BLS International Share Price in Focus as it Acquires 100% Stake in Consular Outsourcing Services

BLS International Services Ltd, through its wholly-owned subsidiary BLS International FZE, has acquired Consular Outsourcing Services Kenya Limited. The announcement was made on September 1, 2025, through an exchange filing.

Shareholding and Consideration

The transaction involved subscribing to 100% of the paid-up share capital of Consular Outsourcing Services Kenya Limited. The investment was made in cash for a total amount of 100,000 Kenyan Shillings (KES). Following this, the Kenyan entity has become a wholly-owned step-down subsidiary of BLS International.

Entity Background

Consular Outsourcing Services Kenya Limited was incorporated on February 20, 2025, under the laws of Kenya. The company is engaged in the business of visa and passport processing. Since it is a newly incorporated entity, it has not recorded any turnover in the last three years. Its paid-up share capital stands at 100,000 KES.

Regulatory Aspects

According to the filing, the acquisition does not fall within related-party transactions, and the promoter group of BLS International does not hold any interest in the Kenyan entity. No regulatory or governmental approvals were required to complete the transaction.

Read more: BLS International Secures UIDAI Work Order Worth ₹2,055.35 Crore for Aadhaar Seva Kendra Project!

Completion Timeline

The acquisition was finalised on September 1, 2025, with BLS International FZE subscribing to the entire share capital. The deal was executed in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements.

The newly acquired subsidiary will operate in the same line of business as BLS International, dealing in visa and passport processing services. The company noted that the acquisition falls within its existing business scope.

BLS International Share Price Performance 

As of September 2, 2025, 12:30 PM, BLS International share price was trading at ₹373.35, a 0.76% increase from the previous closing price.

Conclusion

BLS International’s acquisition of Consular Outsourcing Services Kenya Limited marks the incorporation of a new subsidiary in East Africa. The transaction was carried out entirely through cash consideration and aligns with its core business operations.

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