HOMRE Limited (formerly Triton Corp Limited) has announced its Board of Directors' approval for establishing a biomass pellet manufacturing plant, marking the company's strategic expansion into the renewable energy sector. The decision was taken during the board meeting held on 4th April 2026, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details and Specifications

The biomass pellet manufacturing facility will be strategically located in Morena, Madhya Pradesh, with a production capacity of 5 Tons Per Hour (TPH). This project represents a significant expansion of the company's business operations into the clean and renewable energy sector, specifically targeting growth in the biomass fuel segment.

Timeline and Financing Structure

The company expects to commence operations by mid-Financial Year 2026-27, subject to receipt of necessary statutory approvals. The project will be financed through a mixed approach combining internal accruals and debt financing, providing flexibility in capital deployment.

Strategic Implications

This initiative aligns with the growing focus on renewable energy and sustainable fuel alternatives in India. The biomass pellet manufacturing plant will enable HOMRE Limited to diversify its operations and establish a foothold in the expanding clean energy market. The project is contingent upon obtaining all necessary statutory approvals and regulatory clearances.

The company has confirmed that this expansion does not involve any related party transactions, ensuring transparency in the business development process. The board's approval demonstrates HOMRE Limited's commitment to exploring opportunities in the renewable energy sector while maintaining prudent financial management through its mixed financing approach.

HOMRE Limited (formerly known as Triton Corp Limited ) announced the appointment of three additional directors following a board meeting held on March 30, 2026. The appointments are subject to approval from the company's shareholders and represent a significant expansion of the board's composition.

Board Appointments Overview

The board approved three key appointments during the March 30, 2026 meeting:

Director Profiles and Experience

Mr. Abhishek Bhagwat Bharad brings experience as a professional with involvement in multiple farmer producer companies and business operations. His appointment as Non-Executive Non-Independent Director adds operational expertise to the board.

Mr. Sandeep Dewan joins as Executive Director, contributing professional experience with international exposure and corporate management services background. His executive role indicates active involvement in company operations.

Ms. Supriya Mahesh Kadam has been appointed as Independent Director with a professional service background and corporate exposure. Her independent director position will provide objective oversight to board decisions.

Terms and Compliance

The Independent Director, Ms. Supriya Mahesh Kadam, will hold office for a period of one year with her term commencing from March 30, 2026. During this tenure, she will not be liable to retire by rotation, providing stability to the independent oversight function.

All three directors have submitted the required compliance documentation, including consent in Form DIR-2 and declarations in Form DIR-8, confirming they are not disqualified from serving as directors under the Companies Act, 2013.

Regulatory Compliance

The company has confirmed that none of the appointed directors are debarred from holding director positions pursuant to any SEBI order or similar regulatory authority directives. Additionally, the directors have disclosed no relationships between themselves, ensuring independence in board deliberations.

The appointments align with regulatory requirements under Regulation 30 of SEBI (LODR) Regulations, 2015, with detailed disclosures provided as per SEBI Master Circular dated November 11, 2024. The company has formally notified BSE Limited of these appointments through official communication signed by Director Bharat Singh Bishnoi, maintaining transparency with stakeholders and regulatory compliance.