ALPHA TRIBE

Home First Finance Company India LimitedOthers, 25-07-2025: Statement of deviation(s) or variation(s) under Reg. 32

25-07-2025 | 05:32 pm

Home First Finance Company India Limited has confirmed no deviation in the utilization of funds raised through its Qualified Institutions Placement (QIP). The company raised Rs. 1,250 Crores and has fully utilized these proceeds to augment its capital base, as originally stated in the Placement Document. This report, reviewed by the Audit Committee, confirms that all QIP funds were used precisely for their intended purpose, providing clarity on the deployment of capital and ensuring proper use of investor funds.

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