Key Quantitative Figures
- Final Dividend: ₹0.50 (5%) per equity share of face value ₹10 each for FY 2025-26
- Current Issued, Subscribed and Paid-up Share Capital: ₹90,85,64,850 consisting of 9,08,56,485 equity shares of ₹10 each (as on notice date)
- Post-Split Share Capital: ₹90,85,64,850 consisting of 18,17,12,970 equity shares of ₹5 each
- Authorized Share Capital: ₹110,00,00,000 (pre and post split)
- Record Date for Dividend: September 8, 2026
- Record Date for Split: To be determined by Board
Dates of Action
- AGM Date: Tuesday, September 15, 2026 at 3:00 PM IST
- Remote E-voting Period: September 11, 2026 (9:00 AM) to September 14, 2026 (5:00 PM)
- Cut-off Date for Voting: September 8, 2026
- Board Meeting Date: August 6, 2026
- Dividend Payment: Within 30 days from declaration (if approved)
Parties Involved
- E-voting Service Provider: KFIN Technologies Limited (KFintech)
- Scrutinizer: Mr. Vijay Yadav, Partner of AVS & Associates
- Depositories: NSDL and CDSL
- Regulatory References: Companies Act, 2013; SEBI (LODR) Regulations, 2015; MCA circulars
Business to be Transacted
ORDINARY BUSINESS:
1. To receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026
2. To declare Final Dividend of ₹0.50 per equity share for FY 2025-26
3. To reappoint Mr. Diwakar Aggarwal (DIN: 00144645) who retires by rotation
SPECIAL BUSINESS:
4. Appointment of Dr. Savita (DIN: 08764773) as Non-Executive Independent Director for 5 years (August 6, 2026 to August 5, 2031) - Special Resolution
5. Appointment of Mr. Sarthak Behuria (DIN: 03290288) as Non-Executive Independent Director for 5 years (August 6, 2026 to August 5, 2031) - Special Resolution (includes approval for continuation beyond age 75)
6. Sub-division/Split of Equity Shares - 1:2 split (₹10 to ₹5 face value) - Ordinary Resolution
7. Alteration of Clause V of Memorandum of Association to reflect new share structure - Ordinary Resolution
Director Profiles
Dr. Savita (DIN: 08764773)
- Date of Birth: September 10, 1984 (Age: 41)
- Qualifications: Ph.D. in Commerce, UGC NET & JRF Qualified
- Current Positions: Independent Director at Morepen Laboratories Ltd and BLS International Services Limited; Guest Faculty, University of Delhi
- Expertise: Sustainable Development, Knowledge Management, Green Products, Behavioral Finance
- Committee Memberships: Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, CSR Committee, Business and Finance Committee
- Shareholding: Nil
- Other Directorships: 5 companies including BLS IT Services Private Limited, BLS E-Solutions Private Limited, Atyati Technologies Private Limited
Mr. Sarthak Behuria (DIN: 03290288)
- Date of Birth: March 2, 1952 (Age: 74, will turn 75 on March 2, 2027)
- Qualifications: Graduate from St. Stephen's College, Delhi; PG from IIM Ahmedabad
- Experience: Former Chairman of Indian Oil Corporation Limited; Former CMD of Bharat Petroleum Corporation Limited
- Awards: Honorary Fellowship of Energy Institute UK, Udyog Ratna Award, SCOPE Award
- Committee Memberships: Audit Committee Member
- Shareholding: Nil
- Other Directorships: 8 companies including BLS International Services Limited, Reliance BP Mobility Limited, Supreme Industries Limited, Bharat Seats Limited
Share Split Details
- Ratio: 1 equity share of ₹10 each to be subdivided into 2 equity shares of ₹5 each
- Pre-split Capital: 9,08,56,485 shares of ₹10 each = ₹90,85,64,850
- Post-split Capital: 18,17,12,970 shares of ₹5 each = ₹90,85,64,850
- Authorized Capital Impact: 11,00,00,000 shares of ₹10 each to become 22,00,00,000 shares of ₹5 each
- Purpose: Enhance liquidity and encourage participation of small investors
- Adjustments: ESOP scheme (BLS E-Services Limited-Employee Stock Option Scheme-2024) will be appropriately adjusted
Dividend Information
- Amount: ₹0.50 per share (5% on face value of ₹10)
- Record Date: September 8, 2026
- Payment Mode: Electronic mode (RBI approved)
- TDS Implications:
- 10% TDS for resident shareholders with valid PAN
- 20% TDS for resident shareholders without PAN
- 20% + surcharge + cess for non-resident shareholders
- No TDS if aggregate dividend ≤ ₹10,000 for resident individuals
- Forms 15G/15H accepted for exemption
- Document Requirements: Non-residents must provide PAN, Tax Residency Certificate, Form 10F, and self-declaration for DTAA benefits
E-voting and Meeting Arrangements
- Platform: KFIN Technologies Limited e-voting system
- Remote E-voting: September 11-14, 2026
- Meeting Mode: Video Conferencing/Other Audio Visual Means (VC/OAVM)
- Registration: Members must register email and mobile with DP/RTA
- Speaker Registration: September 1-5, 2026 for members wishing to speak
- Queries Deadline: September 5, 2026 for advance questions
Financial Impact
- Dividend Outflow: Approximately ₹4.54 crore (based on 9,08,56,485 shares)
- Share Split: No change in overall capital, only arithmetic restructuring
- Director Remuneration: Sitting fees only, as per Nomination and Remuneration Policy
Documents Available
- Notice and Annual Report available at https://blseservices.com/investor-relations/shareholder-general-meeting
- Draft letters of appointment for independent directors available for inspection at registered office
- Documents also available on BSE, NSE, and KFintech websites