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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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