Firstsource Solutions Subsidiary Acquires Full Ownership of Telemedik for Up to $3 Million

Firstsource Solutions has announced a significant acquisition through its subsidiary, which has purchased full ownership of Telemedik for a maximum consideration of $3 million. This strategic move represents the company's continued expansion in the healthcare technology sector.

Acquisition Details

The transaction involves the complete acquisition of ownership in Telemedik by Firstsource Solutions' subsidiary. The deal structure provides for a maximum payment of $3 million for the full ownership stake.

Parameter:	Details
Acquisition Value:	Up to $3 million
Ownership Acquired:	100%
Target Company:	Telemedik
Acquiring Entity:	Firstsource Solutions subsidiary

Strategic Implications

This acquisition aligns with Firstsource Solutions' strategy to expand its presence in the healthcare technology market. The purchase of Telemedik's full ownership provides the company with enhanced capabilities in the telehealth and medical technology space.

The transaction demonstrates Firstsource Solutions' commitment to growing its healthcare services portfolio through strategic acquisitions. By acquiring complete control of Telemedik, the company positions itself to leverage synergies and expand its service offerings in the healthcare sector.

Market Position

The acquisition of Telemedik strengthens Firstsource Solutions' position in the healthcare technology market. The deal provides the company with additional resources and capabilities to serve clients in the rapidly evolving telehealth industry.

This strategic move reflects the company's focus on expanding its healthcare services capabilities and building a stronger presence in specialized technology segments within the healthcare sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.40%	-4.35%	-5.47%	-9.03%	-11.02%	+225.14%

Firstsource Solutions Limited has announced the demise of its Independent Director Mr. Sunil Mitra, who passed away on January 12, 2026. The company has filed the mandatory disclosure with stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Board Changes and Regulatory Compliance

The company submitted the intimation to both National Stock Exchange of India Limited and BSE Limited on January 12, 2026. The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI LODR regulations, following the requirements outlined in SEBI Master circular dated November 11, 2024.

Parameter	Details
Director Name	Mr. Sunil Mitra
DIN	00113473
Position	Independent Director
Date of Demise	January 12, 2026
Reason for Change	Demise

Company's Tribute

In its official communication, Firstsource Solutions acknowledged Mr. Mitra's significant contributions during his tenure as an Independent Director. The company stated that it had immensely benefited from his thorough knowledge and rich experience as a Board member.

The management described Mr. Mitra's unexpected demise as an irreparable loss to the company. All Directors and employees have expressed their deep sympathy, sorrow, and condolences to his family during this difficult time.

Regulatory Documentation

The intimation was signed by Company Secretary Pooja Nambiar and included Annexure-A with detailed particulars as required under SEBI regulations. The company has requested stock exchanges to take the information on record and has complied with all mandatory disclosure requirements.

Firstsource Solutions Limited operates from its registered office at Athena Towers, Mindspace Malad, Goregaon (West), Mumbai, with Corporate Identity Number L64202MH2001PLC134147.