The Board of BLS International Services Limited (NSEI:BLS) at its meeting held on 05 August 2024 has approved the proposal for raising funds for an amount of up to INR 20.00 billion by way of fund raising options including but not limited to by issuance of securities by way of one or more public and/or private offerings, Qualified Institutions Placement or Right Issue basis or any combination thereof as may be deemed appropriate depending on market conditions subject to approval of shareholders and statutory authorities, if any, as per requirements of applicable laws.