BLS International Services , a trusted global tech-enabled services partner for governments and citizens, has announced two significant contracts, further expanding its presence in the visa and consular services sector.

Cyprus Embassy Contract in Kazakhstan

BLS International has secured a contract to handle visa processing services for the Cyprus Embassy in Kazakhstan. This agreement will involve managing the entire Cyprus visa application process in the country.

Key Details of the Kazakhstan Agreement

Indian Visa Application Centres in China

In addition to the Kazakhstan contract, BLS International has been awarded a three-year contract by India's Ministry of External Affairs to establish and operate Indian Visa Application Centres in China. This contract is set to take effect on October 14, 2025.

Key Details of the China Agreement

Implications of the Deals

These new agreements underscore BLS International's growing reputation in the global visa outsourcing market. The company is set to streamline visa application processes for both Kazakh citizens traveling to Cyprus and Chinese nationals applying for Indian visas.

Context of India-China Visa Services

It's worth noting that India resumed issuing tourist visas to Chinese nationals in July, following a suspension during the COVID-19 pandemic and border tensions after the Galwan Valley clashes in 2020.

Outlook

While specific financial details of the contracts were not disclosed, these deals are expected to contribute positively to BLS International's revenue stream. They also reinforce the company's position as a key player in the visa and consular services industry, particularly in Central Asia and East Asia.

As global travel continues to recover post-pandemic, such strategic partnerships are likely to play a crucial role in facilitating smoother international movement and boosting tourism between the countries involved.

BLS International Services Limited , a global leader in outsourcing services, has announced the liquidation of two of its overseas subsidiaries due to their non-operational status. This strategic move aims to streamline the company's international operations and focus on more productive ventures.

Subsidiaries Affected

The two subsidiaries undergoing liquidation are:

1. Visametric LLC in Tajikistan
2. iDATA International SARL in Tunisia

Both entities were step-down subsidiaries of BLS International FZE, a subsidiary of BLS International Services Limited.

Liquidation Timeline

Financial Impact

The liquidation of these subsidiaries is expected to have a minimal impact on BLS International's overall financial position:

Key Points

• The decision to liquidate these subsidiaries stems from their non-operational nature.
• No consideration is being received from these liquidations.
• The company has confirmed that these transactions do not fall under related party transactions.
• The liquidations are not part of any scheme of arrangement under SEBI regulations.

This move by BLS International Services Limited demonstrates the company's commitment to optimizing its global operations and focusing on more productive business units. By divesting non-operational entities, the company aims to enhance its overall efficiency and resource allocation.

Investors and stakeholders should note that while these liquidations represent a change in the company's international structure, their minimal financial impact suggests that this is primarily an administrative streamlining rather than a significant shift in the company's overall business strategy or financial position.