BSEHOMRE LtdMediumNeutral
Announced Mon, 15 Jun · 17:37 IST

Independent Director Surendra Pal Sharma Re-designated as Executive Director

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹2.25
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.6-5.3-3.6+0.9+5.8+3.6-18.7-15.1
Up moveDown movePending
AI summary

HOMRE Limited announced that Mr. Surendra Pal Sharma (DIN: 09435695) will transition from Non-Executive Independent Director to Executive Director effective June 15, 2026, upon completing his tenure as an independent director. He has been appointed for a 1-year term (to June 14, 2027), subject to shareholder approval at the next general meeting. He is a B.E. (Mechanical, IIT-R) and MBA-HR with 42+ years of experience, including a senior role at NTPC. He is not debarred by SEBI and not related to any current director.

Likely market impact

Loss of an independent director may reduce board independence; his 42+ years of engineering and renewables experience could strengthen the executive team.