BLS International Services Limited — JV/Acquisition, 29-10-2025: Acquisition

BLS International has expanded its global reach by establishing two new 100% step-down subsidiaries: BLS International Services (Senegal) SARL and BLS International Cyprus Limited. This move, facilitated by its subsidiary BLS International FZE, aims to strengthen its core visa and passport processing business in these key geographies. The initial capital subscription for Senegal is Francs CFA 1,00,000 and for Cyprus is Euro 1000. With no prior turnover from these newly formed entities, the immediate financial impact on BLS International is minimal, but it strategically positions the company for future growth and market penetration.