Subject: Successful Completion of Acquisition of Equity Shares of Atyati Technologies Private Limited
Consequent to this acquisition, ATPL has become a wholly-owned subsidiary of the Company.
Acquisition Details as per Regulation 30(6) and SEBI Circular:
Company Background: Atyati Technologies Pvt. Ltd., incorporated on March 29, 2006 and headquartered in Bangalore, is a Technology and Business Correspondent organization enabling banks to deliver financial services to rural and underbanked segments. It operates across Financial Inclusion, lending to micro-customers, and technology solutions with an agent network spanning across 1 lakh villages.
Financial Details:
- Paid up Share Capital: ₹11,42,35,070
- Turnover (Revenue from Operations):
- FY 2025-26: ₹375.8 Crores
- FY 2024-25: ₹395.6 Crores
- FY 2023-24: ₹389.9 Crores
Acquisition Terms:
- Nature of Consideration: Cash consideration
- Cost of Acquisition: ₹156.82 crores subject to certain conditions
- Percentage of shareholding control acquired: 100%
Business Impact: ATPL is already in Business Correspondent (BC) business across the country. Through this acquisition, BLS intends to expand and consolidate its BC business. The micro-lending and technology solutions will enable BLS to further broaden its reach and strengthen its position in the financial inclusion sector.
Regulatory Aspects:
- The acquisition does not fall within related party transactions
- No governmental or regulatory approvals were required for the acquisition
- No indicative time period for completion was applicable as the acquisition is already completed
Geographic Presence: The acquired entity has presence in India.
The disclosure is made in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and Regulation 30(6) read with Schedule III Part A Para A (1) of the Listing Regulations.
Date: July 02, 2026