Hot Pursuit     13-Apr-22
BLSInternational Services advances after board approves 1:1 bonus issue
BLS International Services rose 1.15% to Rs 328.95 after the company announced that its board has recommended bonus issue of equity shares in the ratio of 1:1.

The company proposes to issue 1 bonus equity shares to the existing shareholders for every 1 existing paid up equity share held by them as on a record date, to be fixed for the said purpose.

BLS International Services is a global tech-enabled services partner for governments and citizens, in the domain of visa, passport, consular, citizen, e-governance, attestation, biometric, e-visa and retail services since 2005.

The company's consolidated net profit surged 102.15% to Rs 28.22 crore in the quarter ended December 2021 as against Rs 13.96 crore during the previous quarter ended December 2020. Sales rose 50.93% YoY to Rs 227.06 crore in Q3 FY22.

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