The Ministry of External Affairs (MEA) has barred BLS International from participating in any future MEA tenders or those of Indian Missions abroad for two years, the company said in a BSE filing on Saturday. The company added that the debarment will not affect its existing contracts.
The MEA issued the order on October 9, citing several reasons for the action. According to BLS International, the move follows allegations related to court cases and complaints from applicants. “evaluating the order and will take appropriate legal steps as advised,” the company said in its exchange filing.
“We wish to inform you that BLS International Services Ltd. (‘Company’) has received an order dated October 9, 2025, from the Ministry of External Affairs, Government of India, whereby the Company is debarred from participation in any tenders issued by MEA and Missions/Posts abroad for a period of two years,” the company disclosed.
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Ongoing contracts safe
The restriction does not impact BLS International’s existing projects with the MEA and Indian Missions abroad. The company assured stakeholders that all current contracts remain valid and operational.
“The existing contracts currently being executed by the Company for the MEA and Missions/Posts abroad shall continue to remain unaffected by the above-mentioned order,” BLS stated.
The company also noted that there will be no immediate disruption to its business. “There is no financial or operational impact on the Company due to the said order,” the filing noted.
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Allegations under review
The MEA’s action follows allegations, complaints, and court cases related to the company’s services, which BLS said it is now reviewing. Legal options are being considered. “The Company is evaluating the said order and will take appropriate legal steps as advised,” the statement read.
The debarment is effective from October 9, 2025, to October 8, 2027, and was disclosed under Regulation 30 of SEBI Listing Regulations as a material development.
BLS International stock performance
The company’s shares closed marginally higher at Rs 337.90 on Friday, gaining 0.18 per cent. Over the past five trading sessions, the stock has rallied more than 2.5 per cent. However, the broader 30-day trend shows a decline of over 8.5 per cent. Year-to-date, the stock has dropped sharply, losing more than 30 per cent of its value.
About BLS International
Established in 2005, BLS International is a global outsourcing and technology services provider, offering visa, passport, consular, citizen, and biometric services to governments. It operates in over 70 countries, manages more than 50,000 centers, and processes millions of applications while adhering to international quality and information security standards.
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