Firstsource Solutions Limited has informed the Exchange regarding Appointment of Mr Paras Kumar Chowdhary as Non- Executive Independent Director of the company w.e.f. March 05, 2026.
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Firstsource Solutions has clarified that the effective date of appointment of Mr. Paras Kumar Chowdhary as an Additional Director is March 5, 2026, correcting a typographical error in the earlier announcement that had mentioned March 1, 2026. Mr. Chowdhary, aged 74, is a science graduate with over 45 years of experience in strategy, finance, sales and marketing. He has held senior roles such as Managing Director of CEAT Limited and President & Whole-time Director of Apollo Tyres Limited. He is not related to any existing director and is not debarred from holding a directorship by SEBI or any other authority.
This is only a date correction and does not change the substance of the appointment. A veteran industry professional joining the board could strengthen governance, but it is unlikely to move the stock on its own.