Firstsource Expands North American Footprint with New Canadian Subsidiary

Firstsource Solutions Ltd, a global business process management (BPM) leader and part of the RP-Sanjiv Goenka Group, has announced the incorporation of Firstsource Solutions Canada Inc on October 27, 2025. The new entity is fully owned by Firstsource Group USA Inc, and marks a strategic step in expanding Firstsource’s operational footprint across North America.

The subsidiary was established with an initial share capital of one common share valued at USD 1.00, and is expected to support Firstsource’s delivery capabilities in healthcare, banking, and communications verticals. The company emphasized that the incorporation aligns with its long-term vision of global scalability and client proximity, especially in high-demand markets like Canada.

Following the announcement, Firstsource witnessed increased trading volumes, reflecting investor confidence in its international growth strategy.

Key Highlights:

• New Entity: Firstsource Solutions Canada Inc
• Ownership: Wholly owned by Firstsource Group USA Inc
• Incorporation Date: October 27, 2025
• Strategic Focus: North American expansion, client proximity, and delivery scale
• Capital Structure: Initial share capital of USD 1.00
• Market Reaction: Surge in trading volumes post-announcement

This move reinforces Firstsource’s commitment to global service excellence and operational agility.

Sources:ScanX News, Firstsource Investor Relations, MarketScreener