BLS International Services has announced a significant expansion of its global operations through its wholly-owned subsidiary, BLS International FZE. The company has acquired a 100% stake in Consular Outsourcing Services Kenya Ltd, marking a strategic move into the East African market.

Acquisition Details

According to a regulatory filing, BLS International FZE has subscribed to the entire share capital of Consular Outsourcing Services Kenya Limited. This acquisition transforms the Kenyan entity into a wholly-owned step-down subsidiary of BLS International Services Limited.

Financial Aspects

The acquisition was completed through a cash transaction. BLS International FZE subscribed to 100% of the share capital for a total amount of 100,000 Kenyan Shillings (KES).

About the Acquired Entity

Consular Outsourcing Services Kenya Limited is set to operate in the visa and passport processing sector. The company, being newly established, has not reported any turnover figures. Its presence in Kenya positions BLS International to tap into the growing market for consular services in East Africa.

Strategic Implications

This acquisition is expected to enhance BLS International's capabilities in providing visa and passport processing services in Kenya and potentially in the broader East African region. It represents a significant step in the company's international expansion strategy, particularly in emerging markets with growing demand for efficient consular services.

Regulatory Compliance

BLS International has assured that all necessary disclosures have been made in accordance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements.

BLS International Services has announced a significant move to consolidate its operations in Ireland. The company's wholly-owned subsidiary, BLS International FZE, has acquired complete ownership of BLS Consular Services Limited, an entity incorporated under Irish law.

Acquisition Details

BLS International FZE has subscribed to 100% of the share capital of BLS Consular Services Limited for €100.00, making it a wholly-owned step-down subsidiary of BLS International Services. This strategic move strengthens BLS International's position in the Irish market, particularly in the visa and passport processing sector.

Company Background

BLS Consular Services Limited, originally incorporated on October 5, 2017, specializes in visa and passport processing services. Despite its establishment several years ago, the company has not reported any turnover in the last three years, suggesting that this acquisition may be part of a broader strategy to activate and expand operations in Ireland.

Strategic Implications

This acquisition aligns with BLS International's core business of providing visa, passport, and consular services globally. By gaining full control of the Irish subsidiary, BLS International is poised to enhance its service offerings and potentially expand its footprint in the European market.

Regulatory Compliance

The company has duly informed the National Stock Exchange of India Ltd. and BSE Limited about this development, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investor Relations

In a separate announcement, BLS International has scheduled an investor/analyst meet as part of the ASHWAMEDH - ELARA INDIA DIALOGUE 2025, to be held physically in Mumbai on September 3, 2025. The company assures that no unpublished price-sensitive information will be shared during this meeting, maintaining transparency with its stakeholders.

This acquisition marks a significant step for BLS International in strengthening its global presence and operational capabilities in the consular services sector. Investors and industry observers will likely keep a close watch on how this move impacts the company's future growth and market position in Ireland and the broader European region.