Bullish Moving Averages
16
Bearish Moving Averages
0
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Performance
Today’s low
369.00Today’s High
381.0052W low
205.2052W High
430.00Open Price
370.00Prev. Close
310.4000Volume
3358160.00Value
1274085904.00Fundamentals
Market Cap
15621.40
Price to Earnings
49.90
Price to Book Value
10.80
Dividend Yield
0.20
PE to Growth
0.90
Op Revenue TTM
1676.81
Net Profit TTM
312.97
Cash From Operating Activity
349.85
Return on Equity %
25.91
EMA & SMA
DELIVERY AND VOLUME
DAILY AVG. DELIVERY VOLUME %
05 Jul, 2024
28.6
Week
23.6
Month
29.1
LEGEND
Positive Indicator
Neutral Indicator
Negative Indicator
RESISTANCE AND SUPPORT
376.47
PIVOT
First Resistance
383.93
Second Resistance
388.47
Third Resistance
395.93
First Support
371.93
Second Support
364.47
Third Support
359.93
Relative Strength Index
64.16
Money Flow Index
70.42
MACD
12.42
MACD Signal
10.65
Average True Range
13.45
Average Directional Index
26.76
Rate of Change (21)
25.36
Rate of Change (125)
16.1
Commodity Channel Index
109.4
Williams %R
-12
BETA
1 Month
1.02
3 Month
1.28
1 Year
1.19
3 Year
0.31
PRICE CHANGE ANALYSIS
↑ 8.21%
1 Week
Low
High
348
383.8
↑ 22.23%
1 Month
Low
High
310.3
383.8
↑ 7.52%
3 Months
Low
High
277.95
383.8
↑ 12.83%
6 Months
Low
High
262.95
429.95
↑ 80.62%
1 Year
Low
High
205.2
429.95
| Indicator | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Graph |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Qtr Revenue cr | 53.24 | 32.36 | 40.52 | 27.98 | 36.59 | 30.27 | 25.45 | 31.69 | 26.73 | 12.25 | 11.56 | |
| Operating Expenses Qtr | 33.39 | 26.85 | 21.73 | 24.12 | 24.01 | 19.71 | 16.11 | 14.86 | 12.62 | 11.19 | 7.93 | |
| Operating Profit Qtr | 6.82 | -3.52 | 5.84 | 3.41 | 1.19 | 2.27 | 7.94 | 0.74 | 2.38 | 0.16 | -0.15 | |
| EBIDT Qtr Cr | 19.85 | 5.51 | 18.79 | 3.85 | 12.59 | 10.56 | 9.34 | 16.83 | 14.11 | 1.06 | 3.63 | |
| Depreciation Qtr | 1.79 | 1.43 | 2.23 | 0.88 | 1.03 | 0.57 | 0.55 | 0.45 | 0.53 | 0.50 | 0.47 | |
| Net Profit Qtr | 15.02 | 5.05 | 14.79 | 2.15 | 11.04 | 7.60 | 6.57 | 16.04 | 12.59 | 0.42 | 2.99 | |
| Basic EPS Qtr | 0.36 | 9.12 | 0.36 | 0.05 | 0.27 | 0.19 | 0.32 | 0.78 | 1.23 | 0.04 | 0.29 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 154.10 | 124.01 | 57.60 | 50.16 | 73.15 | |
| Operating Expenses Annual Cr | 106.10 | 74.68 | 38.21 | 24.32 | 41.12 | |
| Operating Profit Annual | 12.55 | 12.14 | 2.06 | -4.06 | 12.01 | |
| Operating Profit Margin Annual % | 8.14 | 9.79 | 3.57 | -8.09 | 16.42 | |
| Total Expenses Annual Cr | 113.89 | 77.39 | 40.19 | 26.37 | 43.62 | |
| EBIDT Annual Cr | 48.01 | 49.32 | 19.39 | 25.85 | 32.03 | |
| EBIDT Annual margin % | 31.15 | 39.77 | 33.67 | 51.53 | 43.79 | |
| Depreciation | 6.32 | 2.61 | 1.89 | 1.91 | 1.91 | |
| PAT Before ExtraOrdinary Items Annual Cr | 37.01 | 41.25 | 16.11 | 20.81 | 23.07 | |
| Net Profit Annual | 37.01 | 41.25 | 16.11 | 20.81 | 23.07 | |
| Basic EPS Annual | 0.90 | 1.00 | 1.57 | 2.03 | 2.25 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 89.46 | 77.90 | 59.08 | 55.71 | 41.61 | |
| Minority Interest Liability Annual Cr | - | - | - | - | - | |
| Total Non Current Liabilities Annual Cr | 18.18 | 1.48 | 1.23 | 1.08 | 0.76 | |
| Total Current Liabilities Annual Cr | 21.53 | 16.73 | 28.55 | 7.85 | 24.50 | |
| Total Capital Plus Liabilities Annual Cr | 129.17 | 96.11 | 88.86 | 64.64 | 66.87 | |
| Fixed Assets Annual | 31.22 | 8.28 | 3.79 | 4.15 | 4.49 | |
| Total Non Current Assets Annual | 70.57 | 46.93 | 36.69 | 14.20 | 10.37 | |
| Total Current Assets Annual | 58.60 | 49.18 | 52.17 | 50.45 | 56.50 | |
| Total Assets Annual | 129.17 | 96.11 | 88.86 | 64.64 | 66.87 | |
| Contingent Liabilities plus Commitments Annual Cr | - | 51.03 | 56.24 | 101.18 | 115.21 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | -0.26 | -6.44 | -0.41 | -26.15 | 1.30 | |
| Cash from Investing Activity Annual | 26.37 | 34.86 | 18.67 | 32.65 | 23.80 | |
| Cash from Financing Annual Activity | -31.35 | -23.46 | -13.89 | -9.09 | -23.04 | |
| Net Cash Flow Annual | - | 4.96 | 4.37 | -2.60 | 2.07 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 2.17 | 1.90 | 5.77 | 5.44 | 4.06 | |
| ROE Annual % | 41.37 | 52.95 | 27.27 | 37.35 | 55.45 | |
| ROCE Annual % | 38.73 | 58.84 | 29.02 | 42.14 | 71.08 | |
| Total Debt to Total Equity Annual | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBDIT Annual Margin % | 40.46 | 56.80 | 48.16 | 127.59 | 60.29 |
| Indicator | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Graph |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Qtr Revenue cr | 462.77 | 447.05 | 416.43 | 390.51 | 455.62 | 444.93 | 360.31 | 276.58 | 258.90 | 230.55 | 193.06 | |
| Operating Expenses Qtr | 357.43 | 349.30 | 321.00 | 303.43 | 382.09 | 371.60 | 300.04 | 241.33 | 218.80 | 201.53 | 162.89 | |
| Operating Profit Qtr | 90.28 | 88.58 | 86.74 | 80.05 | 66.53 | 66.30 | 56.80 | 31.50 | 35.04 | 25.53 | 27.57 | |
| EBIDT Qtr Cr | 105.35 | 97.75 | 95.43 | 87.08 | 95.53 | 48.73 | 60.27 | 35.26 | 40.10 | 29.02 | 30.17 | |
| Depreciation Qtr | 11.06 | 6.25 | 7.27 | 6.36 | 7.99 | 3.90 | 4.00 | 2.61 | 2.39 | 1.57 | 1.53 | |
| Net Profit Qtr | 80.76 | 84.55 | 78.75 | 68.91 | 69.21 | 50.70 | 50.37 | 30.47 | 35.35 | 28.22 | 27.47 | |
| Basic EPS Qtr | 1.96 | 2.05 | 1.91 | 1.68 | 1.69 | 1.23 | 2.46 | 1.49 | 3.45 | 2.76 | 2.68 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 1716.76 | 1537.44 | 864.84 | 497.03 | 799.12 | |
| Operating Expenses Annual Cr | 1331.16 | 1295.19 | 742.96 | 438.67 | 702.72 | |
| Operating Profit Annual | 345.66 | 221.00 | 106.93 | 39.70 | 83.42 | |
| Operating Profit Margin Annual % | 20.13 | 14.37 | 12.36 | 7.99 | 10.44 | |
| Total Expenses Annual Cr | 1364.69 | 1314.35 | 750.88 | 448.67 | 716.47 | |
| EBIDT Annual Cr | 385.61 | 242.25 | 121.88 | 58.36 | 96.40 | |
| EBIDT Annual margin % | 22.46 | 15.76 | 14.09 | 11.74 | 12.06 | |
| Depreciation | 30.94 | 18.49 | 7.25 | 9.46 | 12.15 | |
| PAT Before ExtraOrdinary Items Annual Cr | 325.62 | 204.27 | 111.20 | 50.33 | 52.38 | |
| Net Profit Annual | 312.97 | 200.76 | 111.27 | 50.15 | 52.43 | |
| Basic EPS Annual | 7.60 | 4.89 | 10.86 | 4.90 | 5.11 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 1207.64 | 802.85 | 569.78 | 459.81 | 428.46 | |
| Minority Interest Liability Annual Cr | 233.97 | 34.28 | 0.04 | 0.11 | -0.07 | |
| Total Non Current Liabilities Annual Cr | 30.13 | 8.06 | 9.22 | 3.32 | 2.84 | |
| Total Current Liabilities Annual Cr | 144.66 | 100.18 | 54.29 | 34.86 | 38.00 | |
| Total Capital Plus Liabilities Annual Cr | 1616.40 | 945.38 | 633.33 | 498.11 | 469.23 | |
| Fixed Assets Annual | 214.09 | 152.28 | 104.25 | 29.62 | 33.16 | |
| Total Non Current Assets Annual | 502.18 | 375.96 | 232.62 | 85.23 | 82.24 | |
| Total Current Assets Annual | 1114.22 | 569.41 | 400.70 | 412.88 | 386.99 | |
| Total Assets Annual | 1616.40 | 945.38 | 633.33 | 498.11 | 469.23 | |
| Contingent Liabilities plus Commitments Annual Cr | - | 53.77 | 37.06 | 101.52 | 124.69 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | 349.85 | 260.53 | 185.33 | 45.01 | 115.86 | |
| Cash from Investing Activity Annual | -260.06 | -237.75 | -171.51 | -22.38 | -107.42 | |
| Cash from Financing Annual Activity | 257.40 | 7.23 | -12.05 | -9.48 | -53.76 | |
| Net Cash Flow Annual | - | 30.02 | 1.77 | 13.15 | -45.32 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 35.01 | 20.38 | 55.62 | 44.89 | 41.81 | |
| ROE Annual % | 25.91 | 25.00 | 19.52 | 10.90 | 12.23 | |
| ROCE Annual % | 24.09 | 26.47 | 19.79 | 10.55 | 19.53 | |
| Total Debt to Total Equity Annual | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | |
| EBDIT Annual Margin % | 22.99 | 15.97 | 14.34 | 12.20 | 12.26 |
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|---|---|---|---|
| Diwakar Aggarwal | 5.76 | 74394202 | 0 | 0 |
| Gaurav Aggarwal | 4.86 | 74394203 | 0 | 0 |
| Madhukar Aggarwal | 4.86 | 74394204 | 0 | 0 |
| Vinod Aggarwal | 4.86 | 74394205 | 0 | 0 |
| Sushil Aggarwal | 2.43 | 74394206 | 0 | 0 |
| Shikhar Aggarwal | 2.17 | 74394207 | 0 | 0 |
| Alka Aggarwal | 1.94 | 74394208 | 0 | 0 |
| Azadpur Finvest Private Limited | 4.92 | 74394212 | 0 | 0 |
| BLS Finvest Limited | 4.86 | 74394213 | 0 | 0 |
| Goodwork Finvest Private Limited | 4.86 | 74394214 | 0 | 0 |
| GRB Finvest Private Limited | 4.86 | 74394215 | 0 | 0 |
| Hawai Capital Private Limited | 4.86 | 74394216 | 0 | 0 |
| Hillman Properties Private Limited | 4.86 | 74394217 | 0 | 0 |
| Intime Finance And Investment Private Limited | 4.86 | 74394218 | 0 | 0 |
| V S Estate Pvt Ltd | 4.86 | 74394219 | 0 | 0 |
| Wonder Rock Finance And Investment Private Limited | 4.86 | 74394220 | 0 | 0 |
| Name | Holding Percent | Holding Id |
|---|---|---|
| Sixteenth Street Asian Gems Fund | 2 | 74394228 |
| Name | Holding Percent | Holding Id |
|---|---|---|
| HUF | 0.66 | 74394231 |
| Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| Feb 23, 2024 | 0.5 | INTERIM | Feb 23, 2024 | Equity Share |
| Sep 14, 2023 | 0.25 | FINAL | - | Equity Share |
| Feb 17, 2023 | 0.5 | INTERIM | Feb 17, 2023 | Equity Share |
| Sep 13, 2022 | 0.25 | FINAL | - | Equity Share |
| Feb 11, 2022 | 1 | INTERIM | Feb 14, 2022 | Equity Share |
| Sep 16, 2021 | 0.25 | FINAL | - | Equity Share |
| Feb 11, 2021 | 0.25 | INTERIM | Feb 12, 2021 | Equity Share |
| Sep 11, 2020 | 0.5 | FINAL | - | Equity Share |
| Feb 13, 2020 | 0.5 | INTERIM | Feb 14, 2020 | Equity Share |
| Sep 18, 2019 | 1 | FINAL | - | Equity Share |
| Sep 11, 2018 | 0.5 | FINAL | - | Equity Share |
| Sep 12, 2017 | 0.3 | FINAL | - | Equity Share |
| Nov 23, 2016 | 0.5 | INTERIM | Nov 24, 2016 | Equity Share |
| Ex-Date | Split Ratio | Record Date |
|---|---|---|
| Apr 26, 2017 | 10:1 | 2017-04-27 |
| Ex-Date | Purpose | Notes |
|---|---|---|
| May 14, 2024 | Audited Results & Final Dividend | - |
| Feb 12, 2024 | Quarterly Results & Interim Dividend | - |
| Nov 06, 2023 | Quarterly Results | - |
| Aug 09, 2023 | Quarterly Results | - |
| May 11, 2023 | Audited Results & Final Dividend | - |
| Feb 06, 2023 | Quarterly Results & Interim Dividend | - |
| Nov 07, 2022 | Quarterly Results & Bonus issue | - |
| Aug 05, 2022 | Quarterly Results | - |
| May 07, 2022 | Audited Results & Final Dividend | - |
| Apr 13, 2022 | Bonus issue | - |
| Feb 02, 2022 | Quarterly Results & Interim Dividend | - |
| Oct 29, 2021 | Quarterly Results | - |
| Jul 27, 2021 | Quarterly Results | - |
| Jun 15, 2021 | Audited Results & Final Dividend | - |
| Feb 02, 2021 | Quarterly Results & Interim Dividend | - |
| Nov 03, 2020 | Quarterly Results | - |
| Jul 29, 2020 | Quarterly Results | - |
| Jun 20, 2020 | Audited Results, F. Dividend & Others | Inter alia, 1. To take note of Resignation of Ms. Archana Maini from the post of Company Secretary of the Company. |
| Feb 01, 2020 | Quarterly Results & Interim Dividend | - |
| Nov 14, 2019 | Quarterly Results & Others | - |
| Aug 06, 2019 | Quarterly Results & Others | - |
| Jun 13, 2019 | Others | Inter alia, to consider and approve To Consider and Appoint Mr. Amit Sudhakar as the Chief Financial Officer (CFO) of the company. |
| May 27, 2019 | Audited Results & Final Dividend | - |
| Feb 12, 2019 | Quarterly Results | - |
| Nov 12, 2018 | Quarterly Results | - |
| Aug 08, 2018 | Quarterly Results | - |
| May 22, 2018 | Audited Results & Final Dividend | - |
| Feb 13, 2018 | Quarterly Results | - |
| Dec 28, 2017 | Others | 1. To Review the performance of Board and Committees as a whole. 2. To assess the quality, quantity and timeliness of flow of information between the Company Management and the Board. |
| Nov 09, 2017 | Quarterly Results & Others | To Appoint Nangia & Co. LLP, Chartered Accountants as Internal Auditor of the Company. |
| Aug 09, 2017 | Quarterly Results & Others | - |
| Jun 13, 2017 | Final Dividend & Others | To Consider and Approve appointment of Mr. Karan Aggarwal (DIN: 02030873) as Additional Director of the Company in the capacity of Executive Director. |
| May 22, 2017 | Audited Results | - |
| Apr 17, 2017 | To fix Record date for Stock Split | - |
| Mar 06, 2017 | Stock Split | 1.To Sub-divide Equity Shares of the Company from Face value of Rs.10/- per share to Re.1/- per share. 2. To call Extra-ordinary General Meeting of the Company. |
| Feb 14, 2017 | Quarterly Results & Others | - |
| Dec 19, 2016 | Appointment & Resignation of CFO | - |
| Nov 11, 2016 | Quarterly Results & Interim Dividend | Appointment of Mr. Sarthak Behuria Independent Director of the Company w.e.f. November 11, 2016; |
| Oct 20, 2016 | Others | 1. Appointment of M/s. SS Kothari Mehta & Company, Chartered Accountants as Statutory Auditor of the Company. 2. Approval of increasing the Remuneration of Mr. Nikhil Gupta, Managing Director. |
| Aug 13, 2016 | Quarterly Results | - |
| Jun 17, 2016 | Appointment of Additional Director | Increase in Remuneration of Mr. Diwakar Agarwal, Managing Director of the Company, subject to the approval of shareholders. |
| Ex-Date | Bonus Ratio | Record Date |
|---|---|---|
| Dec 08, 2022 | 1:1 | 2022-12-10 |
| May 13, 2022 | 1:1 | 2022-05-17 |
02 Jul 2024
BLS International To Provide Visa Outsourcing Services For Poland In The Philippines
BLS International has signed a contract with the Embassy of Poland in the Philippines to offer comprehensive visa outsourcing services.
01 Jul 2024
BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
Pursuant to compliance with regulation 30 of SEBI (LODR) Regulations 2015 and in continuation to the our earliest corporate announcement dated March 29, 2024 and January 15, 2024, where it was informed that intentions of BLS International FZE, a wholly owned subsidiary to acquire iData through BLS FZE and its subsidiaries. The same was expected to be completed by June 30, 2024. The acquisition is now expected to be completed by july 20, 2024, in terms of closure of conditions precedent.
28 Jun 2024
BLS International Services Ltd - 540073 - Closure of Trading Window
This is to Inform you that in accordance with Company''s code of conduct and SEBI (PIT) Regulation, 2015, the trading widow for trading in securities of the Company will be closed for designated persons and immediate relatives of designated persons with effect from July 01, 2024 till completion of 48 hours after the unaudited financial results of the company for the first quarter ended on June 30, 2024 generally made available to public.
26 Jun 2024
BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 read with Part of Schedule III of SEBI (LODR) Regulation, 2015, we would like to inform you that the BLS International FZE (Wholly owned Subsidiary) of the Company has incorporated a overseas wholly owned subsidiary with the name of BLS International Holding Anonim Sirketi, under the law of Turkish Commercial Code on June 26, 2024.
18 Jun 2024
BLS E-Services to acquire 55% stake in Aadifidelis Solution for Rs 190 cr
Visa services provider BLS International on Tuesday said its subsidiary BLS E-Services Limited (BLSE) has signed an agreement to acquire 55 per cent in Aadifidelis Solutions and its affiliates for an enterprise value of about Rs 190 crore. BLSE has entered into a definitive Share Purchase Agreement (SPA) to acquire the controlling interest in Aadifidelis Solutions (ASPL) and its affiliates, a major player in India in the distribution and processing of loans for corporates and individuals. BLSE will make an upfront investment (primary and secondary) of about Rs 71 crore with balance consideration being deferred linked to the achievement of milestones in 2024-25, BLS said in a release. The acquisition will be an all-cash deal. The transaction will be completed in the second quarter of the fiscal. Shikhar Aggarwal, Joint Managing Director of BLS International Services said that the signing of a definitive agreement with ASPL is a strategic move that will unveil a plethora of...
17 Jun 2024
BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 read with schedule III of SEBI (LODR) Regulation, 2015, please find enclosed a press release dated June 17, 2024 with respect to signing of definitive Share Purchase Agreement by BLS E-Services Limited (Subsidiary of BLS International Services Limited) to acquire 55% controlling interest in Aadifidelis Solutions Private Limited and its affiliates (ASPL).
12 Jun 2024
BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to compliance with regulation 30 read with part A of schedule III of SEBI (LODR) regulations, 2015 ( including any statutory modification(s), amendment''s or re-enactment(s) thereof, we would like to inform you that the BLS International FZE, Wholly owned subsidiary of the company has enter into share transfer agreement to acquire 99% equity share of Balozi Liaison Services, A company incorporated under the law of Egypt, Consequent to the said acquisition of the share capital of Balozi Liaison Services, Egypt, it will become a step down subsidiary of company. ("SDS")
29 May 2024
BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We are hereby enclosing copies of Newspaper publication on circulation of Unsolicited messages.
24 May 2024
BLS International Services Ltd - 540073 - Clarification With Respect To Circulation Of Unsolicited Messages With Regard To The Equity Shares Of The Company
The Company came to know of Unsolicited Messages in relation to the equity shares of the Company and would like to categorically clarify that the Company was neither aware of such messages nor does it have any role in unethical behavior of circulation of such messages by unknown persons/ entities/ groups.
20 May 2024
BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to compliance of Regulation 30 read with part A of Schedule III of SEBI (LODR) Regulation, 2015, (including any statutory modification or amendment (s) thereof for the time being in force, we would like to inform you that the BLS International FZE, subsidiary of Company is in process to subscribe 99.93% share capital of BLS International Peru SAC, a company incorporated under the law of Peru and to subscribe 100% share capital of BLS International S.A.S incorporated under law of Columbia, consequent to the subscription, BLS International Peru SAC become Step down subsidiary of the Company and BLS International S.A.S become wholly owned step down subsidiary of the Company.
