Triton Corp Ltd

AGM details

• Held on 24 September 2026 at 1:00 PM via VC/OAVM; concluded at 1:42 PM.
• Remote e-voting ran Sept 21–23; 15 minutes post-AGM for voting.
• 66 attendees, including five promoter shareholders.
• Quorum present; notices and annual report circulated to shareholders.

Resolutions (ordinary and special)

• Adopt audited standalone and consolidated financial statements.
• Reappoint Khushboo Rastogi by rotation.
• Appoint Secretarial Auditor for FY2026-27; remuneration to be mutually agreed.
• Regularise Sheetal Jain as Chairperson and Non-Executive Director.
• Approve Rohit Himatsingani's designation as Independent Non-Executive Director.
• Approve Abhishek Bharad's designation as Independent Non-Executive Director.
• Approve Surendra Sharma's change from NED to Executive Director.
• Regularise Sandeep Dewan as Managing Director.
• Regularise Supriya Kadam as Independent Non-Executive Director.
• Regularise Ashok Chopra as Independent Non-Executive Director.
• Regularise Puneeta Sharma as Independent Non-Executive Director.
• Approve HOMRE ESOP 2026 for up to 3,00,00,000 options.
• Approve issue of 5,41,12,552 Fully Convertible Warrants at ₹2.31 each.
• Note disclosure under Regulation 45(3) of LODR.

Voting results

• All resolutions passed with requisite majority.

Auditors

• Secretarial Auditor appointed: M/s Datt Ganesh & Associates for 2026-27.

Other material approvals

• No material related party transactions disclosed.
• ESOP and preferential warrants approvals noted as material approvals.

HOMRE Ltd - Trading Window closed from October 01, 2026 till 48 hours after the declaration of Unaudited Standalone and Consolidated financial results for the quarter and half year ended on September 30, 2026

AGM details

• Date, time, mode: 24 September 2026 at 1:00 PM via VC/OAVM.
• Duration: concluded at 1:42 PM with 15 minutes post-meeting e-voting.
• Remote e-voting ran Sep 21–23, 2026, 9:00 AM–5:00 PM IST.

Resolutions and outcomes

• Ordinary—Adopt Audited Financial Statements and Consolidated Reports; Passed.
• Ordinary—Re-appointment of Khushboo Rastogi; Passed.
• Ordinary—Secretarial Auditor appointment for 2026-27; Remuneration to be mutually agreed; Passed.
• Ordinary—Chairperson Sheetal Jain regularised as Chairperson and NED; Passed.
• Ordinary—Designation change of Rohit Himatsingani to Independent NED; Passed.
• Ordinary—Designation change of Dr. Abhishek Bharad to Independent NED; Passed.
• Ordinary—Designation change of Surendra Pal Sharma from NED to ED; Passed.
• Ordinary—Regularise appointment of Sandeep Dewan as Managing Director; Passed.
• Ordinary—Regularise appointment of Supriya Kadam as Independent NED; Passed.
• Ordinary—Regularise appointment of Ashok Chopra as Independent NED; Passed.
• Ordinary—Regularise appointment of Puneeta Sharma as Independent NED; Passed.
• Special—HOMRE ESOP 2026: up to 3,00,00,000 options; Passed.
• Special—Issue of 5,41,12,552 Fully Convertible Warrants at ₹2.31; Passed.
• Ordinary—Note SEBI Reg 45(3) disclosure; Passed.

Director and KM changes

• Khushboo Rastogi re-appointed by rotation.
• Sheetal Jain regularised as Chairperson and NED.
• Rohit Inder Himatsingani designated as Independent NED.
• Dr. Abhishek Bharad designated as Independent NED.
• Surendra Pal Sharma from NED to Executive Director.
• Sandeep Dewan regularised as Managing Director.
• Supriya Kadam regularised as Independent NED.
• Ashok Chopra regularised as Independent NED.
• Puneeta Sharma regularised as Independent NED.

Auditor appointments

• Secretarial Auditor appointed for 2026-27; remuneration to be mutually agreed.

Material approvals

• Approval of HOMRE ESOP 2026 for up to 3 crore options.
• Approval of issue of 5,41,12,552 Fully Convertible Warrants at ₹2.31.
• SEBI Regulation 45(3) disclosure noted.

AGM details

• 36th AGM held on 24 September 2026 at 1:00 PM via VC/OAVM.
• Meeting concluded at 1:42 PM with 15 minutes for post-meeting e-voting.
• Remote e-voting ran 21–23 Sep 2026; NSDL facility used; Scrutinizer appointed.

Resolutions proposed

• Adopt Audited Financial Statements for the year ended 31 March 2026.
• Re-appoint Khushboo Rastogi, retiring by rotation.
• Appoint Datt Ganesh & Associates as Secretarial Auditor for 2026-27; remuneration to be decided.
• Regularise Sheetal Jain as Chairperson and Non-Executive Director.
• Change designation of Rohit Inder Himatsingani to Independent Non-Executive Director.
• Change designation of Abhishek Bhagwat Bharad to Independent Non-Executive Director.
• Change designation of Surendra Pal Sharma from Non-Executive to Executive Director.
• Regularise Sandeep Dewan as Managing Director.
• Regularise Supriya Mahesh Kadam as Independent Non-Executive Director.
• Regularise Ashok Chopra as Independent Non-Executive Director.
• Regularise Puneeta K. Sharma as Independent Non-Executive Director.
• Approve HOMRE ESOP 2026 for up to 3,00,00,000 options.
• Approve issue of 5,41,12,552 Fully Convertible Warrants at ₹2.31 per warrant.
• Note disclosure regarding SEBI LODR Regulation 45(3) certificate.

Voting results

• Results of e-voting and postal ballot to be disseminated to exchange and on company website.

Director changes

• Sheetal Jain regularised as Chairperson and Non-Executive Director.
• Sandeep Dewan regularised as Managing Director.
• Rohit Inder Himatsingani designated as Independent Non-Executive Director.
• Abhishek Bhagwat Bharad designated as Independent Non-Executive Director.
• Surendra Pal Sharma moved from Non-Executive to Executive Director.
• Supriya Mahesh Kadam regularised as Independent Non-Executive Director.
• Ashok Chopra regularised as Independent Non-Executive Director.
• Puneeta K. Sharma regularised as Independent Non-Executive Director.

Auditors

• Secretarial Auditor appointed: M/s Datt Ganesh & Associates for 2026-27; remuneration to be decided.

Other material approvals

• HOMRE ESOP 2026 for up to 3,00,00,000 options.
• Fully Convertible Warrants issued on a preferential basis; price ₹2.31 per warrant.

Appointments/Resignations

• Ms. Pratibha Sharma resigned as Company Secretary and Compliance Officer, effective 11 September 2026.
• Mr. Karam Vir Singh appointed as Whole-Time CS & CO, effective 11 Sept 2026; ICSI Associate profile.

Appointment details

• Karam Vir Singh (ACS - A29056) appointed as Company Secretary and Compliance Officer.
• Effective date: 11 September 2026.
• Reason: Board-approved appointment.
• Profile: Associate Member, ICSI; experience with Companies Act, Listing Regulations and allied laws.
• Relationship: Not related to any director.
• Designation: Whole Time Company Secretary & Compliance Officer.

Financial highlights

• Standalone total income: ₹15,77,092.41 (Rs in Hundred) for year ended 31 Mar 2026.
• Standalone PAT: ₹1,18,693.83 (Rs in Hundred).
• Standalone EPS: ₹0.059.
• Dividend: no dividend declared; profits retained in equity.
• Paid-up capital: ₹1,99,889,650 (₹19.98 crore).

Consolidated view

• Consolidated total income: ₹15,80,519.67 (Rs in Hundred).
• Consolidated PAT: ₹(2,368.88) (Rs in Hundred).
• Consolidated EPS: ₹(0.001).
• Dividend: no dividend declared at group level.

Operations & plant

• Bharatpur plant, Rajasthan, is in operational readiness phase.
• Commercial operations restarted in biomass briquettes and pellets.
• Marketing and distribution of non-ferrous metals commenced.
• Plans for multi-location expansion; right issue to fund project; NBFC/banking partnerships.

Capital structure & liquidity

• Equity share capital: ₹19.99 crore (₹1,99,89,650).
• Borrowings: nil at year-end.
• Share dematerialisation: 95.51% of shares.
• Profit retained in Retained Earnings; balance sheet reflects cash/liquidity.

ESOPs and warrants

• HOMRE ESOP 2026 approved; up to 3,00,00,000 options.
• Exercise and other terms will follow the ESOP 2026 framework.
• Fully Convertible Warrants on preferential basis: 5,41,12,553 warrants at ₹2.31 each.
• Post-issue shareholding is indicative; subject to approvals and allotment.

Governance & board

• 36th AGM scheduled 24 Sep 2026 via VC/OAVM.
• New independent directors appointed: Rohit Himatsingani, Abhishek Bharad, Supriya Kadam, Ashok Chopra, Puneeta Sharma.
• Sandeep Dewan appointed Managing Director for five years from 29 Jun 2026.
• Secretarial Auditor appointed: M/S Datt Ganesh & Associates for 2026-27.
• Statutory Auditor appointed: Krishan Rakesh & Co. for five years (2025-2030).

Subsidiaries & related party

• Maple e-Solutions Limited is a subsidiary with 99.99% holding.
• Maple reported total income ₹3,427.26; PAT ₹(1,21,062.71) (standalone).
• Intercompany loans and balances noted; related party disclosures in notes.

Outlook & risks

• Renewable energy growth supports biomass plant expansion.
• Funding through right issue and NBFC/banking partnerships planned.
• Policy support for biomass boosts domestic and export opportunities.