Home First Finance: Promoter True North Plans Block Deal to Sell Stake; Key Details Revealed

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Home First Finance: Promoter to Sell Stake in Block Deal, True North to Exit

Home First Finance: Promoter to Sell Stake in Block Deal, True North to Exit

C

CNBC Awaaz•25-02-2026, 23:53

Home First Finance: Promoter to Sell Stake in Block Deal, True North to Exit

•Home First Finance may see a block deal on Thursday with promoter True North selling a stake.
•True North is preparing to sell approximately 7.1 million shares (6.8% stake) in Home First Finance.
•The offer price range is ₹1246.8 to ₹1185 per share, a 0-5% discount to Wednesday's closing price.
•The deal size is estimated at ₹8.4 billion (₹840 crore) or $93 million.
•Prabhudas Lilladher recently issued a 'buy' recommendation for Home First Finance with a target of ₹1375.

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