Announced Fri, 29 May · 18:54 IST

Home First Finance Company India Limited has informed the Exchange regarding Notice of the 17th Annual General Meeting scheduled to be held on Jun 24, 2026

Board & Shareholder Meetings View source PDF

HOMEFIRST · price

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AI summary

Home First Finance Company India Limited has announced its 17th AGM to be held on June 24, 2026 via video conferencing. The company seeks shareholder approval for adopting FY26 financial statements, declaring a final dividend of ₹ 5.20 per equity share (record date May 29, 2026), and appointing M/s. Batliboi & Purohit as new Joint Statutory Auditors at ₹ 40 lakhs per annum for 3 years. Two independent directors (Ms. Geeta Dutta Goel and Mr. Anuj Srivastava) are being reappointed for second 5-year terms from November 2026. The board is also seeking approval to increase borrowing powers to ₹ 20,000 crore and create charges on assets to secure such borrowings. Mr. Divya Sehgal, Nominee Director, is not seeking re-appointment and the resulting board vacancy will not be filled.

Likely market impact

Shareholders should note the dividend payout (payable by July 23, 2026 if approved), new auditor appointment reflecting potential audit governance changes, and the significant increase in borrowing authority which gives the company expanded financial flexibility for growth or operations.