Pursuant to the compliance with Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (LORD) Regulations, 2015 (including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force), We would like to inform you that the BLS International FZE, Wholly owned subsidiary of the Company has subscribed 100% share capital of BLS Consular Services Limited, a company incorporated under the law of the Republic of Ireland. Consequent to such subscription, it will become a Wholly Owned Step Down Subsidiary of the Company ('SDS-WOS')