BLS International Services : Disclosure to be made by an entity identified as a Large Corporate
April 17, 2024 at 09:06 am EDT
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April 17, 2024
National Stock Exchange of India
BSE Limited,
Metropolitan Stock Exchange of India
Ltd.,
Ltd.,
Exchange Plaza, C-1 Block G,
Phiroze Jeejeebhoy Towers,
Vibgyor Towers, 4 th Floor, Plot No.
Bandra Kurla Complex Bandra [E],
Dalal Street, Fort,
C62, G - Block, Opp. Trident Hotel,
Mumbai - 400051
Mumbai - 400 001
Bandra Kurla, Complex, Bandra (E),
Mumbai - 400098
NSE Scrip Symbol: BLS
BSE Scrip Code: 540073
MSE Scrip Symbol: BLS
Subject: Disclosure to be made by an entity identified as a Large Corporate
Ref.: SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023 ("SEBI Circular")
We would like to inform you that BLS International Services Limited is not falling under category of "Large Corporate" as per the applicability criteria specified in para 3.2 of SEBI Circular for the Financial Year ended March 31, 2024.
The details as required is annexed hereto as Annexure A.
In view of the above, you are requested to take the above information on your records.
For BLS International Services Limited
………………………..
Dharak A. Mehta
Company Secretary and Compliance Officer ICSI Membership No.: FCS12878
Encl: as above
Annexure - A
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate
Sr.
Particulars
Details
No.
1.
Name of the Company
BLS International Services Limited
2.
CIN
L51909DL1983PLC016907
3.
Outstanding borrowing (Long term
NIL
borrowing) of Company as on 31st
March, 2024, as applicable
(in Rs. Crores)
4.
Highest Credit Rating During the
As on March 31, 2024:
previous FY along with name of the
Credit Rating Agency
Credit rating Agency: CRISIL Limited(CRISIL)
Total Bank Loan Facilities Rated Rs. 300 Crore
Long Term Rating CRISIL A/ Stable
Short Term Rating CRISIL A1
Further, CRISIL reaffirmed the above rating w.e.f.
April 03, 2024:
Credit Rating Agency: CRISIL Limited (CRISIL)
Total Bank Loan Facilities Rated Rs. 300 Crore
Long Term Rating CRISIL A/Positive
Short Term Rating CRISIL A1
5.
Name of Stock Exchange in which the
Not Applicable
fine shall be paid, in case of shortfall
in the required borrowing under the framework
We confirm that we are a not a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023.
For BLS International Services Limited
………………………..
Dharak A. Mehta Company Secretary
ICSI Membership No.: FCS12878
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BLS International Services Limited is an India-based company, which offers tech-enabled, visa, consular and citizen services. It provides visa processing and tech-enabled citizen services to states and provincial governments of Asia, Africa, Europe, South America, North America, and Middle East. Its segments include Rendering of Visa and other allied services, and Digital Services. Its tech-enabled citizen services include citizen and front-end services, consular services, verification and attestation, and biometric and identity management services. Its visa processing services include outsourced visa processing, verification of documents, attestation of documents, passport services, e-visa services, and other allied services. Its convenience services include photocopying, courier services, Internet facility, translation services, mobile biometrics, and prime time visa appointment. Its Digital Services segment includes e-governance, business correspondent and allied services.