The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for FMR LLC & FIL Ltd
HOMEFIRST · price
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FMR LLC and FIL Ltd, the global Fidelity fund group, have filed a Regulation 29(2) SAST disclosure for Home First Finance Company India Ltd. They acquired 24,95,409 shares (2.33% of share capital) through open market purchases between 12 August 2025 and 26 February 2026. Their combined holding has risen from 7.17% (74.08 lakh shares) to 9.50% (99.04 lakh shares). The breakdown shows the shares are held across 25+ Fidelity-managed funds, with the largest positions in Fidelity Funds – India Focus (2.21%) and Fidelity Funds – Asia Equity ESG Pool (2.12%). They are classified as a Foreign Portfolio Investor (FPI) and are not part of the promoter group.
A reputed global investor like Fidelity increasing its stake to nearly 10% is a strong vote of confidence in the company's prospects. The 9.50% level sits just below the 10% SAST disclosure threshold, meaning further buying could trigger additional compliance requirements; for retail investors this signals sustained institutional interest but no promoter-related event.