Firstsource Solutions Limited issued a clarification regarding the appointment of Mr. Paras Kumar Chowdhary as an Additional Director. The company confirmed that the effective date of appointment was mistakenly recorded as March 1, 2026 in a prior announcement. The correct effective date is March 5, 2026. All other details concerning Mr. Chowdhary’s appointment remain unchanged, ensuring accuracy in regulatory filings.
Correction to Previous Announcement
Firstsource Solutions Limited has issued a formal clarification concerning its board announcement made on March 5, 2026, related to the induction of a new director. This letter addresses a typographical error identified in the original disclosure.
The announcement detailed the appointment of Mr. Paras Kumar Chowdhary (DIN: 00076807) as an Additional Director. The company states that the effective date for this appointment was inadvertently mentioned as March 1, 2026. The correct and final effective date of appointment for Mr. Chowdhary is confirmed to be March 5, 2026. All other details pertaining to the appointment remain the same as previously communicated.
Profile of Newly Appointed Director (Annexure A Summary)
The board has welcomed Mr. Paras Kumar Chowdhary, a seasoned professional aged 74 years, onto the board. He holds a science degree and brings over 45 years of extensive experience across strategy, finance, sales, and marketing sectors.
Key Career Highlights:
- Served in senior management roles at major conglomerates.
- Held positions including Managing Director in CEAT Limited.
- Served as President & Whole-time Director of Apollo Tyres Limited.
- Currently serves as a Director on the Boards of CEAT Limited, RPG Enterprises Limited, and Einzigartig Electoral Trust.
Compliance Status:
It is noted that Mr. Paras Kumar Chowdhary is not related to any existing Directors of the Company. Furthermore, he is confirmed to be not debarred from holding the office of director by virtue of any existing regulatory orders.
Source: BSE
