FirstSource to consider ADR/GDR Issue

FirstSource Solutions, India’s leading BPO has informed us that the board of directos will meet on the 23rd to discuss the proposal for $300 Million ADR / GDR issue of the company.

The financial results for the quarter ended 30 September 2007 shall now be considered by a committee of board of directors at its meeting to be held on 29 October 2007.

FirstSource is the leading bidder for Citigroups CAPTIVE BPO operations in India.