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.

Homre Limited reported a standalone net profit of ₹63.46 lakh for the quarter ended June 30, 2026, marking a substantial improvement over the ₹17.29 lakh profit recorded in Q1FY25. Revenue from operations reached ₹1,192.29 lakh, compared to nil disclosure in the prior year’s comparable quarter, while other income contributed ₹47.18 lakh to total income. The Board of Directors also approved key governance changes, including the appointment of two new Non-Executive Independent Directors and the resignation of an Executive Director, effective mid-June 2026.

The financial results were approved by the Board at its meeting held on July 23, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Krishan Rakesh & Co., who issued their report on July 23, 2026. The filing confirms that the results are prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.

Financial Performance Overview

The company’s total income for the quarter stood at ₹1,239.47 lakh, driven primarily by revenue from operations and other income. Total expenses amounted to ₹1,154.65 lakh, with purchase of stock-in-trade constituting the largest component at ₹1,141.71 lakh. Profit before tax was recorded at ₹84.82 lakh, against which deferred tax expenses of ₹21.36 lakh were charged.

On a consolidated basis, Homre Limited reported a net profit of ₹63.44 lakh for the quarter, compared to ₹17.23 lakh in Q1FY25. Consolidated revenue from operations remained consistent with standalone figures at ₹1,192.29 lakh. The consolidated entity includes Maple Solutions Limited as a wholly-owned subsidiary, which reported nil revenue and a net loss of ₹0.02 lakh for the quarter.

Board Appointments and Resignations

The Board appointed Mr. Ashok Chopra and Mrs. Puneeta K Sharma as Non-Executive Independent Directors for a term of one year, effective July 23, 2026. Both appointments are subject to shareholder approval. Additionally, the Board approved the change in designation of Mr. Rohit Inder Himatsingani and Mr. Abhishek Bhagwat Bharad from Non-Executive Non-Independent Directors to Non-Executive Independent Directors, effective June 23, 2026, following recommendations from the Nomination and Remuneration Committee.

The Board also took note of the resignation of Mr. Sachin Kumar Bhimrajka, Executive Director, effective from the closing hours of June 22, 2026, citing personal reasons. All changes comply with Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the LODR Regulations.

What the Numbers Show

The surge in net profit from ₹17.29 lakh to ₹63.46 lakh is largely attributable to the commencement or scaling of operational activities, evidenced by the jump in revenue from operations to ₹1,192.29 lakh from nil in the prior comparable quarter. The company maintained tight cost control, with employee benefits expense declining to ₹2.47 lakh from ₹3.63 lakh in Q1FY25, despite higher operational volume. The positive earnings per share of ₹0.032 reflect improved profitability on a per-share basis, signaling stronger operational momentum in the initial quarter of FY26.