Home First Finance Company India Limited’s Board of Directors convened on October 27, 2026, to review and approve the financial results for the quarter and half-year ended September 30, 2026. The Board also approved the appointment of Ms. Rinkoo Somani as the new Chief Financial Officer (CFO). The meeting outcomes indicate stable corporate governance and operational continuity.
Home First Finance Board Meeting Outcomes
Home First Finance Company India Limited announced key decisions from its Board of Directors meeting held on Tuesday, October 27, 2026. The Board primarily considered and approved the reviewed financial results for the quarter and half-year ended September 30, 2026. These results were accompanied by a limited review report from the joint statutory auditors, M/s. BSR & Co. LLP, and M/s. Batliboi & Purohit, confirming an unmodified opinion.
Appointment of New CFO
In a significant governance update, the Board, based on recommendations from the Audit Committee and Nomination & Remuneration Committee, approved the appointment of Ms. Rinkoo Somani as the Chief Financial Officer (CFO) of the Company. Ms. Somani has been designated as a Key Managerial Personnel (KMP) and Senior Management Personnel (SMP).
Other Key Approvals
Further, the Board approved the Postal Ballot Notice for seeking shareholder approval for the appointment of Mr. Vineet Taneja as a Non-Executive Independent Director. The meeting also addressed compliance-related matters, including the submission of a Security Cover Certificate as per SEBI regulations and a statement on the utilization of issue proceeds from non-convertible debentures, confirming no deviation.
Financial Highlights from Reviewed Results
The reviewed financial results presented show a Profit after tax of ₹1,701.92 million for the quarter ended September 30, 2026, compared to ₹1,318.47 million in the same period of the previous year. For the half-year ended September 30, 2026, the profit after tax stood at ₹3,300.43 million. The company’s total assets were reported at ₹1,71,848.19 million as of September 30, 2026.
Security Cover and Compliance
The company also provided a declaration regarding the security cover for its listed Non-Convertible Debentures, stating that they are secured by a first pari-passu charge, ensuring adequate coverage as per regulatory norms. Furthermore, a statement on the utilization of issue proceeds confirmed adherence to the objects stated in the offer documents, with no deviations reported.
Source: BSE
