BLS International Services Limited has informed the Exchange regarding a press release dated October 16, 2025, titled " BLS International wins prestigious 3 Year Contract from Ministry of External Affairs, India to establish and operate Indian Visa Application Centres in China".
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BLS International has secured a prestigious 3-year contract from India's Ministry of External Affairs to establish and operate Indian Visa Application Centres (VACs) in China. The company will be responsible for setting up and managing visa application services across Chinese cities, as announced via a press release dated October 16, 2025. This adds a major geography to BLS's existing global visa services portfolio. The contract strengthens BLS's position in the overseas visa processing business and adds a recurring revenue stream tied to a key strategic market.
Positive for the stock — winning a government tender for an entirely new geography like China signals strong business growth and order book expansion. Investors can expect incremental revenue over the 3-year contract period, though the stock reaction will depend on the contract value and execution potential.