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BLS Shares Plunge Amid Visa Irregularity Allegations

Guavy AI Editorial Team
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BLS International Services saw its shares plummet 12.7% on August 24 after reports linked the company to an investigation into alleged visa fraud in Spain's consulate in Algiers.

The stock fell to a low of Rs 236.80, marking its biggest single-day decline this year so far.

BLS International denies any wrongdoing, stating that it 'categorically' rejects involvement in the alleged irregularities and maintains there is no evidence of wrongdoing by the company or its employees.

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