In an exchange filing, the company said Patwari has resigned “to pursue the next phase of her learning and professional journey.” She will also cease to be the company’s Key Managerial Personnel (KMP), Senior Management Personnel (SMP) and the authorised officer for Regulation 30 disclosures from September 1.
The housing finance company added that after stepping down as CFO, Patwari will continue to support Home First in a non-KMP, non-operating, time-bound advisory capacity focused on investor relations and capital markets.
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It said all statutory responsibilities, financial reporting, disclosures and management decisions will continue to be handled by the authorised management and key managerial personnel from September 1.
In her resignation letter, Patwari said, “After deep reflection, I have decided to step down from my role as Chief Financial Officer and Key Managerial Personnel… to pursue the next phase of my learning and professional journey.”
Reflecting on her nearly eight-year stint, she said she had witnessed Home First evolve “from a private, growth-stage affordable housing finance platform into a mature listed institution,” with assets under management growing from around ₹2,000 crore to nearly ₹16,000 crore and the workforce expanding to more than 1,800 employees.
Patwari said the company had also raised public market growth capital, diversified its lender base to more than 35 banks and development finance institutions, and achieved an AA (Stable) credit rating during her tenure.
She added that she would work closely with the board, Managing Director Manoj Viswanathan and the incoming finance leadership “to ensure a smooth and orderly transition,” while confirming that her decision was voluntary and that “there are no other material reasons other than those stated above.”
Home First said it places on record its appreciation for Patwari’s contributions and services during her tenure with the company.
Shares of the company ended 2.45% higher at ₹1,192 ahead of the announcement on Thursday. The stock has gained over 8% so far in 2026, while declining nearly 14% over the last one year.
