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.

Firstsource Solutions has scheduled a virtual one-on-one meeting with Carnelian Asset Management & Advisors on June 30, 2026, to discuss industry and company-specific developments. The company confirmed that no unpublished price-sensitive information will be shared during the session. The meeting is part of the company's routine engagement with analysts and institutional investors.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Firstsource Solutions stated that the schedule is subject to change due to exigencies.

Meeting Schedule

The company reiterated that the discussions will be limited to information already available in the public domain.