Announced Thu, 2 Jul · 19:20 IST

BLS subsidiary acquires 100 percent of Atyati Technologies for Rs 156.82 cr

Listed Co AcquisitionStrategic Transactions View source PDF

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AI summary

BLS listed subsidiary BLS E-Services has acquired 100 percent equity of Atyati Technologies (ATPL) for Rs 156.82 crore in cash. ATPL, an AI-powered banking tech and Business Correspondent firm with FY26 revenue of Rs 375.8 crore, becomes a step-down subsidiary. The deal expands and consolidates BLS's BC business and strengthens its position in financial inclusion.

Likely market impact

Expands group BC business footprint; ATPL adds around Rs 376 crore revenue and banking tech capability to BLS.