BLS International Services Ltd

Pursuant to the compliance with Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 (including any statutory modification(s) amendment(s) or re-enactment(s) thereof for the time being in force) We are pleased to inform you that BLS International FZE a subsidiary of the Company has completed the subscription of 99.99% of the share capital of BLS Worldwide Services Inc. a company incorporated under the laws of the Republic of the Philippines. As a result of this subscription BLS Worldwide Services Inc. is now a Step-Down Subsidiary of the Company (SDS).