BLS International Subsidiary Sells JLG Lending Business for ₹59.49 Lakhs

BLS International Services Ltd announced that its step-down subsidiary, Atyati Technologies Private Limited (ATPL), has approved a slump sale of its Joint Liability Group (JLG) financial lending business to TVAM Technologies Private Limited (TVAM). The transaction, valued at ₹59.49 Lakhs, is expected to be completed within 90 days, subject to necessary approvals. The JLG business contributed ₹100.56 Crores in turnover, representing 26.8% of ATPL's FY26 turnover, and had a net worth of ₹59.49 Lakhs as of July 1, 2026, which is 0.9% of ATPL's total net worth. Notably, TVAM is considered a related party to ATPL as a director of ATPL is also a director and member of TVAM. The sale is conducted on an arm's length basis.