Rajendra Seclease Limited Acquires 4 Lakh Shares in Homre Limited, Increases Stake to 43.16%

1 min read     Updated on 20 Feb 2026, 04:48 PM
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Overview

Rajendra Seclease Limited has acquired 4 lakh equity shares in Homre Limited through an off-market purchase, increasing its promoter shareholding from 41.16% to 43.16%. The transaction was completed on February 18, 2026, pursuant to a share purchase agreement with Harish Rajkumar Lodha, with proper regulatory disclosures filed under SEBI Takeover Regulations.

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*this image is generated using AI for illustrative purposes only.

Rajendra Seclease Limited, a promoter entity of Homre Limited (formerly known as Triton Corp Limited), has acquired additional equity shares in the company through an off-market transaction. The acquisition represents a strategic increase in the promoter's shareholding in the BSE-listed entity.

Share Acquisition Details

The transaction involved the purchase of 4 lakh equity shares of face value Re. 1 each, representing 2.00% of Homre Limited's paid-up equity share capital. The shares were acquired through an off-market purchase completed on February 18, 2026.

Transaction Parameter: Details
Shares Acquired: 4,00,000 equity shares
Face Value: Re. 1 each
Percentage of Capital: 2.00%
Transaction Mode: Off-market
Transaction Date: February 18, 2026

Shareholding Pattern Changes

The acquisition has resulted in a notable increase in Rajendra Seclease Limited's stake in Homre Limited. The promoter's shareholding has grown from 41.16% to 43.16% following this transaction.

Shareholding Details: Before Acquisition After Acquisition
Number of Shares: 8,22,67,013 8,62,67,013
Percentage Holding: 41.16% 43.16%
Total Share Capital: 19,98,89,650 shares 19,98,89,650 shares

Transaction Background

The share acquisition was executed pursuant to a share purchase agreement dated January 13, 2026, entered into between Rajendra Seclease Limited and Harish Rajkumar Lodha. According to the disclosure, the transaction involved the return of shares that were previously acquired due to defaulted payments under the original agreement.

Regulatory Compliance

Rajendra Seclease Limited has filed the mandatory disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was submitted to BSE Limited, where Homre Limited's shares are listed under scrip code 523387.

The transaction demonstrates the promoter's continued commitment to the company while ensuring full compliance with SEBI's substantial acquisition disclosure requirements. All shares acquired carry voting rights, and no encumbrances or convertible securities were involved in this transaction.

Historical Stock Returns for Triton Corp.ltd.

1 Day5 Days1 Month6 Months1 Year5 Years
-4.51%-21.12%-37.13%+108.20%+139.62%+568.42%

HOMRE Limited Board Defers Preferential Issue and Announces Director Changes

2 min read     Updated on 28 Jan 2026, 03:38 PM
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Overview

HOMRE Limited's board meeting on January 28, 2026 resulted in the deferral of a preferential share warrant issuance proposal to promoters, which will be reconsidered at a future meeting. The company appointed Mr. Ashok Chopra, an IIT Delhi graduate with over 30 years of Oil & Gas industry experience, as Non-Executive Independent Director for a one-year term subject to member approval. Concurrently, the board accepted Mr. Mahesh Mahadeo Kadam's resignation as Independent Director due to personal reasons, effective January 28, 2026.

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HOMRE Limited (formerly Triton Corp Limited) announced significant board decisions following its meeting held on January 28, 2026. The company communicated these developments to BSE Limited under Regulation 30 of SEBI (LODR) Regulations, 2015, covering strategic funding decisions and directorial changes.

Preferential Issue Proposal Deferred

The board decided to postpone the agenda item relating to the issuance of share warrants convertible into equity shares to the company's promoters on a preferential basis. This proposal was intended as a fund infusion mechanism but will now be considered at a later date. The company has committed to informing the stock exchange when this matter is taken up in future board meetings.

Director Appointments and Changes

The board approved the appointment of Mr. Ashok Chopra as Non-Executive Independent Director, effective January 28, 2026, subject to applicable approvals. His appointment details are outlined below:

Parameter: Details
Director Name: Mr. Ashok Chopra (DIN: 00047113)
Position: Non-Executive Independent Director
Appointment Period: January 28, 2026 to January 27, 2027
Term Duration: One Year
Subject to: Approval of Company Members

Professional Background

Mr. Ashok Chopra brings extensive industry experience to the board. He holds a Bachelor of Technology in Chemical Engineering from the Indian Institute of Technology (IIT), Delhi. His professional career spans over 30 years, including significant tenure at Snamprogetti SpA, a subsidiary of ENI SpA, and independent consultancy work. His expertise covers multiple sectors including:

  • Oil & Gas upstream operations
  • Refining and petrochemicals (downstream)
  • Pipelines and LNG infrastructure
  • Technology, engineering, and EPC contracts

Independent Director Resignation

Simultaneously, the board accepted the resignation of Mr. Mahesh Mahadeo Kadam from his position as Non-Executive Independent Director. The resignation details are summarized below:

Parameter: Details
Resignation Reason: Personal reasons
Effective Date: Closing hours of January 28, 2026
Additional Reasons: No other material reason

The board acknowledged Mr. Kadam's valuable contributions during his tenure and placed on record its appreciation for his service.

Compliance and Regulatory Information

The board meeting commenced at 2:00 PM and concluded at 3:05 PM on January 28, 2026. All announcements were made in compliance with SEBI Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that Mr. Ashok Chopra is not debarred from holding directorial positions pursuant to any SEBI order or similar authority orders. No other material matters were discussed during the meeting.

Historical Stock Returns for Triton Corp.ltd.

1 Day5 Days1 Month6 Months1 Year5 Years
-4.51%-21.12%-37.13%+108.20%+139.62%+568.42%

More News on Triton Corp.ltd.

1 Year Returns:+139.62%