Dalal Street Investments

FirstSource to consider ADR/GDR Issue

October 17, 2007

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.


Got something to say?