Home First Finance Company India Limited promoter Aether (Mauritius) Limited has submitted a disclosure to the National Stock Exchange under Regulation 31(4) of the SEBI Takeover Regulations. The promoter confirmed that it has not created any direct or indirect encumbrance on the shares held in the company as of the date of the declaration.
The declaration, dated April 7, 2026, covers Aether Mauritius and all persons acting in concert with it. No pledges, liens, or other encumbrances have been placed on the promoter-held shares in Home First Finance Company India Limited.
In a related development, Aether Mauritius has provided a Non-Disposal Undertaking to the National Housing Bank in connection with additional refinance assistance being sought by Home First Finance Company India Limited. The NDU requires the promoter to maintain a minimum of 2 percent of the total paid-up share capital of the company at all times without dilution. Any dilution below this threshold requires prior approval from NHB.
This undertaking is consistent with the consent requirements detailed in the prospectus filed by the company at the time of its listing on the stock exchanges. Regulation 31(4) of the SEBI Takeover Regulations requires promoters of listed entities to periodically declare whether they have created any encumbrance on their shareholding.
The disclosure was submitted to the exchange on June 10, 2026. Jean Thierry Fabrice Arlapen, Director of Aether (Mauritius) Limited, signed the declaration on behalf of the promoter entity.
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.