FIL Technology (Dalian) Limited has filed a regulatory disclosure with BSE Limited regarding its substantial acquisition of shares in home first finance company under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, dated 02 March 2026, was submitted by Alina Yu, Regulatory Reporting Manager at FIL Technology's Dalian office.

Acquisition Details

The regulatory filing reveals that FIL Technology acquired 2,495,409 shares of Home First Finance Company India Limited, representing 2.33% of the company's voting capital. These shares were acquired through open market transactions conducted over a period spanning from 12 August 2025 to 26 February 2026.

Fund Structure and Holdings

The disclosure indicates that the shares are held by various funds under the management of FMR LLC and its direct and indirect subsidiaries, along with FIL Limited and its subsidiaries. The filing includes a comprehensive schedule detailing 26 different funds and their respective shareholdings in Home First Finance Company.

Major Fund Holdings

Among the funds listed, Fidelity Funds - India Focus holds the largest position with 2,306,002 shares, representing 2.21% of the total shareholding. Other significant holdings include:

• Fidelity Funds - Asia Equity ESG Pool: 2,212,546 shares (2.12%)
• Fidelity Funds - Asian Smaller Companies: 808,647 shares (0.78%)
• Fidelity Funds - Asia Equity II ESG Pool: 850,295 shares (0.82%)
• Fidelity Global Investment Fund - Asia Pacific Equity: 534,425 shares (0.51%)

Regulatory Compliance

The filing confirms that FIL Technology does not belong to the promoter or promoter group of Home First Finance Company India Limited. The disclosure was made in compliance with Regulation 29(2) of SEBI regulations, which requires substantial acquisition disclosures when shareholding crosses certain thresholds.

Home First Finance Company India Limited shares are listed on both the National Stock Exchange of India Limited and BSE Limited. The regulatory filing ensures transparency in substantial shareholding changes and maintains compliance with Indian securities regulations.

Corporate Structure

FIL Technology (Dalian) Limited operates from Unit 601, 6th Floor, No. 12 Building, No. 21 Software Park Road East, Dalian 116023, People's Republic of China. The company serves as the regulatory reporting entity for the Fidelity group's investments in Indian securities markets, ensuring proper disclosure and compliance with local regulations.

True North Fund V LLP, a promoter entity of Home First Finance Company India Limited, has executed a significant stake reduction through open market transactions, as disclosed in a regulatory filing under SEBI takeover regulations.

Transaction Details

The promoter disposed of 28,08,585 equity shares on February 26, 2026, through open market sales. This transaction represents 2.71% of the company's total share capital and 2.62% of the diluted share capital.

Shareholding Changes

The stake sale resulted in a substantial reduction in True North Fund V LLP's ownership position in the housing finance company.

Company Capital Structure

Home First Finance Company's equity share capital remains unchanged at Rs. 20,78,46,424, comprising 1,03,92,3212 equity shares with a face value of Rs. 2 each. The diluted share capital, accounting for outstanding convertible securities and warrants, stands at Rs. 21,50,74,876, comprising 1,07,53,7438 equity shares.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates reporting when shareholding changes cross specified thresholds. The filing was signed by Rahul Vijay Mehta on behalf of True North Fund V LLP on February 28, 2026.

The transaction calculations are based on the shareholding pattern filed by the company for the quarter ended December 31, 2025, with subsequent ESOP allotments factored into the disclosure requirements.