BLS International , the New Delhi-based provider of visa and consular outsourcing services, said the Ministry of External Affairs (MEA) has barred it from participating in future tenders for two years. The company disclosed that it received the notice from the foreign ministry on October 10.
Shikhar Aggarwal, JMD, BLS International, said the action was linked to “a procedural issue” and some “consumer complaints.” He clarified that BLS continues to honour all its existing contracts. “In the first quarter, around 12% of our revenue and 9% of our EBITDA came from the business we do with the MEA,” he said, adding that “none of this business is going to be impacted.”
The company said all current contracts with the ministry, which have terms ranging from two to five years, remain valid. “T