BLS International Services Limited has made a regulatory disclosure pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations regarding the subscription of shares in a newly incorporated subsidiary.
Subsidiary Details
- Target Entity: BLS International Services Japan Co. Ltd.
- Date of Incorporation: July 8, 2026
- Country of Incorporation: Japan
- Holding Company: BLS International FZE
- Relation with Listed Entity: Wholly owned subsidiary
Business Operations
The newly incorporated Japanese entity operates in the visa outsourcing industry with the following business activities:
1. Visa application processing services
2. Provision of citizen and front-end services
3. Consular-related services
4. Support services for issuance of electronic visas (e-Visas)
5. Management of biometric authentication and identity verification
6. Various certification, authentication, and verification services
7. Provision of various value-added services
8. All businesses incidental or related to the above items
Transaction Details
- Nature of Consideration: Cash
- Cost of Subscription: JPY 100,000
- Shareholding Percentage: 100%
- Governmental Approvals: Not applicable for the incorporation