Firstsource Solutions Ltd. — Regulatory Filings 2021

May 17, 2021

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17th May 2021

To:

National Stock Exchange of India Limited (Scrip Code: FSL) Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex Bandra (East), Mumbai - 400 051

BSE Limited (Scrip Code: 532809) Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

Dear Madam/ Sir,

Sub: Disclosure of Related Party Transactions pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations. 2015 ("Listing Regulations)

Pursuant to Regulation 23(9) of Listing Regulations, please find enclosed disclosure of related party transactions on a consolidated basis and balances for the half year ended 31[st] March 2021

You are requested to kindly take the above on record.

Thanking you,

Yours faithfully,

For Firstsource Solutions Limited

POOJA SURESH Digitally signed by POOJA SURESH NAMBIAR NAMBIAR Date: 2021.05.17 10:06:25 +05'30' Pooja Nambiar Company Secretary & Compliance Officer Encl.: A/a

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Consolidated disclosure of related party transactions and balances for the half year ended 31[st] March 2021.

Firstsource Solutions Limited principal related parties consist of its holding company, RPSG Ventures Limited (formerly known as CESC Ventures Limited), its own subsidiaries, affiliates and key managerial personnel. Firstsource Solutions Limited related parties’ transactions and outstanding balances are with related parties with whom the Company routinely enters into transactions in the ordinary course of business.

Transactions and balances with its own subsidiaries are eliminated on consolidation.

Transactions with related parties are as follows:

(Amount in INR Millions)

Name of the relatedparty	Nature ofrelationship	Description	Transactionvalueduring thesix monthsended	Transactionvalueduring theyear ended	Receivable/ (Payable)as at
			31-Mar-21	31-Mar-21	31-Mar-21
Nanobi Data andAnalytics Private Limited	Associate	Redemption ofdebentures	4	6	2
Nanobi Data andAnalytics Private Limited	Associate	Interest Income	0.33	0.75	-
Nanobi Data andAnalytics Private Limited	Associate	Receipt ofservices	4.45	5.80	-
RPSG Ventures Limited	HoldingCompany	Dividend paid	1,121.93	1,121.93	-
RPSG Resources PrivateLimited (earlier known asAccurate CommodealPrivate Limited)	FellowSubsidiaryCompany	Receipt ofservices	140	200	-
Non-executive directors	Non-executivedirectors	Sitting fees	2.85	5.45	-
Key ManagementPersonnel and relatives	KeyManagementPersonneland relatives	Remuneration*	106.10	202.24	-
Key ManagementPersonnel and relatives	KeyManagementPersonneland relatives	Dividend Paid	0.37	0.37	-

*Excludes ESOP, gratuity and compensated absences .

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