The Board has approved the reappointment of Independent Directors of the Company subject to approval of shareholders at the ensuing AGM
HOMEFIRST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Home First Finance Company India Ltd reported strong FY2026 results with total income of Rs. 19,227.22 million (up 25% YoY) and profit after tax of Rs. 5,403.83 million (up 41% YoY). The Board recommended a dividend of Rs. 5.20 per share (260% of face value), a 40% increase from Rs. 3.70 last year. Two independent directors, Ms. Geeta Dutta Goel and Mr. Anuj Srivastava, were approved for reappointment for a second term of 5 years each, effective November 1, 2026, subject to shareholder approval. New joint statutory auditors, M/s. Batliboi & Purohit, were appointed alongside existing auditor B S R & Co. LLP due to RBI guidelines on asset size exceeding Rs. 15,000 crores. Mr. Divya Sehgal, Non-Executive Nominee Director, has chosen not to seek reappointment at the AGM. The company also approved issuance of Non-Convertible Debentures (NCDs) up to Rs. 1,000 crores via private placement.
The company delivered robust financial growth with PAT up 41%, reflecting strong business performance. The increased dividend and shareholder approvals for independent director reappointments signal continuity in governance and are positive for investor confidence.