Kotak Mahindra Mutual Fund Acquires Stake in Home First Finance Company India Ltd.

Kotak Mahindra Mutual Fund Acquires Stake in Home First Finance Company India Ltd.

Kotak Mahindra Mutual Fund Acquires Stake in Home First Finance Company India Ltd.​

Kotak Mahindra Mutual Fund (KMMF) has acquired equity shares in Home First Finance Company India Ltd., exceeding a 5.00% stake in the company, according to a filing. The acquisition was made through KMMF schemes via open market transactions.

Prior to the acquisition, KMMF and its persons acting in concert held 5,145,460 shares, representing 4.9359% of the total share and voting capital, and 4.9359% of the total diluted share and voting capital.

The acquisition included 200,003 shares, representing 0.1919% of the total share and voting capital, and 0.1919% of the total diluted share and voting capital.

Following the acquisition, KMMF and its persons acting in concert now hold 5,345,463 shares, representing 5.1277% of the total share and voting capital, and 5.1277% of the total diluted share and voting capital.

As of March 18, 2026, the equity share capital of Home First Finance Company India Ltd. stood at 10,39,23,212 equity shares of Rs. 2 each.

Acquisition Details Summary:
The following table summarizes the acquisition details:

DetailBefore AcquisitionAfter Acquisition
Shares carrying voting rights5,145,460 (4.9359%)5,345,463 (5.1277%)
Total share/voting capital4.9359%5.1277%
Total diluted share/voting capital4.9359%5.1277%
Equity share capital10,39,23,212 equity shares of Rs. 210,39,23,212 equity shares of Rs. 2

Source:​

 

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Editorial Note

This news article was written and created by Karthik, and published on IST.
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