Home First Finance Company India Limited announced the allotment of 28,601 equity shares under its Employee Stock Option Plan (ESOP) schemes on December 18, 2025. The allotment was approved by the Committee of Directors and Review Committee in compliance with SEBI regulations.

Share Capital Enhancement

The ESOP allotment has resulted in an increase in the company's paid-up share capital structure:

ESOP Scheme Distribution

The allotted shares were distributed across three distinct ESOP schemes with different exercise prices:

Regulatory Compliance

The allotment was conducted pursuant to Regulation 10(c) of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has confirmed that:

• The allotted shares will rank pari-passu with existing equity shares
• Formalities for listing the allotted shares are in process
• All shares are identical in all respects to existing equity shares
• No lock-in period applies to these shares

Share Details

The newly allotted equity shares carry the ISIN number INE481N01025 and distinctive numbers ranging from 10,38,94,612 to 10,39,23,212. The shares are listed on BSE Limited and National Stock Exchange of India Limited, with the company maintaining its registered office at 511, Acme Plaza, Andheri Kurla Road, Mumbai.

The premium per share varied across the schemes, ranging from ₹115.24 to ₹968.30, reflecting the different exercise prices under each ESOP scheme. This allotment represents the company's ongoing commitment to employee participation in its equity growth.

The Government Pension Fund Global, managed by Norges Bank Investment Management, has increased its stake in Home First Finance Company India Ltd , a prominent player in the Indian housing finance sector.

Key Details of the Transaction

Impact on Shareholding

The strategic move by the Norwegian sovereign wealth fund has pushed its ownership in Home First Finance Company India Ltd just above the 5% mark. This acquisition represents a marginal but significant increase in the fund's position in the Indian housing finance market.

Regulatory Compliance

As per the Securities and Exchange Board of India (SEBI) regulations, any acquisition that results in an aggregate shareholding of 5% or more in a listed company must be disclosed. The Government Pension Fund Global has duly complied with this requirement by reporting the transaction.

Market Implications

The increase in stake, although relatively small, could be seen as a vote of confidence in Home First Finance Company India Ltd and potentially in the broader Indian housing finance sector. The move by such a prominent global investor might attract attention from other international institutional investors.

About Home First Finance Company India Ltd

Home First Finance Company India Ltd is a technology-driven housing finance company providing home loans to customers from low and middle-income groups. The company has been focusing on leveraging technology to improve customer experience and operational efficiency in the competitive Indian housing finance market.

This development underscores the ongoing interest of global institutional investors in India's financial services sector, particularly in companies operating in the housing finance space. As the Indian economy continues to grow and urbanization accelerates, the housing finance sector is expected to play a crucial role in meeting the increasing demand for affordable housing.