Stock Report

BLS International signs contract to process German visas in North America & Mexico



Posted On : 2022-05-24 13:19:03( TIMEZONE : IST )

BLS International signs contract to process German visas in North America & Mexico

BSE, NSE and MSE listed (BSE: 540073; NSE: BLS MSE: BLS), BLS International, a trusted global tech-enabled services partner for governments and citizens, announced today that it has signed a 7-year contract to process short-term and long-term visas for Germany in North America and Mexico regions.

BLS will be starting operations with two centres in Mexico and eight centres in North America in cities including Boston, Chicago, Houston, Los Angeles, Miami, New York, San Francisco and Washington D.C within six months. The company will be providing visa outsourcing services along with several value-added services like photocopy, translation, courier, insurance for the convenience of applicants.

Commenting on this, Mr. Shikhar Aggarwal, Joint Managing Director, BLS International said, "We are delighted to initiate this new partnership with the Federal Foreign Office, Germany and committed to provide faster and convenient German visa services to the applicants in North America and Mexico regions. This contract strengthens our visa portfolio with yet another addition of Schengen government. I am confident of a seamless rollout and hope to strengthen this relationship with more such opportunities."

These centres will provide additional facilities including Premium Lounge (wherein applicant can opt for personalized service) and Prime Time Submission (wherein applicant can submit their application before & after working hours of the centre). The company will also be launching the Mobile Biometric service wherein applicants can choose to submit applications at their convenient place (home or office) at an additional fee.

Shares of BLS International Services Limited was last trading in BSE at Rs. 196.40 as compared to the previous close of Rs. 194.70. The total number of shares traded during the day was 223585 in over 8243 trades.

The stock hit an intraday high of Rs. 207.00 and intraday low of 190.00. The net turnover during the day was Rs. 44803496.00.

Source : Equity Bulls

Keywords

BLSInternationalServices INE153T01027 7YearContract GermanVisas NorthAmerica Mexico