Promoters offload 5.3% stake in Home First Finance; Motilal Oswal Financial picks up 1.6% shares in Zelio E Mobility

Bulk deals on February 26

• Promoters offload 5.3% stake in Home First Finance
• Motilal Oswal Financial picks up 1.6% shares in Zelio E Mobility
• Larsen & Toubro acquires additional 1.1 percent stake in Capital Infra Trust

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Promoters Aether Mauritius, and True North Fund on February 26 have offloaded 5.33 percent equity stake in Home First Finance Company, while Motilal Oswal Financial Services picked up 1.65 percent shares in Zelio E Mobility via open market transactions.

Perhaps, Home First Finance Company India shares may be reacted to the big stake sale by promoters, falling 5.67 percent to Rs 1,177 amid high volumes after gap-down opening, while Zelio E Mobility was locked in 10 percent upper circuit at Rs 307.7, closing above the previous February swing high.

Aether (Mauritius), a part of GIC Ventures, sold 27.38 lakh shares (equivalent to 2.63 percent of paid-up equity) in the Mumbai-based affordable housing finance company for Rs 325.8 crore, while private equity firm True North Fund V offloaded 28.08 lakh shares (2.7 percent stake) for Rs 334.22 crore. The price at which both promoters pared stake was Rs 1,190 per share.

Aether (Mauritius), and True North Fund held 4.9 percent, and 7.45 percent stake, respectively, in Home First as of December 2025.

However, Societe Generale, the bank based in France, has acquired 8.4 lakh shares (0.8 percent) in Home Finance at Rs 1,190 per share, valued at Rs 100 crore, while Pictet Group's Pictet - Indian Equities bought 17.97 lakh shares (1.72 percent stake) at Rs 1,189.88 per share, amounting to Rs 213.84 crore.

Meanwhile, Motilal Oswal Financial Services has acquired 3.5 lakh shares (1.65 percent stake) in Zelio E Mobility, the electric scooter maker, at Rs 280 per share, for Rs 9.8 crore.

The action was also seen in Capital Infra Trust, the infrastructure investment trust sponsored by Gawar Construction, which declined 1.06 percent to end at all-time closing low of Rs 69.32.

Larsen & Toubro, which held 4.7 percent stake in the InvIT, has acquired additional 56 lakh units (1.1 percent stake) in Capital Infra Trust at Rs 69.5 per unit for Rs 38.92 crore, however, TEPARF-ST - Tata Equity Plus Absolute Returns Fund sold 69.66 lakh units (1.4 percent stake) at same price, valued at Rs 48.4 crore.

S Gupta Holding has picked up 2.43 lakh shares (0.55 percent stake) in Apollo Pipes, the PVC pipes and fittings manufacturer, at Rs 341.32 per share for Rs 8.29 crore. The stock rose 2.03 percent to Rs 347.2, extending upward journey for another session.

Think Investments PCC sold 11.2 lakh shares (1.37 percent stake) in Arisinfra Solutions, a B2B technology platform that acts as a intermediary between construction material supplies, and developers, at Rs 115.76 per share for Rs 13 crore, however, Mahevarsh Fincon bought 4.96 lakh shares (0.6 percent stake) at Rs 115.48 per share, valued at Rs 5.7 crore.

Arisinfra Solutions shares rallied 4 percent to close at Rs 114.81 after losing 6 percent from day's high of Rs 122.30.

The brisk action was also seen in KSR Footwear, which climbed 2.47 percent to Rs 28.67. Alpa Wealth Creator has picked up 7.65 lakh shares (4.1 percent) at Rs 26.72 per share, amounting to Rs 2.04 crore, however, Bharadhwajan Jaganathan Velamur sold 8.1 lakh shares (4.4 percent stake) at Rs 26.7 per share for Rs 2.17 crore.