Firstsource to issue FCCBs

Firstsource Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 23, 2007, has approved the proposal for issue of securities through Foreign Currency Convertible Bonds (FCCBs) upto USD 275 Million or equivalent amount in any other currency in Indian or International Market, subject to approval of the shareholders and other regulatory approvals, if any required.