Firstsource Solutions Limited — Others, 21-11-2024: ESOP/ESOS/ESPS

Firstsource Solutions has announced a board meeting regarding the allotment of 1,40,570 equity shares under its Employee Stock Option Scheme - 2003 (ESOS 2003) and the Employee Stock Option Plan 2019 (ESOP 2019 Plan). This allotment comes following the exercise of stock options under the ESOP 2019 Plan, approved by the Trustees of the Firstsource Employee Benefit Trust.

The issuance of shares may positively influence employee morale and retention, aligning employee interests with those of shareholders. This update suggests a proactive approach to incentivizing talent, which could attract investor interest, reflecting a positive outlook for the company as it enhances its compensation framework.