Corporate News
BLS International Services Limited announced that its step-down subsidiary, Atyati Technologies Private Limited, has entered into a Business Transfer Agreement with TVAM Technologies Private Limited for the sale and transfer of its Joint Liability Group-Financial Lending Business on a slump sale basis for Rs 59,49,000. 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 is a related party due to a shared director, does not belong to the promoter group of BLS International. The transaction is expected to be completed within approximately 90 days, subject to necessary approvals.