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Firstsource Solutions Ltd. — Capital/Financing Update 2025
Oct 29, 2025
61977_rns_2025-10-29_23c9dbf2-69d0-45d7-ba06-e87e38669c4c.pdf
Capital/Financing Update
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29[th] October 2025
To: National Stock Exchange of India BSE Limited (Scrip Code: 532809) Limited (Scrip Code: FSL) Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Plot no. C/1, G Block, Mumbai - 400 001 Bandra-Kurla Complex Bandra (East), Mumbai - 400 051
Dear Madam/ Sir,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure – Requirements) Regulations, 2015 Incorporation of a Step Down Subsidiary Company.
Pursuant to Regulation 30 of the Listing Regulations read with Part A of Schedule III of the Listing Regulations, we hereby inform you that Firstsource Group USA Inc., Wholly Owned Subsidiary of the Company, has incorporated a new Subsidiary in Canada by the name of Firstsource Solutions Canada Inc.
We are enclosing herewith the brief details of the aforesaid changes as prescribed under SEBI Listing Regulations read with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 as amended till date, are enclosed as Annexure I.
We request you to take the above on record.
Thanking you,
For Firstsource Solutions Limited
POOJA Digitally signed SURESH by POOJA SURESH NAMBIAR NAMBIAR Pooja Nambiar Company Secretary Encl.: A/a
Firstsource Solutions Ltd
1[st] Floor, Athena Towers, Mindspace Malad, Goregaon (W), Mumbai – 400 063 India Tel: +91 (22) 6666 0888 | Fax: +91 (22) 6666 08887 | Web: www.firstsource.com
(CIN: L64202MH2001PLC134147)
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| Annexure I | Annexure I |
|---|---|
| Name of the target entity, details in brief such as size, turnover etc.; |
Name: FIRSTSOURCE SOLUTIONS CANADA INC. Share Capital: 1 common share of USD 1.00 each Turnover: Nil (Yet to Commence Business Operations). |
| Whether the acquisition/ incorporation would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired/ incorporated? If yes, nature of interest and details thereof and whether the same is done at“arm’slength” |
The Step-down Subsidiary will be a related party of the Company and other subsidiaries. |
| Industry to which the entity being acquired/incorporated belongs |
Information Technology and BPO services. |
| Objects and effects of acquisition/ incorporation (including but not limited to, disclosure of reasons for acquisition/ incorporation of target entity, if its business is outside the main line of business of the listed entity); |
The object of incorporation of the referred Step-down Subsidiary is to expand business in Canada. |
| Brief details of any governmental or regulatory approvals required for the acquisition/incorporation; |
Not Applicable. |
| Indicative time period for completion of the acquisition/incorporation; |
Not Applicable. |
| Nature of consideration -whether cash consideration or share swap and details ofthe same; |
100% Subscription to the Share Capital. |
| Cost of acquisition/ incorporation or the price at which the shares are acquired/incorporated; |
The contribution to initial Share Capital will be made at face value. |
| Percentage of shareholding/control acquired/ incorporated and / or number of shares acquired/ incorporated; |
100 % |
| Brief background about the entity acquired in terms of products/line of business acquired/incorporated, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any othersignificantinformation(inbrief); |
This is a newly incorporated referred Step-down Subsidiary and therefore history of last 3 years turnover is not available. Date of Incorporation is 27thOctober, 2025. |
Firstsource Solutions Ltd
1[st] Floor, Athena Towers, Mindspace Malad, Goregaon (W), Mumbai – 400 063 India Tel: +91 (22) 6666 0888 | Fax: +91 (22) 6666 08887 | Web: www.firstsource.com
(CIN: L64202MH2001PLC134147)