StockWatch
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Housing Finance Company
Board Meeting18 Aug 2026, 06:50 pm

Home First Finance to Consider ₹150 Cr NCD Issue on Aug 21

AI Summary

Home First Finance Company India Ltd has announced a Committee of Directors and Review Committee meeting scheduled for Friday, August 21, 2026. The primary agenda is to consider and approve the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹150 Crore. These NCDs will be issued on a private placement basis, in one or more tranches, and will be senior, secured, rated, listed, taxable, redeemable, and transferable. The move aligns with the company's earlier board approval to raise funds through NCDs, in compliance with SEBI Listing Regulations and the Companies Act, 2013.

Key Highlights

  • Company to consider issuing NCDs worth up to ₹150 Crore.
  • Issuance will be on a private placement basis.
  • Meeting scheduled for August 21, 2026.
  • NCDs to be senior, secured, rated, listed, and redeemable.