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BLS International Services’ arm to subscribe 100% share capital of BLS International Travel & Tourism

22 Aug 2023 Evaluate

BLS International Services’ subsidiary -- BLS International FZE is in process to subscribe 100% share capital of BLS International Travel & Tourism, a company incorporated under the law of Saudi Arabia. Consequent to the subscription of 100% share capital of BLS International Travel & Tourism (Saudi Arabia) will become Step down subsidiary and wholly owned subsidiary of the Company. The acquisition will be completed on or before August 31, 2023.

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.


Peers
Company Name CMP
SIS 418.30
Quess Corp 341.10
TeamLease Services 1172.95
Bluspring Enterprise 144.95
BLS Internatl. Serv. 224.25
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