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Firstsource Solutions Ltd. — Capital/Financing Update 2025
Jul 25, 2025
61977_rns_2025-07-25_c7b3736a-f6b5-4b1c-9a06-43c82f5e710f.pdf
Capital/Financing Update
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25[th] July 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 & Disclosure - Requirements) Regulations, 2015 Incorporation of a Wholly Owned Subsidiary Company.
Pursuant to Regulation 30 of the Listing Regulations read with Part A of Schedule Ill of the Listing Regulations, we hereby inform you that the Company, has incorporated a new Wholly Owned Subsidiary in Dubai, UAE by the name of FIRSTSOURCE MIDDLE EAST SERVICES L.L.C. The said wholly owned subsidiary company was incorporated on 25[th] July, 2025.
The details as required in terms of the Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025 issued by the Securities and Exchange Board of India (the “SEBI Circular”) read with Industry Standards Note on Regulation 30 of the LODR Regulations, are enclosed herewith as Annexure A.
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
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Annexure A
Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
| Sr. No |
Particulars | Details |
|---|---|---|
| 1 | Name of the target entity, details in brief such as size, turnover etc.; |
Name: FIRSTSOURCE MIDDLE EAST SERVICES L.L.C. Authorised Capital : 300 shares of AED 1000 per share Turnover : Nil (Yet to Commence Business Operations) |
| 2 | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; |
The Wholly Owned Subsidiary will be a related party of the Company and other subsidiaries. |
| 3 | Industry to which the entity being acquired belongs |
Information Technology (BPO) |
| 4 | Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); |
The object of incorporation of this Wholly Owned Subsidiary is to expand BPO business in Dubai, UAE. |
| 5 | Brief details of any governmental or regulatory approvals required for the acquisition |
Not Applicable |
| 6 | Indicative time period for completion of the acquisition |
Not Applicable |
| 7 | Nature of consideration (cash consideration or share swap and details of the same) |
100% Subscription to the share Capital. |
| 8 | Cost of acquisition or the price at which the shares are acquired |
The contribution to initial share capital will be made at face value. |
| 9 | Percentage of shareholding / control acquired and / or number of shares acquired |
100% |
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10 Brief background about the entity acquired This is a newly incorporated Company and in terms of products/ line of business therefore history of last 3 years turnover is acquired, date of incorporation, history of not available last 3 years turnover, country in which the acquired entity has presence, and any Date of Incorporation is 25[th] July, 2025. other significant information (in brief)
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