Key Transaction Details
- Acquisition Date: July 02, 2026
- Acquiring Entity: BLS E-Services Limited (listed subsidiary of BLS International)
- Target Entity: Atyati Technologies Private Limited (ATPL)
- Percentage Acquired: 100% equity share capital
- Consideration: Cash consideration of ₹156.82 crores, subject to certain conditions
- Post-acquisition Status: ATPL has become a Step Down Subsidiary (SDS) of BLS International Services Limited
Target Company Details
- Name: Atyati Technologies Private Limited
- Paid-up Share Capital: ₹11,42,35,070
- Business Description: AI-powered banking technology service provider to banks and financial institutions and Business Correspondent (BC) services for various banks for last mile connectivity
- Industry: Banking technology and financial services
- Date of Incorporation: March 29, 2006
- Headquarters: Bangalore, India
- Geographic Presence: India
Financial Performance of Target Company
Revenue from Operations:
- FY 2023-24: ₹389.9 Crores
- FY 2024-25: ₹395.6 Crores
- FY 2025-26: ₹375.8 Crores
Transaction Rationale and Impact
The acquisition aims to expand and consolidate BLS's BC business across the country. Additionally, the micro lending and technology solutions will enable BLS to further broaden its reach and strengthen its position in the financial inclusion sector.
Additional Information
The complete details as required under Regulation 30(6) read with Schedule III Part A Para A (1) of the Listing Regulations are provided in Annexure-A attached to the disclosure.