Corporate governance
CRISIL (A Standard & Poor’s Company) upgraded the company’s Long-Term Rating from CRISIL A/Positive to CRISIL A+/Stable and reaffirmed Short Term Rating of CRISIL A1
Instrument Category
Earlier Rating
Rating After Upgrade
Long Term
CRISIL A / Positive
CRISIL A+ / Stable
Short Term
CRISIL A1
CRISIL A1 (Reaffirmed)
CARE has reaffirmed the company rating CARE A1+ (Long-term Bank Facilities) and CARE A1+ (Short-term Bank Facilities).
Facilities/Instrument
Earlier Rating
Rating After Upgrade
Long Term Bank Facilities
CARE A1+
CARE A1+ (Reaffirmed)
Short Term Bank Facilities
CARE A+; Stable / CARE A1+
CARE A+; Stable / CARE A1+ (Reaffirmed)
Quarter integrated corporate governance compliance reports
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COMMON QUESTIONS
What buyers ask
When and where was Firstsource incorporated?
Firstsource was incorporated under the laws of India on December 6, 2001 as ICICI Infotech Upstream Limited. The company’s name was changed to ICICI OneSource Limited on April 2, 2002 and then to Firstsource Solutions Limited on November 21, 2006.
When did Firstsource go public and at what price?
Firstsource went public on February 22, 2007 at a price of Rs. 64 per share.
What are Firstsource’s service offerings?
Company provides full range of business process management services across chosen industry segments within Banking and Financial Services (BFS), Healthcare (HC), Communications, Media and Technology (CMT), and some bit of diversified industries with services spanning the customer lifecycle delivered through transaction processing, Customer Relationship Management (CRM), collections and receivables management across these industries.
What is the address of registered office of Firstsource?
5th Floor Paradigm ‘B’ wing, Mindspace, Link Road, Malad (West), Mumbai – 400 064 Tel.: +91 (22) 6666 0888 Fax: +91 (22) 6666 0887
When does Firstsource’s financial year end?
Company financial year ends on 31 March.
Why haven’t I received my annual report?
There can be a few reasons why you may not have received your annual mailing: You were not a shareholder as of the record date. You have moved within the last year and have not had the chance to update your mailing address with your depository. Please make sure your depository has your most current mailing address. You have opted to receive information electronically and hence an electronic copy has been emailed to your registered email address Nevertheless, we would be more than happy to send you a packet including the Annual Report and Proxy Statement. Please send your request to complianceofficer@firstsource.com
Who can I contact for grievances and complaints?
Please contact us at complianceofficer@firstsource.com
In which stock exchanges are Firstsource shares listed and what are the codes?
Firstsource equity shares are listed on BSE and NSE in India. The respective codes are as below: Exchange Codes (NSE & BSE) – FSL Reuters Code – FISO.BO Bloomberg Code – FSOL@IN
In which indices is the Firstsource share included?
The Firstsource shares are included on BSE 500 (on BSE) and S&P CNX 500 (on NSE).
How can I get the current Firstsource stock price?
Company’s stock price can be found on NSE and BSE respectively. Please refer to the following links: On NSE: click here On BSE: click here
How can I purchase Firstsource stock?
Firstsource Solutions Ltd Stock is traded on NSE and BSE, under the trading symbol FSL. To purchase Firstsource stock, please consult a stockbroker.
Is the company traded under derivative (Futures and Options) segment?
No
How can I change my correspondence address for annual report to shareholders and other company communications?
As a shareholder, you would have opted to receive shareholder communication including annual report in either electronic format (via email) or in physical format (by post). You will have to accordingly change your email address or postal address, as applicable. If you hold company’s shares in electronic form (Demat form), please contact your Depository Participant (DP) / broker for change of address. If you hold company’s shares in physical form, please write to company’s Registrar and Transfer Agent along with your DP and Client ID at: 3i Infotech Ltd Tower#5, 3rd to 6th Floor, International Infotech Park, Vashi – 400703, Navi Mumbai Tel: +91-22-67928000 Fax: +91-22-67928098
What are Firstsource current debt / credit ratings?
CRISIL (A Standard & Poors Company) has given the company ’s Long – Term Rating as A+/Stable and reaffirmed Short Term Rating of CRISIL A1 . CARE has rated the company CARE A+; Stable / CARE A1+ (Long – term Bank Facilities) and CARE A1+ (Short – term Bank Facilities). For more information, please see “Credit Rating” section of the corporate overview.
Who are Firstsource’s financial auditors?
DELOITTE HASKINS & SELLS LLP
Which accounting principles does Firstsource use?
The Consolidated Financial Statements are prepared according to the Ind AS (Indian Accounting Standards)
Does Firstsource pay a dividend on its stock? At what rate and when is it paid?
Given below is the Dividend History of the Company till the 20th Annual General Meeting of the Company held on July 29, 2021:
Who is Firstsource’s Registrar and transfer agent?
3i Infotech Ltd Tower#5, 3rd to 6th Floor, International Infotech Park, Vashi – 400703, Navi Mumbai Tel: +91-22-67928000 Fax: +91-22-67928098
Where does the Annual General Meeting (AGM) take place?
Due to ongoing situation of COVID-19 pandemic, the Company held its 20th Annual General Meeting (‘AGM’) for FY 2020-21 via Video Conferencing/ Other Audio Visual Means as per various circulars issued by the Ministry of Corporate of Affairs and Securities and Exchange Board of India from time to time. Further, the details of AGM are also given the Corporate Governance section of the Annual Report for the relevant financial year along with details of past AGMs held.
Who is the company secretary and compliance officer?
Ms. Pooja Nambiar Firstsource Solutions Limited 5th Floor, Paradigm B Mindspace, Link Road, Malad – West, Mumbai 400 064 India Email: pooja.nambiar@firstsource.com Tel: +91 (22) 6666 0888 Fax: +91 (22) 6666 0887