Mumbai, Oct. 13 -- In a clarification to the exchanges, the company said the MEA directive will not affect its ongoing operations or financials. All existing contracts with Indian Missions across the globe remain valid and continue to operate as scheduled, BLS said.

The company added that Indian Missions accounted for about 12% of its consolidated revenue and 8% of EBITDA in Q1 FY26, suggesting limited financial impact.

BLS termed the ministry's order as a procedural development within the visa outsourcing industry, and said it is working toward resolving the matter.

Over recent years, the firm has diversified its business portfolio across new geographies and verticals, securing contracts in the United States, UAE, Spain, Poland, Portu...