BLS International Services Limited has informed the Exchange about Bagging/Receiving of orders/contract from UIDAI for running Aadhar Seva Kendra across India
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Awaiting price reaction for this filing.
BLS International has received a work order from the Unique Identification Authority of India (UIDAI), a Government of India body, worth approximately INR 2,055.35 Crores (inclusive of all duties and taxes). The contract is for establishing and running District Level Aadhaar Seva Kendras (ASKs) across India, providing Aadhaar enrolment, update, and related citizen services. The order is for a 6-year period, is fully domestic, and involves no related party interest. The contract represents outsourcing delivery of a major public service by the government, expanding BLS's citizen services portfolio significantly.
This is a major positive for BLS International, providing strong multi-year revenue visibility over 6 years. Given that the total contract value (approx. INR 2,055 Crores) is comparable to or larger than the company's annual revenue, this order should materially boost earnings and support a positive outlook for the stock.