Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Firstsource Solutions Limited
Meeting Details
The 25th Annual General Meeting of the Company was held on Thursday, 6th August 2026 through video conferencing (VC)/other audio video means (OAVM). The meeting was convened at 10:00 AM IST.
Voting Process and Methods
The Company provided facility for:
- Remote e-voting from 9:00 AM on Saturday, 1st August 2026 to 5:00 PM on Wednesday, 5th August 2026
- E-voting during the AGM on 6th August 2026 for members present through VC/OAVM
- Additional 15 minutes of e-voting after conclusion of the AGM for members who hadn't voted through remote e-voting
The voting was conducted using the platform provided by Central Depository Services (India) Limited (CDSL). M/s. TRR & Associates, Practising Company Secretaries, were appointed as the Scrutinizer to scrutinize all votes cast.
Resolutions and Voting Outcomes
All four resolutions contained in the Notice of the AGM were duly passed with requisite majority:
Resolution Item No.1 - Ordinary Resolution
To receive, consider and adopt:
(a) Audited Standalone Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors
(b) Audited Consolidated financial statements for FY ended March 31, 2026 with report of Auditors
Voting Results:
- Total shares outstanding: 69,69,90,826
- Total votes polled: 58,78,37,541 (84.34%)
- Votes in favor: 58,78,26,808 (99.99% of votes polled)
- Votes against: 10,733 (0.01% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group: 37,39,76,673 shares voted (100% of holdings), 100% in favor
- Public - Institutional holders: 20,73,69,048 shares voted (86.86% of holdings), 100% in favor
- Public - Others: 64,91,820 shares voted (7.70% of holdings), 99.99% in favor
Resolution Item No.2 - Ordinary Resolution
To confirm payment of Interim Dividend @ 55% (Rs.5.50 per share) on Equity Shares of Rs.10/- each for FY ended March 31, 2026
Voting Results:
- Total shares outstanding: 69,69,90,826
- Total votes polled: 58,83,94,747 (84.42%)
- Votes in favor: 58,83,93,910 (100.00% of votes polled)
- Votes against: 837 (0.00% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group: 37,39,76,673 shares voted (100% of holdings), 100% in favor
- Public - Institutional holders: 20,79,26,254 shares voted (87.09% of holdings), 100% in favor
- Public - Others: 64,91,820 shares voted (7.70% of holdings), 99.99% in favor
Resolution Item No.3 - Ordinary Resolution
To appoint a director in place of Mr. Pradip Kumar Khaitan (DIN: 00004821), who retires by rotation
Voting Results:
- Total shares outstanding: 69,69,90,826
- Total votes polled: 58,83,92,695 (84.42%)
- Votes in favor: 58,79,16,154 (99.92% of votes polled)
- Votes against: 4,76,541 (0.08% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group: 37,39,76,673 shares voted (100% of holdings), 100% in favor
- Public - Institutional holders: 20,79,26,254 shares voted (87.09% of holdings), 99.77% in favor
- Public - Others: 64,89,768 shares voted (7.70% of holdings), 99.95% in favor
Resolution Item No.4 - Special Resolution
Continuation of office of Mr. Pradip Kumar Khaitan (DIN: 00004821) as Non-Executive, Non-Independent Director
Voting Results:
- Total shares outstanding: 69,69,90,826
- Total votes polled: 58,83,92,995 (84.42%)
- Votes in favor: 58,83,08,217 (99.99% of votes polled)
- Votes against: 84,778 (0.01% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group: 37,39,76,673 shares voted (100% of holdings), 100% in favor
- Public - Institutional holders: 20,79,26,254 shares voted (87.09% of holdings), 99.96% in favor
- Public - Others: 64,90,068 shares voted (7.70% of holdings), 99.96% in favor
Shareholder Participation
- Total number of shareholders on record date: 2,40,674
- Shareholders present in meeting through Video Conferencing: 96 (Promoter group: 1, Public: 95)
- No shareholders attended in person or through proxy
Scrutinizer's Role and Findings
Mr. T. R. Ravichandran (Membership No: F7076, Certificate of Practice No: 11651), Proprietor of M/s. T R R & Associates, was appointed as Scrutinizer. The scrutinizer:
- Verified that the notice and explanatory statement were sent to members via email in compliance with MCA and SEBI circulars
- Confirmed that CDSL was appointed for conducting the electronic voting
- Scrutinized votes based on reports generated by the Registrar and Transfer Agent, 3i Infotech Ltd.
- Prepared the scrutinizer's report dated August 07, 2026
- Noted that all resolutions were passed with requisite majority and that votes cast do not include invalid or abstained votes
Compliance Statement
The voting process was conducted in compliance with:
- Section 108 of the Companies Act 2013
- Rule 20 of Companies (Management and Administration) Rules 2014
- Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
- MCA Circulars dated 8th April 2020, 13th April 2020, 5th May 2020, 13th January 2021, 8th December 2021, 5th May 2022, 28th December 2022, 25th September 2023, 19th September 2024
- SEBI Master Circular dated January 30, 2026
- Secretarial Standard-2 on General Meetings issued by ICSI
Witnesses
Mr. Ramachandran R and Mr. Dhanush Kumar S witnessed the unblocking and downloading of e-voting results from CDSL's platform on August 06, 2026.