BLS E-Services Limited, a subsidiary of BLS International Services , acquired 100% of the equity share capital of Atyati Technologies Private Limited for ₹156.82 crore on July 02, 2026. This strategic acquisition transforms Atyati Technologies into a step-down subsidiary and is designed to expand and consolidate BLS's Business Correspondent (BC) business across the country. By leveraging micro-lending and technology solutions, the company aims to broaden its reach in the financial inclusion sector.

Atyati Technologies is an AI-powered banking technology service provider catering to banks and financial institutions. Incorporated on March 29, 2006, and headquartered in Bangalore, the entity provides digital solutions and BC services for last-mile connectivity across India. The target entity reported a revenue from operations of ₹375.8 Crores for FY 2025-26, with a paid-up share capital of ₹11,42,35,070.

The acquisition was conducted through a cash consideration of ₹156.82 crores, subject to certain conditions. The transaction does not fall within related party transactions, and no specific governmental or regulatory approvals were required for its completion. The deal aligns with BLS's objective to integrate advanced technology solutions into its service offerings.

The financial performance of Atyati Technologies over the past three years shows a consistent operational scale. The entity recorded a turnover of ₹389.9 Crores in FY 2023-24, which increased to ₹395.6 Crores in FY 2024-25 before settling at ₹375.8 Crores in FY 2025-26.

Financial Performance of Atyati Technologies

The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dharak A. Mehta, Company Secretary & Compliance Officer of BLS International Services Limited, confirmed the transaction details in the filing submitted to the exchanges.

BLS International Services Ltd has initiated a postal ballot process to seek shareholder approval for the re-appointment of Mr. Ram Sharan Prasad Sinha as a Non-Executive Independent Director for a second term of five years. The resolution proposes his tenure from August 17, 2026, to August 16, 2031, subject to the approval of members through a special resolution. The Board approved the proposal at its meeting held on May 19, 2026.

The company has engaged Kfin Technologies Limited as the registrar and share transfer agent to facilitate the remote e-voting process. Mr. Vijay Yadav, a Practicing Company Secretary, has been appointed as the scrutinizer to ensure the conduct of the voting process in a fair and transparent manner. The cut-off date for reckoning e-voting rights is June 05, 2026.

In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has confirmed the completion of dispatch of the Postal Ballot Notice on Thursday, June 11, 2026. The notice was dispatched via email to all members whose email addresses are registered with Kfin Technologies Limited or the depository participants. The names of members entitled to vote are based on the Register of Members and List of Beneficial Owners as on the close of business on Friday, June 05, 2026.

Calendar of Events

The schedule for the postal ballot and e-voting activity is outlined below:

Resolution Details

The special business concerns the re-appointment of Mr. Ram Sharan Prasad Sinha (DIN: 00300530). He was initially appointed at the Thirty Seventh Annual General Meeting held on September 24, 2021. The Board has recommended his re-appointment citing his significant contributions, extensive experience in finance, and valuable insights in corporate governance and strategic planning.

Pursuant to Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the resolution also seeks approval for the continuation of his office as he will attain the age of 75 years on September 21, 2026, during his second term. The company has received his consent and a declaration confirming he meets the criteria of independence under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the Listing Regulations.

Voting Procedure

Members registered with the depositories or the registrar as on the cut-off date are entitled to vote. The facility for remote e-voting will be available from June 12, 2026, at 9:00 A.M. IST until July 11, 2026, at 5:00 P.M. IST. The e-voting module will be disabled after the deadline, and votes cast cannot be modified. Physical copies of the postal ballot notice are not being dispatched; members must participate through the electronic mode only.