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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)