Home First Finance Company India Limited — Board Meeting, 01-05-2025: Outcome of Board Meeting

Home First Finance has announced a board meeting on May 1, 2025, approving audited financial results for the quarter and year ended March 31, 2025. Profit after tax rose to Rs. 382 Cr from Rs. 306 Cr last year, with revenues reaching Rs. 1,530 Cr. The board proposed a dividend of Rs. 3.70 per share (185% of face value), pending approval. It also approved raising up to Rs. 700 Cr through non-convertible debentures via private placement. Key updates include reappointing joint internal auditors, appointing a new secretarial auditor, and the resignation of non-executive nominee director Maninder Singh Juneja.