FIRSTSOURCE SOLUTIONS LTD. - 532809 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Kindly note that during the quarter ended 31st December 2021, 3i Infotech Limited our Registrar and Transfer Agent didn't receive any request for the shares to be dematerialized or rematerialized. You are requested to take note of above under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018. FIRSTSOURCE SOLUTIONS LTD. - 532809 - Closure of Trading Window
In reference to the clarification regarding trading restriction period issued by National Stock Exchange of India Limited vide its Letter Ref No: NSE/CML/2019/11 dated 2nd April 2019 and BSE Limited vide its Letter Ref. No: LIST/COMP/01/2019-20 dated 2nd April 2019 and in view of Prohibition of Insider Trading, Regulations 2015, the 'Trading Window' for Trading in the securities of the Company will remain closed from Saturday, 1st January 2022 till conclusion of the 48 hours post the Board Meeting for the purpose of declaration of audited financial results for the quarter ended 31st December 2021, the date of which shall be intimated in due course. You are requested to take the above on record.
Firstsource Solutions acquires American Recovery Services
The acquisition enhances Firstsource's leadership in consumer debt management services FIRSTSOURCE SOLUTIONS LTD. - 532809 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find attached herewith the press release titled 'Firstsource Solutions Acquires American Recovery Services, Inc.' which will be disseminated shortly. The Press release is self-explanatory. We request you to take the above on record. FIRSTSOURCE SOLUTIONS LTD. - 532809 - Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform that Firstsource Business Process Services, LLC, a step-down material subsidiary of the Company, has executed a stock purchase agreement dated 29th December 2021 to acquire 100% stake in American Recovery Service Incorporated ('ARSI'), a leading US legal collection service provider. The details required under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 is enclosed as Annexure I. You are kindly requested to take the above on record. FIRSTSOURCE SOLUTIONS LTD. - 532809 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
We refer to our letter dated 10th November 2021 wherein we have mentioned interalia that the Stock Purchase Agreement was signed on 9th November 2021 to acquire 100% stake in The StoneHill Group, Inc. ('TSG'), a leading US mortgage services provider and the said transaction will be completed, subject to regulatory approvals. Accordingly, pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform that Sourcepoint, Inc., a step-down subsidiary of the Company, has completed the said acquisition with TSG on 24th December 2021. You are kindly requested to take the above on record. Thanking you FIRSTSOURCE SOLUTIONS LTD. - 532809 - Intimation Of Grant Of Stock Options Under 'Firstsource Solutions Limited Employee Stock Option Plan 2019''
Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Nomination and Remuneration Committee of Board of Directors of the Company via circular resolution on 20th December 2021 has approved grant of 1,246,250 stock options (each option exercisable into one equity share) to the eligible employees of the Company and its subsidiaries under Firstsource Solutions Limited Employee Stock Option Plan 2019 in terms of Securities and Exchange Board of India (Share Based and Employee Benefits and Sweat Equity) Regulations 2021. We request you to take the above on record. FIRSTSOURCE SOLUTIONS LTD. - 532809 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform that 1,18,438 shares have been allotted as per Firstsource Solutions Employee Stock Option Scheme - 2003 (ESOS 2003) and Firstsource Solutions Limited Employee Stock Option Plan 2019 (ESOP 2019 Plan) on 15th December 2021, pursuant to the exercise of the Stock Options granted under the Company's ESOS 2003 and ESOP 2019 Plan. We request you to kindly take the same on your record. Firstsource Solutions Ltd - 532809 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform that 124,765 shares have been allotted as per Firstsource Solutions Employee Stock Option Scheme - 2003 (ESOS 2003) and Firstsource Solutions Limited Employee Stock Option Plan 2019 (ESOP 2019 Plan) on 01st December 2021, pursuant to the exercise of the Stock Options granted under the Company's ESOS 2003 and ESOP 2019 Plan. We request you to kindly take the same on your record.
Hold Firstsource Solutions; target of Rs 180: ICICI Direct
ICICI Direct recommended hold rating on Firstsource Solutions with a target price of Rs 180 in its research report dated November 25, 2021.