DSK, CAM, NDA on True North’s $100 million investment in Home First Finance

True North has acquired a controllingĀ stake in Home First Finance Company Private Limited (HFFC), a housing finance company engaged in providing affordable housing loans to low and middle income groupsĀ for about $100 million (Rs. 667 crore).

The transaction is a combination of a fresh issue and a secondary sale. Out of the $100 million, True North will invest about half in the company and the rest will be paid to existing shareholders, reported Facebook Comment