Board Reshuffle at HOMRE: 2 New Independent Directors, ED Resigns

Kmp ResignedManagement Changes View source PDF Explain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.5% vs market

Gems, Jewellery And Watches peers, median of 31sector-0.0%+1.0% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.0 pts more than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

HOMRE Limited appointed two new Non-Executive Independent Directors, Ashok Chopra and Puneeta K Sharma. Two existing directors were redesignated as Independent. Executive Director Sachin Kumar Bhimrajka resigned citing personal reasons, effective June 22, 2026. Q1 FY26 standalone revenue rose to Rs 1,192.29 lakhs from Rs 596.02 lakhs previous quarter, with profit at Rs 63.46 lakhs versus Rs 45.78 lakhs.

Likely market impact

Board gets more independent directors; Q1 results improved but company remains a thinly tracked small-cap with limited disclosures.