Firstsource Solutions Limited , part of the RP-Sanjiv Goenka Group, has announced its 25th Annual General Meeting (AGM) scheduled for Thursday, August 6, 2026, at 10:00 a.m. Indian Standard Time (IST). The meeting will be conducted through Video Conferencing/Other Audio Visual Means (VC/OAVM) in compliance with applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report for the financial year ended March 31, 2026, including the AGM notice, is being dispatched electronically to members whose email addresses are registered with their respective Depository Participants.

AGM Key Details

The following table summarises the key procedural details of the 25th AGM:

AGM Agenda

The ordinary and special business to be transacted at the 25th AGM includes:

• Ordinary Business: Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026; confirmation of interim dividend of ₹5.50 per share (55% on equity shares of ₹10 each) already paid for FY 2025-26; and re-appointment of Mr. Pradip Kumar Khaitan (DIN 00004821) as a Non-Executive, Non-Independent Director, who retires by rotation.
• Special Business: Continuation of Mr. Pradip Kumar Khaitan as a Non-Executive, Non-Independent Director beyond the age of 75 years, subject to approval by special resolution under Regulation 17(1A) of SEBI LODR.

FY 2025-26 Financial Performance

FY26 marked a significant milestone for the company, which crossed the US$ 1 billion annual revenue mark for the first time. The following table presents key consolidated financial metrics for FY 2025-26 compared to FY 2024-25:

Operating EBITDA margin improved to 16.3% of income in FY 2025-26 from 15.1% in FY 2024-25. Operating EBIT margin stood at 11.7% compared to 11.0% in the prior year. Profit after tax as a percentage of income was 7.1% in FY 2025-26 versus 7.4% in FY 2024-25.

Segment-Wise Revenue Performance

The company serves clients across four reportable verticals. The segment-wise revenue contribution for FY 2025-26 is presented below:

The CMT vertical was the company's fastest-growing segment, while Diverse Industries recorded the highest constant-currency growth rate of 45% YoY. The Healthcare vertical added 12 new logos during the year, including the company's largest-ever healthcare contract.

Strategic Developments and Acquisitions

During FY 2025-26, the company executed several strategic initiatives:

• Kairos Operating System: Launched Kairos, the company's operating system for AI-native operations, embedding domain intelligence across Transform, Implement, and Operate functions.
• Acquisition of Pastdue Credit Solutions Limited: Firstsource Solutions UK Limited acquired 100% ownership in Pastdue Credit Solutions Limited (UK) for an aggregate consideration of GBP 22 million, completed on December 11, 2025. Of the purchase consideration, ₹912.40 million was allocated to the fair value of identified net assets and ₹1,802.07 million to goodwill.
• Acquisition of TeleMedik: Firstsource Health Plans and Healthcare Services, LLC acquired 100% ownership in Jaye Inc. d/b/a TeleMedik (Puerto Rico-based healthcare and telehealth solutions provider) for a purchase consideration not to exceed US$ 3 million, completed on January 13, 2026. Of the purchase consideration, ₹57.66 million was allocated to net assets and ₹146.02 million to goodwill.
• Global Footprint: Extended operations to 12 countries across 57 centers, with 36,205 employees representing 94 nationalities as of March 31, 2026, up from 34,651 as of March 31, 2025.
• Large Deal Momentum: Closed 17 large deals and added 47 new logos, including 24 strategic logos, during the year. The closing deal pipeline crossed the US$ 1 billion mark.

Dividend and Capital Structure

The Board declared an interim dividend at the rate of 55% (₹5.50 per share of ₹10 each) on February 3, 2026, paid on March 2, 2026. The interim dividend for FY 2025-26 aggregated to ₹3,833.45 million. There was no change in equity share capital during the year; the paid-up share capital as of March 31, 2026 stands at ₹6,969.91 million. The company's credit ratings during the year included CARE A+; Stable/CARE A1+ and CRISIL A+/Positive for long-term facilities.

Board and Governance

As of March 31, 2026, the Board comprised 11 Directors, including six Independent Directors and two Women Directors. Notable changes during the year included the sad demise of Mr. Sunil Mitra (DIN 00113473) on January 12, 2026, and the appointment of Mr. Paras Kumar Chowdhary (DIN 00076807) as an Additional Director (Non-Executive, Independent) with effect from March 5, 2026, for a term of three consecutive years. The statutory auditors, M/s. Deloitte Haskins & Sells LLP, issued an unmodified opinion on both the standalone and consolidated financial statements for FY 2025-26.

Firstsource Solutions reported an inadvertent trading violation by its designated person, Mr. Dinesh Jain, who serves as the President and Chief Financial Officer. The violation involved trading in the company's securities during the closure of the trading window and the execution of contra trades on June 29, 2026. The company stated that the deviation is not material in relation to its total paid-up equity share capital.

The disclosure was made in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prohibition of Insider Trading. The company informed the National Stock Exchange of India Limited and BSE Limited about the incident and the subsequent actions taken against the executive.

Details of Violation

Mr. Dinesh Jain executed two transactions on the NSE on June 29, 2026. He sold 7,211 shares at an order price of ₹242 and subsequently bought 7,211 shares at an order price of ₹238.68. These trades constituted a violation of the company's internal code due to the trading window closure and the nature of the contra trades.

Action Taken

In response to the violation, the company has taken several disciplinary measures against the designated person. A cautionary notice was issued to Mr. Jain, and he is prohibited from entering into any transaction to sell or buy any number of shares of the company for the next six months following the prior transaction. Additionally, the matter will be placed before the upcoming Audit Committee Meeting for perusal.

The company noted that the action was taken considering the quantum of shares involved and the fact that this was the first instance of unintentional non-compliance on the part of the designated person. It also acknowledged the executive's proactive approach in immediately informing the Compliance Officer about the non-compliance.