BLS E-Services Subsidiary Sells JLG Lending Business for ₹59.49 Lacs

BLS E-Services Ltd's wholly-owned subsidiary, Atyati Technologies Private Limited (ATPL), has approved the slump sale of its Joint Liability Group (JLG) - Financial Lending Business to TVAM Technologies Private Limited (TVAM). The transaction is valued at ₹59.49 Lacs, subject to post-closing adjustments. The JLG business contributed ₹100.56 Crores in turnover, representing 26.8% of ATPL's total turnover for FY25-26. The net worth contribution was ₹59.49 Lacs, or 0.9% of ATPL's total net worth. The sale is expected to be completed within 90 days, pending necessary approvals. TVAM is a related party to ATPL as a director of ATPL is also a director and member of TVAM, and the transaction has been conducted at arm's length.