Firstsource Solutions Limited , a leading global provider of business process management services, continues its employee engagement initiatives with multiple share allotments under its employee stock option schemes. The company has now completed two separate allotments, demonstrating sustained employee participation in stock option programs.

Latest Share Allotment Update

The company has informed stock exchanges about its most recent share allotment completed on December 17, 2025:

This latest allotment follows the company's earlier allotment of 77,660 shares on December 10, 2025, bringing the total recent share allotments to 89,699 shares within a week.

Previous Share Allotment Activity

The December 17 allotment follows the company's recent allotment of 77,660 equity shares completed on December 10, 2025:

Both allotments were made pursuant to the exercise of stock options granted under the company's ESOP schemes, demonstrating active and sustained participation by employees.

Stock Option Grant Framework

These share allotments follow the company's approval of 677,000 stock options for its employees, reflecting the company's commitment to employee ownership:

Strong Financial Performance Supporting ESOP Programs

The continued employee stock option activities align with Firstsource's robust financial performance:

The company has been actively improving its workforce metrics, with total employee strength reaching 35,997 and a net addition of 1,502 employees. The attrition rate declined to 28.00%, showing a 12 percentage point improvement over eight quarters.

Regulatory Compliance and Strategic Impact

Both share allotments were conducted in compliance with SEBI regulations under Regulation 30, with proper notifications sent to NSE and BSE. The frequent exercise of stock options demonstrates employee confidence in the company's growth prospects and the effectiveness of Firstsource's talent retention strategy in the competitive business process management sector.

Firstsource Solutions Limited has successfully completed its acquisition of Pastdue Credit Solutions, marking a significant milestone in the company's UK expansion strategy. The transaction was finalized on December 11, 2025, after receiving all necessary regulatory approvals.

Acquisition Completion Details

Firstsource Solutions UK Limited, a wholly-owned subsidiary of Firstsource Solutions, has acquired 100% ownership of Pastdue Credit Solutions for an aggregate consideration of GBP 22 million. The deal structure includes both upfront payment and earnouts, representing a cash consideration transaction.

Regulatory Approvals Secured

The completion follows the receipt of all requisite regulatory approvals, including clearances from the Financial Conduct Authority (FCA) and under the National Securities and Investment Act 2021 (NSI Act). The Share Purchase Agreement was originally signed on July 18, 2025, with the transaction subject to these regulatory conditions.

Strategic Market Expansion

This acquisition strengthens Firstsource's position in the UK debt collection services market, particularly in utilities, telecommunications, and public sector segments. The move comes at a strategic time, with the UK collections market opportunity estimated at over GBP 1.90 billion, driven by rising consumer debt and growing private agency involvement in public sector collections.

Dr. Sanjiv Goenka, Chairman of RPSG Group and Firstsource, emphasized the company's commitment: "This move underscores our long-standing commitment to UK employment. We continue to believe that investing in local talent and infrastructure is integral to building a long-term sustainable business."

About Pastdue Credit Solutions

Founded in 2005 and incorporated on July 21, 2005, Pastdue Credit Solutions is an FCA-registered UK-based collections agency. The company specializes in white-label, early arrears, and debt collections recovery services, serving major banks, utility providers, telecommunications companies, and government bodies.

Future Outlook

The completed acquisition enables Firstsource to leverage its digital-first, AI-driven capabilities alongside Pastdue Credit Solutions' local expertise and established client relationships. Phil Grant, Chairman of Pastdue Credit Solutions, expressed optimism about the partnership: "This partnership has the potential to enable a new and exciting chapter for our people, our valued clients, and our future."

The transaction represents Firstsource's continued focus on expanding its Business Process Services (BPS) capabilities in key international markets, particularly in the growing debt collection sector where regulatory compliance and technological innovation are increasingly important.