Home First Finance Company Announces Key Changes in Audit Appointment and Board Composition
Home First Finance Company India Ltd has finalized significant governance transitions following its Annual General Meeting, including the appointment of new joint statutory auditors, the re-appointment of a Non-Executive Independent Director, and the cessation of two directors.Statutory Auditor Appointed
The company approved the appointment of M/s. Batliboi & Purohit, Chartered Accountants (Firm Registration number: 101048W), as its Joint Statutory Auditors. This appointment is set for a period of three consecutive years, running from the conclusion of the 17th Annual General Meeting until the conclusion of the 20th AGM in 2029.
M/s. Batliboi & Purohit is described as a well-reputed Chartered Accountants firm established in 1907. The firm has been operating for over 118+ years in India and renders Assurance, Tax & Regulatory, and Advisory services to clients. They possess extensive experience in the statutory audits of Banks, NBFCs, Insurance Companies, and Manufacturing Companies, and hold a valid Peer Review Certificate issued by the Institute of Chartered Accountants of India.
Key Director Transitions Reported
The meeting saw several changes regarding the company’s directorate:
- Divya Sehgal Ceases Office: Mr. Divya Sehgal (DIN: 01775308), a Non-Executive Nominee Director who was liable to retire by rotation, ceased to hold office as a Nominee Director at the conclusion of the Annual General Meeting held on June 24, 2026, having not offered himself for re-appointment.
- Geeta Dutta Goel Re-appointed: Ms. Geeta Dutta Goel (DIN: 02277155) was approved for re-appointment as a Non-Executive Independent Director for a second term of five consecutive years, effective from November 01, 2026. She is not related to any other Director of the Company.
- Anuj Srivastava’s Term Ends: Mr. Anuj Srivastava (DIN: 09369327), Non-Executive Independent Director, will cease to be a Non-Executive Independent Director upon completing his first five-year term on October 31, 2026, as the re-appointment for a second term was not approved by the Shareholders.
The corporate governance changes are summarized below:
| Particular | Director / Entity | Status Change | Term/Date Details |
|---|---|---|---|
| Director Cessation | Mr. Divya Sehgal (DIN: 01775308) | Non-Executive Nominee Director ceases office | Effective at the conclusion of the AGM on June 24, 2026. |
| Auditor Appointment | M/s. Batliboi & Purohit | Joint Statutory Auditors appointed | For three consecutive years, commencing until the 20th AGM in 2029. |
| Director Re-appointment | Ms. Geeta Dutta Goel (DIN: 02277155) | Non-Executive Independent Director re-appointed | Five consecutive years, effective from November 01, 2026. |
| Director Cessation | Mr. Anuj Srivastava (DIN: 09369327) | Non-Executive Independent Director ceases office | Upon completion of the first five-year term on October 31, 2026. |
HOMEFIRST Stock Price Movement
As of 11:42 AM, shares of Home First Finance Company India Limited are slipping by 1.29% in live trading, currently at ₹1148.5 amid continued selling pressure. The equity has seen declining action today, with a total traded volume reported at 68,163 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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