Home First Finance Company India Limited has submitted a regulatory disclosure to BSE Limited and The National Stock Exchange of India Limited regarding the appointment of a new director.

Appointment Details

  • Director Appointed: Mr. Vineet Taneja (DIN: 07567421)
  • Position: Additional Non-Executive Independent Director
  • Term: First term of five consecutive years
  • Effective Date: October 24, 2026
  • Retirement Status: Not liable to retire by rotation
  • Approval Process: Approved by the Board via Circular Resolution based on the recommendation of the Nomination and Remuneration Committee
  • Condition: Subject to approval of Shareholders

Director Qualifications and Background

The company confirms that:

  • Mr. Vineet Taneja is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority
  • He is not disqualified from holding the office of director pursuant to provisions of Section 164 of the Companies Act, 2013
  • He is not related to any other Director of the Company

Professional Profile of Mr. Vineet Taneja

Mr. Taneja is a business leader with over 35 years of experience across multiple industries:

  • Industries: FMCG, telecom, consumer durables and appliances
  • Geographic Experience: India, Asia Pacific, Middle East, and Russia
  • Career History:
  • Unilever (17 years): Began as management trainee in 1988, rose to Vice President of Sales and Marketing for Foods and Beverages
  • Bharti Airtel: Held leadership roles
  • Nokia India: Led smartphone business and served as Chief Marketing Officer
  • Dyson (2017-2021): Regional President for Australasia, India, Southeast Asia and Middle East, growing business to over $1 billion with operating margins above 20%
  • Key Expertise: Product innovation, supply chain efficiency, brand building, go-to-market strategy, digital transformation, talent development
  • Education:
  • Mechanical Engineering degree from IIT Roorkee
  • Postgraduate qualification in Business Management from IIM Kolkata