BLS International Services Limited announced that its listed subsidiary, BLS E-Services Limited, has successfully completed the acquisition of 100% of the equity share capital of Atyati Technologies Private Limited (ATPL) as of July 02, 2026. This acquisition establishes ATPL as a step-down subsidiary of BLS International Services Limited.

The acquisition was executed as an all-cash deal for a total consideration of Rs. 156.82 Crores. By acquiring 100% control, BLS E-Services aims to consolidate its position in the financial inclusion sector, specifically by expanding its Business Correspondent (BC) network and integrating Atyati’s micro-lending and technology solutions into its core delivery model. This move allows BLS E-Services to retain full control over net profits from Atyati’s operations and represents a strategic pivot toward becoming a vertically integrated rural fintech player.

BLS International Services is a global tech-enabled services partner for governments, specializing in visa processing, biometrics, and citizen services. The company has been active in expanding its portfolio, having secured a major Rs. 2,055 Crores contract from UIDAI in 2025 and established operations in numerous countries. Atyati Technologies, headquartered in Bangalore, is an AI-powered banking technology service provider focused on last-mile connectivity and financial inclusion. Through its “Ganaseva” platform, Atyati serves over 40 million customers across 50,000 villages, providing essential services like agency banking and loan management. The integration of these two entities is expected to unlock scale and create a combined footprint exceeding 70,000 touchpoints.

In the first quarter of fiscal year 2026 (Q1 FY26), BLS International reported a strong performance with a consolidated net profit of Rs. 180.97 Crores, marking a 49.83% increase. The company also reported a 44% jump in revenue to Rs. 711 Crores for the same period. Regarding shareholding, the company has maintained a stable promoter stake of 68.90% as of late 2025, with institutional participation from FIIs and DIIs.