Home First Finance Company India Limited — Others, 11-02-2025: Shareholders meeting

Home First Finance Company India Limited has announced a board meeting to address a Postal Ballot Notice seeking shareholder approval for raising funds through the issuance of equity shares with an upper limit of ₹1,250 Crore via Qualified Institutional Placement. The e-voting will commence on February 12, 2025, and close on March 13, 2025. The capital raise aims to enhance the company's capital adequacy ratio while supporting growth opportunities. This is expected to bolster investor sentiment, potentially reducing borrowing costs and improving financial health for future expansions.