Firstsource Solutions Ltd. — Capital/Financing Update 2025

Mar 12, 2025

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12[th] March 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 Ill of the Listing Regulations, we hereby inform you that Firstsource Group USA Inc., Subsidiary of the Company, has incorporated a new Wholly Owned Subsidiary in Colombia by the name of Firstsource Solutions Limited Colombia S.A.S.

The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, are enclosed herewith as Annexure – I.

We request you to take the above on record.

Thanking you,

For Firstsource Solutions Limited

POOJA Digitally signed by POOJA SURESH SURESH NAMBIAR NAMBIAR

Pooja Nambiar Company Secretary Encl.: A/a

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Annexure I

Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Name of the target entity, details in brief such as size, turnover etc.;	Name: FIRSTSOURCE SOLUTIONS LIMITED COLOMBIA S.A.S. Authorised Capital: 4,500,000 shares Turnover: Nil (Yet to Commence Business Operations).
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’slength”	The Step-down Subsidiary will be a related party of the Company and other subsidiaries.
Industry to which the entity being acquired belongs	Information Technology (BPO).
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 Colombia.
Brief details of any governmental or regulatory approvals required for the acquisition;	Not Applicable.
Indicative time period for completion of the acquisition;	Not Applicable.
Nature of consideration -whether cash consideration or share swap and details ofthe same;	100% Subscription to the share Capital.
Cost of acquisition or the price at whichthe shares are acquired;	The contribution to initial share capital will be made atfacevalue.
Percentage of shareholding / control acquired and / or number of shares acquired;	100 %
Brief background about the entity acquired in terms of products/line of business acquired, 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 Company and therefore history of last 3 years turnover is not available. Date of Incorporation is 7thMarch, 2025.

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