28-Sept-2026 23:59:16
BLSGeneral news
BLS INTERNATIONAL : INTIMATES SLUMP SALE OF FINANCIAL LENDING BUSINESS WORTH RS 59.49 LAKH
• Subsidiary Atyati Technologies Private Limited (ATPL) to sell its Joint Liability Group (JLG) - Financial Lending Business to TVAM Technologies Private Limited (TVAM) • Transaction to be conducted on a slump sale basis • ATPL's JLG Business Undertaking had turnover of ₹100.56 Cr in FY25-26, representing 26.8% of ATPL's total turnover • Net worth of the undertaking as on July 1, 2026, is ₹59.49 Lakhs, representing 0.9% of ATPL's net worth • Consideration for the sale is ₹59,49,000/- • The transaction is expected to be completed within 90 days, subject to approvals • TVAM is a Private Company and a related party to ATPL, with the transaction being at arm's length
BLS International Services Limited
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