BLS International Services Ltd - 540073 - Reply To The Clarification On Increase In Volume
This has ref. to your letter ref no. L/SURV/ONL/PV/KK/ 2022-2023 / 407 dated January 19, 2023 seeking clarification on Increase in the volume of securities of the BLS International Services Limited across the exchange in the recent past. We would like to inform you that the Company is in compliance with the Reg 30 of SEBI (LODR) Reg, 2015 and has been informing the stock exchange on all the events and information, which have a bearing on operation or performance of the Co. including all price sensitive information as required under Reg30 of SEBI LODR Reg. We would like to bring to your attention that our Co. came out with Bonus Issue on April 13,2022 and November 07, 2022, both in the ratio 1:1 which resulted in to increase in paid up capital base of the co. Therefore, whatever the Increase in the volume of securities of the Co. is purely due to market conditions and absolutely market driven mechanism. The Management of the co.is in no way connected with any such increase in volume.20-01-2023