The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Orange Clove Investments B.V.
HOMEFIRST · price
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Orange Clove Investments B.V., a foreign investor based in Amsterdam (Netherlands), has completely exited its position in Home First Finance Company India Ltd. On August 11, 2025, it sold 10,980,033 equity shares, representing 10.64% of the company's paid-up share capital (10.19% of diluted share/voting capital), through block deals on the NSE. Before the sale, the entity held exactly these 10,980,033 shares (10.64%); after the sale, its holding is reduced to Nil. The disclosure clarifies that the seller is not part of the company's promoter or promoter group, and the transaction is purely secondary in nature with no impact on the company's paid-up capital. The total equity share capital remains unchanged at 20,64,86,830 equity shares of Rs. 2 each.
This is a complete exit by a sizeable foreign investor, which could create short-term selling pressure and weigh on the stock. However, since it was executed via block deals, the shares were likely absorbed by other institutional or strategic buyers, so the long-term price impact will depend on who picked up the stake.