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Home First Finance Company India Ltd. ( (IN:HOMEFIRST) ) has provided an announcement.
Home First Finance Company India Limited has announced the allotment of 2,65,125 equity shares following the exercise of vested Employee Stock Options (ESOPs). This move increases the company’s paid-up share capital and aligns with the SEBI ESOP Regulations, 2021. The newly allotted shares will hold the same rights as existing shares, and the company is finalizing the necessary procedures for their listing. This development reflects the company’s commitment to rewarding its employees and potentially enhances its market position by increasing equity participation.
More about Home First Finance Company India Ltd.
Home First Finance Company India Limited operates in the financial services industry, primarily focusing on providing housing finance solutions. The company is known for its emphasis on affordable housing loans, catering to the needs of first-time homebuyers in India.
Average Trading Volume: 14,181
Technical Sentiment Signal: Buy
Current Market Cap: 117.6B INR
See more insights into HOMEFIRST stock on TipRanks’ Stock Analysis page.