Firstsource Solutions Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 30, 2025
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Firstsource Solutions submitted the consolidated Scrutinizer's Report for its 24th Annual General Meeting (AGM) held on July 30, 2025 via video conferencing. All four resolutions put to vote were passed with the requisite majority. The resolutions included: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, (2) confirmation of an interim dividend of Rs. 4.00 per share (40% on face value of Rs. 10) already paid for FY25, (3) re-appointment of Mr. Shashwat Goenka as director (retiring by rotation), and (4) appointment of M/s. Makarand M. Joshi & Co. as Secretarial Auditor. Out of 2,57,368 shareholders on record date, voting participation was around 83% of outstanding shares. The re-appointment of Mr. Goenka saw 1.04% of votes against (about 60.4 lakh shares, mostly from institutional holders), while all other resolutions received near-unanimous approval.
The AGM results are largely procedural and confirm shareholder approval for routine items including the FY25 accounts, the Rs. 4 per share dividend already paid, director re-appointment, and a new secretarial auditor. No new strategic information is disclosed; the only modest dissent was on the director re-appointment from a slice of institutional investors. Minimal share price impact expected.