Homre Limited approved a preferential issue of fully convertible warrants (FCWs) worth up to ₹12.50 crore during its board meeting held on August 19, 2026. The issuance is structured as a private placement under Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Each warrant will be convertible into one equity share of the company.

The board also approved the introduction of the HOMRE ESOP 2026 scheme, which covers up to 3 crore employee stock options. These options are convertible into one equity share each with a face value of ₹1. The exercise price and vesting schedule will be determined by the Nomination and Remuneration Committee in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Warrant Issuance Details

The FCW issue involves eight investors, comprising both promoter and non-promoter groups. The post-issue shareholding pattern assumes full conversion of the warrants based on the issue price determined with reference to August 25, 2026.

Other non-promoter investors include Mrs. Kusha Dipeshkumar Chauhan, Dipeshkumar Valamjibhai Chauhan HUF, Mrs. Krutika Divyesh Chauhan, and Mr. Divyesh Valamjibhai Chauhan. Their holdings are projected to increase from less than 0.25% individually to between 0.24% and 0.51% post-conversion.

Key Terms and Conditions

Warrant holders may exercise their rights in one or more tranches within 18 months from the date of allotment. Unexercised warrants will lapse after this period, and the subscription amount will be forfeited as per SEBI ICDR Regulations. The issue price is determined in accordance with applicable provisions with reference to the relevant date.

Both the preferential issue and the ESOP scheme are subject to shareholder approval and other statutory regulatory approvals. The company has scheduled its 36th Annual General Meeting for September 24, 2026, to be conducted via Video Conferencing or Other Audio Visual Means.

Administrative Appointments

The board appointed M/s. Datt Ganesh & Associates as Secretarial Auditor for FY26-27 and M/s. S. Lal & Company as Internal Auditor for the same financial year. Mr. Ajay Kumar Choudhary was appointed as Scrutinizer for the upcoming AGM e-voting process. The Register of Members and Share Transfer Books will remain closed from September 19, 2026, to September 24, 2026.

Homre Limited, formerly known as Triton Corp Limited, has scheduled a meeting of its Board of Directors for Wednesday, August 19, 2026, to consider significant corporate actions including the introduction of a new employee incentive scheme and a capital raising measure. The board will deliberate on the implementation of the Homre Limited Employee Stock Option Plan – ESOP 2026, based on recommendations from the Nomination and Remuneration Committee. Additionally, the board will review a proposal for the preferential issue and allotment of Fully Convertible Warrants, which are convertible into equity shares of the company. These warrants are intended for identified persons belonging to the Promoter and/or Non-Promoter categories. Both the ESOP scheme and the warrant issue require subsequent approval from the company's shareholders.

The proceedings are governed by Regulation 29(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates prior intimation of board meetings. The company disclosed these agenda items in a notice dated August 11, 2026, addressed to the Listing Department of BSE Limited. The preferential issue of warrants must comply with the provisions of the Companies Act, 2013, and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, along with other applicable laws. Any statutory or regulatory approvals required for these transactions will be sought prior to implementation.

Agenda Items

The board meeting will address the following key resolutions:

The introduction of the ESOP 2026 aims to align employee interests with shareholder value through equity-based incentives. The specific terms, quantum, and eligibility criteria for the stock options will be detailed in the final scheme document presented to shareholders. Similarly, the pricing, conversion ratio, and identity of the subscribers for the Fully Convertible Warrants will be determined in accordance with regulatory guidelines and disclosed upon finalization.

Corporate Governance and Compliance

Bharat Singh Bisht, Whole-Time Director of Homre Limited, signed the disclosure letter. The company’s ISIN code is INE982C01033, and it is listed on the Bombay Stock Exchange under Scrip Code 523387. The board will also consider the notice convening the Annual General Meeting of the company during this session. Other business may be transacted with the permission of the Chair, as permitted under standard corporate governance practices. Investors are advised to monitor subsequent filings for the final resolutions passed by the board and the details of the shareholder vote.