Firstsource Solutions Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding violation of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct for Prohibition of Insider Trading.
Details of Violation
The designated person committed two specific violations:
1. Trading in the company's securities during the Trading Window closure period
2. Execution of contra trades
Transaction Details
The violation involved the following transactions executed on 29th June 2026:
- SELL order: 7,211 shares at ₹242 per share on NSE
- BUY order: 7,211 shares at ₹238.68 per share on NSE
Action Taken by Company
The company has taken the following actions:
1. Issued a cautionary notice to the designated person
2. Prohibited the designated person from entering into any transaction (buy or sell) of the company's shares for the next six months following the prior transaction
3. The matter will be placed before the upcoming Audit Committee meeting for perusal
Additional Information
The company states that the reported deviation is not material in relation to the total paid up equity share capital of the company. There were no previous instances of violations since the last financial year, and no amount has been collected for the code of conduct violation.