Home First Finance Company India has approved the allotment of 1,30,464 equity shares following the exercise of Employee Stock Options (ESOP) under its various schemes. This development was confirmed by the Committee of Directors and Review Committee on 4 May 2026.
The allotment of these shares has resulted in an increase in the company’s paid-up share capital from ₹20,86,56,034, comprising 10,43,28,017 equity shares, to ₹20,89,16,962, comprising 10,44,58,481 equity shares, each with a face value of ₹2.
The shares have been issued under three different ESOP schemes: ESOP II, ESOP 2021, and ESOP 2024. Specifically, 63,841 shares were issued under the ESOP II scheme, 66,057 shares under the ESOP 2021 scheme, and 566 shares under the ESOP 2024 scheme. The exercise price for these shares varied, with prices set at ₹117.242, ₹139.296, and ₹334.726 for the ESOP II scheme; ₹692.650, ₹706.200, and ₹851.100 for the ESOP 2021 scheme; and ₹970.300 and ₹987.950 for the ESOP 2024 scheme.
The newly allotted shares are set to rank pari-passu with the existing equity shares of the company. Home First Finance Company is currently in the process of completing the formalities required for listing the newly allotted shares.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).