Government Pension Fund Global Boosts Stake in Home First Finance Company India

1 min read     Updated on 01 Dec 2025, 03:06 PM
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Reviewed by
Radhika SScanX News Team
Overview

The Government Pension Fund Global, managed by Norges Bank Investment Management, has increased its stake in Home First Finance Company India Ltd from 4.9935% to 5.0245%. The fund acquired 32,067 shares through an open market purchase on November 28, 2025, resulting in a 0.0309% increase in ownership. This move pushes the fund's stake just above the 5% mark, requiring disclosure as per SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

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

Aspect Details
Acquirer Government Pension Fund Global
Target Company Home First Finance Company India Ltd
Transaction Type Open market purchase
Shares Acquired 32,067
Date of Acquisition November 28, 2025
Previous Holding 4.9935%
New Holding 5.0245%
Increase in Stake 0.0309%

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.

Historical Stock Returns for Home First Finance Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%-1.93%-9.28%-13.51%+2.49%+105.65%
Home First Finance Company
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Home First Finance Company India Limited Announces Departure of Senior Management Personnel

1 min read     Updated on 15 Nov 2025, 10:12 AM
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Reviewed by
Shriram SScanX News Team
Overview

Ms. Vilasini Subramanian, Head of Strategic Alliances at Home First Finance Company India Limited (HFFCIL), has resigned from her position effective November 14, 2025. The resignation, attributed to personal reasons, was initially discussed in a board meeting on November 4, 2025. HFFCIL has officially informed the stock exchanges of this management change in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Home First Finance Company India Limited (HFFCIL) has officially announced the departure of Ms. Vilasini Subramanian, a key member of its senior management team. The company disclosed this information in a regulatory filing to the stock exchanges on November 14, 2025.

Management Change Details

Ms. Subramanian, who held the position of Head-Strategic Alliances and was designated as Senior Management Personnel, has vacated her office effective November 14, 2025. The departure comes following her resignation, which was attributed to personal reasons.

Timeline of Events

To provide a clear picture of the sequence of events, here's a breakdown of the key dates:

Date Event
November 4, 2025 HFFCIL's Board Meeting where Ms. Subramanian's resignation was initially discussed
November 14, 2025 Ms. Subramanian's last day in office

Impact on Company Structure

The departure of Ms. Subramanian affects the company's senior management structure, as she was responsible for strategic alliances within the organization. This change may have implications for HFFCIL's strategic partnerships and collaborations going forward.

Regulatory Compliance

HFFCIL has adhered to regulatory requirements by promptly informing the stock exchanges about this management change. The company's disclosure aligns with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, which mandates the timely reporting of such material events.

Company's Statement

In its regulatory filing, HFFCIL stated, "Ms. Vilasini Subramaniam has vacated her office as Head – Strategic Alliances of the Company on the close of business hours today, i.e., November 14, 2025."

The announcement was officially communicated by Mr. Shreyans Bachhawat, Company Secretary, Compliance Officer and Head – Legal of Home First Finance Company India Limited.

Investors and stakeholders of HFFCIL will likely be watching closely to see how the company addresses this change in its senior management team and any potential impact on its strategic direction.

Historical Stock Returns for Home First Finance Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%-1.93%-9.28%-13.51%+2.49%+105.65%
Home First Finance Company
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