BLS International Services through its wholly owned subsidiary -- BLS E-services (BEPL) has entered into Share Purchase agreement and Share Transfer agreement to acquire 88.26% equity shares in ZERO Mass (ZMPL) for an aggregate sum of consideration of Rs 105 crore. Moreover, the company is planning to acquire 100% equity stake of ZERO Mass.
The company with its subsidiary companies is already in Business Correspondent business across the country and through this acquisition, BLS group intends to expand and consolidate its Business Correspondent business.
BLS International Services is a part of the four decades old BLS Group with a global presence and diversified range of services in polymers and petrochemicals, education, electronics, asset management, visa processing and management consulting.
