• SENSEX 71,593.24
    -1,045.46 (--1.44%)
  • BANKNIFTY 54,515.05
    -540.50 (--0.98%)
Back

Corporate News

Atyati Technologies sells its financial lending business to TVAM Technologies for Rs 59.49 lakh
29-Sep-2026, 12:57

BLS E-Services Limited announced that its wholly-owned subsidiary, Atyati Technologies Private Limited, has approved a Business Transfer Agreement with TVAM Technologies Private Limited for the sale of its Joint Liability Group-Financial Lending Business on a slump sale basis for Rs 59.49 lakh. The JLG Business Undertaking had a turnover of Rs 100.56 crore, representing 26.8% of ATPL’s total turnover for the financial year 2025-26, and a net worth of Rs 59.49 lakh as of July 1, 2026, representing 0.9% of ATPL’s total net worth; TVAM, which does not belong to the promoter group, is a related party due to a shared director, and the transaction is expected to close within 90 days.