Firstsource Solutions Limited has informed the Exchange regarding a press release dated September 21, 2025, titled "This is to inform that Firstsource Confirms No Impact from Proposed H-1B Visa Fee.A copy of the Press Release on the said matter is attached along with this letter.We request you to take the same on record.".
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Firstsource Solutions has issued a press release dated September 21, 2025, confirming that the proposed H-1B visa fee will have no impact on the company. The company has proactively communicated this to the exchange to address any investor concerns arising from the recent US policy proposal on H-1B visa fees. This is a clarification statement and does not involve any change in business operations or financial outlook. The company appears to be insulating itself from the potential impact of stricter US visa norms on Indian IT services firms.
Reassuring for investors concerned about US visa policy risks; signals that Firstsource may have lower H-1B dependence compared to peers, which could support the stock in the short term.