Friday, June 14, 2024

Saint Capital Fund picks up stake in BLS International Services Ltd. Company issues Bonus shares in 1:1

BLS International Services Ltd. (BS7E: 540073, NSE: BLS) is a trusted global tech-enabled services partner for governments and citizens, having an impeccable reputation for setting benchmarks in the domain of visa, passport, consular, citizen, e-governance, attestation, biometric, e-visa and retail services since 2005.

As per bulk deal data available on NSE, Saint Capital Fund has picked up 525,000 shares in BLS International Services Ltd. at an average price of Rs. 340.

BLS International Services Ltd. is recognized as “India’s Most Valuable Companies” by Business Today Magazine, “Best under a Billion” company by Forbes Asia and ranked amongst “Fortune India’s Next 500 companies”.

The company works with over 46 client governments including Diplomatic Missions, Embassies & Consulates and leverages technology and processes that ensure data security. The Company now has an extensive network of more than 12,287 centers globally with a robust strength of over 15,000 employees and associates that provide consular, biometric and citizen services. BLS has processed over 52 million applications till date globally. 

The Board of BLS International Services Ltd  has considered, approved and recommended the Bonus Issue of Equity Shares in the proportion of (One) Equity Share of Re 1 each for every (One) Equity Share of Re 1 each held by the shareholders of the Company as on the record date. BLS International is the only listed company in India in this domain with operations spread across 66 countries.

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