
4 rationale for amalgamation/ merger; To align the business synergies of step down
subsidiaries.
5 in case of cash consideration – amount or Not Applicable
otherwise share exchange ratio;
The said merger was between step down subsidiaries
of the Company, hence there will be no cash
consideration or issuance of new shares involved in
the merger. The entire share capital of BLS
International Vize Hizmetleri Limited Sirketi shall
stand cancelled on the merger.
6 brief details of change in shareholding Not Applicable
pattern (if any) of listed entity
Shareholding of our Company shall remain unchanged
since merger is between two foreign step down
subsidiaries of the Company.