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.

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.

Homre Limited has determined the floor price for its proposed preferential issue of fully convertible warrants (FCWs) at ₹2.31 per warrant. The company announced the pricing on August 26, 2026, citing August 25, 2026, as the relevant date for valuation under SEBI ICDR Regulations.

The issue aims to raise aggregate consideration of approximately ₹12.50 crore. The company plans to allot 5,41,12,553 FCWs on a preferential basis. Each warrant carries a face value of ₹1 and is convertible into one equity share of the same face value.

Issue Details

The pricing mechanism adheres to the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The floor price serves as the minimum issue price; the actual allotment price will not be lower than this threshold.

Regulatory Compliance

The intimation was issued to BSE Limited by Bharat Singh Bisht, Whole-Time Director. The proposal is subject to necessary statutory, regulatory, and other approvals before finalization. The company previously operated under the name Triton Corp Limited.