
On March 11, 2026, BLS International Services Limited announced that its wholly owned subsidiary, BLS International FZE, has acquired 100% of the share capital of BLSEC S.A.S, a company incorporated in Ecuador. This acquisition will result in BLSEC S.A.S becoming a wholly owned step-down subsidiary of BLS International Services Limited.
The acquisition involves BLS International FZE purchasing the entire share capital of BLSEC S.A.S for a cash consideration of $1,000. BLSEC S.A.S, established on May 22, 2023, operates in the visa management, passports, consular, e-government, certification, biometrics, electronic visa, and retail sales sectors. The company reported a turnover of $51,71,575 in December 2025.
BLSEC S.A.S is engaged in a business line that aligns with BLS International's existing operations. The acquisition is expected to enhance BLS International's footprint in the visa and consular services industry, particularly in Ecuador. The transaction does not involve any related party transactions and was executed at arm's length.
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The acquisition was completed in a single tranche, with no governmental or regulatory approvals required for the transaction. The purchase was made entirely in cash, and BLS International FZE now holds 100% control over BLSEC S.A.S.
BLSEC S.A.S, since its incorporation in May 2023, has shown significant growth with a turnover of $28,29,244 in December 2024, increasing to $51,71,575 by December 2025. The company is based in Ecuador and specialises in services related to visas, passports, and consular operations.
As of March 11, 2026, at 3:30 PM, BLS International Service share price on NSE was closed at ₹249.15 down by 1.29% from the previous closing price.
The acquisition of BLSEC S.A.S by BLS International FZE marks a strategic expansion in the visa management and consular services sector. This move strengthens BLS International's presence in Ecuador, aligning with its business objectives.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Mar 12, 2026, 9:22 AM IST

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