BLS International Faces Govt Ban: Shares Plunge 18% – Analysts See 100% Upside?
Key facts: – India’s Ministry of External Affairs (MEA) on Oct 9, 2025 barred BLS International from bidding on any new visa/passport outsourcing contracts with Indian embassies and missions for the next two yearsreuters.comeconomictimes.indiatimes.com. The MEA order cited unspecified court cases and applicant complaints as the reasonreuters.comeconomictimes.indiatimes.com. Government Ban and Stock Reaction On Oct 9 the MEA quietly issued a directive barring BLS International Services Ltd. from participating in any new tenders issued by the Ministry of External Affairs or India Missions abroadreuters.comeconomictimes.indiatimes.com. The order cited undisclosed court cases and complaints against BLS’s service (such as visa/passport processing delays), but
