Nutan Gaba Patwari steps down as CFO of Home First Finance Company India Limited
Home First Finance Company India Limited (HFFCIL) has announced that Ms. Nutan Gaba Patwari, Chief Financial Officer and a Key Managerial Personnel of the company, is stepping down from her senior roles to pursue the next phase of her professional journey. The resignation will be effective from the close of business hours on August 31, 2026.Ms. Patwari will cease to be the CFO, KMP, and SMP (Senior Management Personnel) of the company upon the aforementioned date.
Following her stepping down from the Chief Financial Officer role, Ms. Patwari has agreed to support Home First in a non-KMP, non-operating, time-bound advisory capacity focused on investor relations and capital markets. This advisory assignment is set to begin effective September 01, 2026.
The company expressed its appreciation for the valuable contributions and services rendered by Ms. Patwari during her tenure.
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Company Context and Tenure Details
Ms. Patwari served Home First through a significant period of institutional evolution for the finance platform. During her long association with the company, HFFCIL transitioned from a private, growth-stage affordable housing finance platform into a listed institution.
Key achievements during her tenure included:
- AUM Growth: The Assets Under Management (AUM) grew from approximately ₹2,000 crs to approximately ₹16,000 crs.
- Market Expansion: The company expanded its operations across a diversified group of 35 or more lenders, including banks and DFIs.
- Rating Achievement: HFFCIL achieved an AA stable rating from credit rating agencies.
Ms. Patwari confirmed her commitment to supporting the transition, working closely with the Board and successor finance leadership to ensure governance clarity and continuity for investors.
HOMEFIRST Stock Price Movement
On Thursday, shares of Home First Finance Company India Limited rallied, settling at ₹1191.70 after gaining 2.45%. The stock registered a total traded volume of 513,637 during the session.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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