Home First Finance Company India Limited's promoter True North Fund V LLP has submitted a declaration under Regulation 31(4) of the SEBI Takeover Regulations to the National Stock Exchange. The disclosure, dated April 6, 2026, and filed with the exchange on June 16, 2026, addresses the encumbrance status of the promoter group's shareholding in the housing finance company.
True North Fund V LLP confirmed that it and persons acting in concert have not placed any encumbrance, directly or indirectly, on shares held in Home First Finance Company India Limited. Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 requires promoters of listed companies to disclose any encumbrance created on their shareholding to the stock exchanges.
The filing is linked to Home First Finance Company India Limited's application for additional refinance assistance from the National Housing Bank. NHB regulations require prior approval if the promoter group's aggregate shareholding in a housing finance company declines below 5% of the paid-up equity share capital. Home First Finance Company India Limited is a registered housing finance company supervised by the National Housing Bank.
True North Fund V LLP is a promoter entity of Home First Finance Company India Limited. The limited liability partnership has its corporate office in Mumbai and is registered under LLPIN AAI-0542. The entity, along with other promoters and persons acting in concert, holds shares in the housing finance company subject to the SEBI takeover regulations.
The no-encumbrance declaration provides the exchange and regulators with an updated position on the promoter group's share pledge status. Such disclosures form part of ongoing compliance requirements for listed entities under the SEBI takeover code.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.