Fidelity International, through its managed funds, has formally disclosed a substantial acquisition, increasing its total shareholding in HOME FIRST FINANCE COMPANY INDIA LIMITED. The total holding has risen to 9.50% of the voting capital. This transaction, detailed across multiple funds managed by FMR LLC and FIL Limited subsidiaries, occurred between August 2025 and February 2026 via Open Market purchases, signaling continued institutional confidence in the target company.
Regulatory Filing on Stake Change
Fidelity International, acting on behalf of various funds under the management of FMR LLC and FIL Limited subsidiaries, has submitted the mandatory disclosure format regarding a change in its shareholding in HOME FIRST FINANCE CO INDIA LTD (the Target Company, TC).
Shareholding Evolution
Prior to the recent transactions, the total holding across the acquirers and Persons Acting in Concert (PAC) stood at 7,408,306 shares, representing 7.17% of the total share capital.
Details of the acquisition indicate that the acquirers purchased an additional 2,495,409 shares carrying voting rights through the Open Market. This transaction period spanned from 12 August 2025 to 26 February 2026.
Final Post-Acquisition Holding
Following these acquisitions, the cumulative holding by Fidelity-managed entities is now 9,903,715 shares, accounting for 9.50% of the total share/voting capital of the TC. The report confirms that the acquirer does not belong to the Promoter/Promoter group of the Target Company.
Capital Structure Context
The equity share capital of HOME FIRST FINANCE CO INDIA LTD increased slightly during this period:
- Before the acquisition/sale: 103,268,597 shares.
- After the acquisition/sale: 104,246,021 shares.
Schedule Breakdown of Funds
The report includes a schedule detailing the individual contributions to the final stake from various funds:
Total Shares Held by Funds under FMR LLC & FIL Limited: 9,903,715 shares, representing 9.50% of the voting rights. Key contributors include:
- Fidelity Funds – India Focus: 2,306,002 shares (2.21%).
- Fidelity Funds – Asia Equity ESG Pool: 2,212,546 shares (2.12%).
- Fidelity Funds – PACIFIC: 459,955 shares (0.44%).
Source: BSE
