Homre Ltd accepts resignation of company secretary effective September 11

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Homre Limited accepted the resignation of Ms. Pratibha Sharma as Company Secretary
  • The resignation is effective September 11, 2026, citing personal reasons
  • The Board approved the change in compliance with SEBI Listing Regulations
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Homre Limited has accepted the resignation of Ms. Pratibha Sharma as Company Secretary and Compliance Officer, effective September 11, 2026.

The Board of Directors approved the move during its meeting held on September 11, 2026. The decision was taken pursuant to Section 203 of the Companies Act, 2013 and Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Ms. Sharma cited personal reasons for her departure from the role. The company disclosed this change in compliance with Regulation 30 of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoDI/P/CIR/2023/123 dated July 13, 2023.

The intimation was signed by Bharat Singh Bisht, Whole-Time Director of Homre Limited.

Historical Stock Returns for HOMRE

1 Day5 Days1 Month6 Months1 Year5 Years
-2.03%-3.98%+1.05%+34.03%0.0%0.0%

Has Homre Limited appointed a successor for the Company Secretary role, and if not, what is the timeline for filling this critical compliance position?

Could the departure of the Compliance Officer signal any underlying governance issues or internal conflicts within Homre Limited's management team?

How might this leadership change impact Homre Limited's ability to meet upcoming regulatory deadlines and SEBI reporting requirements?

Homre AGM to approve ₹12.5 crore warrants; e-voting details confirmed

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Homre’s 36th AGM scheduled for September 24, 2026, to approve ₹12.5 crore warrant issue
  • Meeting to be held via VC/OAVM with remote e-voting open from September 21 to 23
  • Standalone revenue rose to ₹15.28 crore in FY26 from nil in FY25
  • Consolidated net loss of ₹23.69 lakh driven by subsidiary’s deferred tax charges
  • Board reshuffle includes regularization of Sandeep Dewan as MD and Sheetal Jain as Chairperson
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Homre has scheduled its 36th Annual General Meeting for September 24, 2026, to seek shareholder approval for a preferential issue of fully convertible warrants worth ₹12.5 crore. The meeting, which will also address significant board reshuffles and an Employee Stock Option Plan, is now confirmed to be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs circulars.

New regulatory filings confirm that the notice for the AGM was dispatched electronically on September 1, 2026. The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting, which will commence on Monday, September 21, 2026, at 9:00 am and end on Wednesday, September 23, 2026, at 5:00 pm. Shareholders whose names appear in the Register of Members as of the cut-off date, Thursday, September 17, 2026, are eligible to vote.

The company plans to issue 5,41,12,553 Fully Convertible Warrants at ₹2.31 per warrant to eight allottees, including promoter entity Supriya Securities Pvt. Ltd. and non-promoter Ganpati Warehousing Limited. Each warrant will be convertible into one equity share within 18 months of allotment.

Financial Performance

For the financial year ended March 31, 2026, Homre reported standalone revenue from operations of ₹15.28 crore, rising from nil in the previous year. This growth was driven by the commencement of commercial operations in biomass briquettes, pellets, and non-ferrous metals trading.

Metric FY26 FY25 Change
Revenue ₹15.28 crore Nil New Operations
Net Profit ₹1.19 crore ₹0.08 crore Up 13x
EPS ₹0.059 ₹0.004 Up 1375%

On a consolidated basis, however, the group recorded a net loss of ₹23.69 lakh due to a deferred tax charge of ₹1.24 crore attributable to its subsidiary, Maple e-Solutions Limited. The subsidiary itself reported a loss after tax of ₹1.21 crore for the year.

What the Numbers Show

The divergence between standalone profitability and consolidated losses highlights the impact of the subsidiary's tax position on the group's bottom line. While Homre generated ₹1.19 crore in standalone profit, the consolidated deferred tax expense of ₹1.24 crore—primarily linked to Maple e-Solutions—turned the group result negative. This suggests that future group profitability will depend heavily on resolving the subsidiary's tax asset/liability positions alongside scaling core operations.

Corporate Actions

Shareholders will vote on several special resolutions:

  • Preferential Issue: Approval for the issuance of FCWs aggregating ₹12.5 crore.
  • ESOP Plan: Adoption of the Homre Employee Stock Option Plan – 2026, granting up to 3 crore options to eligible employees and directors.
  • Board Changes: Regularization of Sandeep Dewan as Managing Director and Sheetal Jain as Chairperson. Several directors, including Rohit Inder Himatsingani and Abhishek Bhagwat Bharad, will see their designations changed to Independent Non-Executive Directors.
  • New Appointments: Regularization of Supriya Mahesh Kadam, Ashok Chopra, and Puneeta K Sharma as Independent Non-Executive Directors. Change in designation for Surendra Pal Sharma from Non-Executive to Executive Director.
  • Reappointment: Reappointment of Khushboo Rastogi as a Director liable to retire by rotation.
  • Auditor: Appointment of M/S Datt Ganesh & Associates as Secretarial Auditor for FY27.

The company has not recommended any dividend for FY26, proposing instead to carry forward profits to retained earnings to fund working capital and expansion plans. The Bharatpur plant in Rajasthan is now in the operational readiness phase.

Historical Stock Returns for HOMRE

1 Day5 Days1 Month6 Months1 Year5 Years
-2.03%-3.98%+1.05%+34.03%0.0%0.0%

How will the conversion of ₹12.5 crore in fully convertible warrants by promoter and non-promoter entities impact existing shareholder equity dilution over the next 18 months?

What specific strategies is Homre implementing to resolve the deferred tax liabilities at Maple e-Solutions to prevent continued drag on consolidated profitability?

How does the commencement of the Bharatpur plant align with the company's decision to retain earnings rather than pay dividends, and what is the expected timeline for ROI from this expansion?

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