Homre Ltd Directors Report

Dear Members,

Your Directors have pleasure in presenting their 36^th Annual Report along with the standalone and consolidated summary financial statements for the financial year ended March 31, 2026.

FINANCIAL HIGHLIGHTS

Audited Financials Results -Standalone

Particulars	Year ended 31 March, 2026	Year ended 31 March, 2025
Net Sales/Income from Operations	15,28,621.74	0
Other Income	48,470.67	64,760.34
Total Income	15,77,092.41	64,704.34
Total Expenses	14,57,951.39	56,250.09
Profit / (Loss) Before Taxation	1,19,141.02	8,510.25
Provision for Tax	447.19	0
Profit / (Loss) After Taxation	1,18,693.83	8,510.25
Surplus / (Deficit) carried to Balance Sheet	1,18,693.83	8,510.25
Earning Per Share	0.059	0.004

Audited Financials Results - Consolidated

Particulars	Year ended 31 March, 2026	Year ended 31 March, 2025
Net Sales/Income from Operations	15,28,621.74	0
Other Income	51,897.93	64,760.34
Total Income	15,80,519.67	64,704.34
Total Expenses	14,58,331.69	56,697.09
Profit / Loss Before Taxation	1,22,187.98	8,063.25
Provision for Tax	447.19	0
Deferred Tax	1,24,109.67	0
Profit / Loss After Taxation and before Minority Interest	(2,368.88)	8063.25
Profit / Loss After Taxation and after Minority Interest	(2,368.88)	8063.25
Earning Per Share	(0.001)	(0.004)

OPERATIONS

During the financial year, the Company commenced commercial operations after a prolonged period of inactivity caused by financial constraints. As part of its business revival strategy, the Company has initiated operations in the manufacturing and trading of biomass briquettes and biomass pellets, catering to the growing demand for renewable and sustainable fuel solutions. In addition, the Company has also entered into the marketing and distribution of non-ferrous metals, thereby diversifying its business portfolio. The Directors believe that these initiatives represent a significant milestone in the Companys revival efforts and are expected to strengthen its operational performance, enhance revenue generation, and create long-term value for all stakeholders. The management continues to explore additional business opportunities and remains committed to achieving sustainable growth and improving the overall financial position of the Company.

CAPITAL STRUCTURE

During the current year, there is no change in the Authorised and Paid up Share Capital of the Company. Company has not received any additional Capital. Total Paid up Share Capital of the Company as on 31st March, 2026 is Rs. 19,98,89,650/-.

DIVIDEND RECOMMENDATION

In view of the Companys growth plans and the need to conserve financial resources for strengthening its operations, meeting working capital requirements, and supporting future business expansion, your Directors have decided not to recommend any dividend for the financial year 2025-26. The Board believes that retaining the profits in the business is in the long-term interest of the Company and its shareholders.

RESERVE

The Board of Directors has decided to retain the profit earned during the financial year from the Companys business operations to strengthen its financial position, support working capital requirements, and fund future business growth and expansion. Accordingly, the profit for the financial year ended March 31, 2026, is proposed to be carried forward to Retained Earnings under the head Other Equity, and no amount is proposed to be transferred to any specific reserve.

PUBLIC DEPOSITS

The Company has not accepted / invited any public deposits during the period under review and hence provisions of Section 73 of the Companies Act, 2013 is not applicable.

CORPORATE GOVERNANCE

Your Company is committed to maintaining the highest standards of Corporate Governance. Your directors adhere to the requirements set out by the Securities and Exchange Board of Indias Corporate Governance practices and have implemented all the stipulations prescribed.

The detailed Corporate Governance Report forms part of this Directors Report vide "Annexure-I".

CONSOLIDATED FINANCIAL STATEMENTS

The consolidated financial statements comprise the financial statements of the Company and its subsidiary as at March 31, 2026

List of subsidiary companies considered for consolidation together with the proportion of shareholding held by Group is as follows:

Name of the Subsidiary	Country of Incorporation	Proportion of ownership interest
Maple eSolutions Ltd.	India	99.99 %

MANAGEMENT DISCUSSION & ANALYSIS

A separate report on Management Discussion and Analysis relating to business and economic environment surrounding your Company have been appended to this report in terms of the Listing Agreement and marked as "Annexure II".

Particulars of Employees

The Whole-time Director of the Company did not draw any remuneration during the financial year under review. Accordingly, the ratio of remuneration of the Whole-time Director to the median remuneration of employees and the percentage increase in remuneration of the Whole-time Director, as prescribed under Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, are not applicable.

Further, none of the employees of the Company was in receipt of remuneration exceeding the limits prescribed under Rule 5(2) and Rule 5(3) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, read with Section 197 of the Companies Act, 2013. Accordingly, the statement containing particulars of such employees is not required to be annexed to this Report.

MATERIAL CHANGES AND COMMITMENTS AFFECTING THE FINACIAL POSITION OF THE COMPANY

There have been no material changes or commitments affecting the financial position of the Company that have occurred between the end of the financial year ended March 31, 2026, and the date of this Report, which would have a material impact on the business or financial affairs of the Company.

VIGIL MECHANISM

Pursuant to the provisions of Section 177 of the Companies Act, 2013 read with the Companies (Meetings of Board and its Powers) Rules, 2014 and Regulation 22 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has established a Vigil Mechanism through its Whistle Blower Policy to enable directors and employees to report genuine concerns relating to unethical behaviour, actual or suspected fraud, violations of the Companys Code of Conduct, or any other improper practices. The Policy provides adequate safeguards against victimisation of persons availing the mechanism and ensures direct access to the Chairperson of the Audit Committee in appropriate and exceptional cases.

The Whistle Blower Policy is available on the Companys website. During the financial year under review, no complaint was received under the Vigil Mechanism/Whistle Blower Policy.

ANNUAL ACCOUNTS OF SUBSIDIARY COMPANY _

Your Company has one Subsidiary Company namely Maple solutions Limited in which your Company holds 99.99% of shareholding.

As per the provisions of Sec 129 (3) of the Companies Act, 2013 read with rule 5 of the Companies (Accounts) Rules, 2014, a separate statement containing salient features of financial statements of subsidiary has been attached with Consolidated Financial Statements for the year 2025-2026 and the performance and financial position of the Subsidiary Company is annexed in Form AOC-1 and enclosed as "Annexure III".

The Consolidated Financial Statements have been presented in the Annual Report.

STATUTORY AUDITORS

Pursuant to the provisions of Section 139, 141 and other applicable provisions, if any, of the Companies Act, 2013, read with the Rules made thereunder (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), the Members of the Company do hereby appoint M/s. KRISHAN RAKESH & CO., Chartered Accountants, New Delhi (Firm Registration No. 009088N) as the Statutory Auditors of the Company, to hold office for a term of five consecutive years commencing from the conclusion of this Annual General Meeting held in the year 2025 until the conclusion of the Annual General Meeting to be held in the year 2030, on such

AUDITORS REPORT

The observations/qualifications of the Auditors in the Auditors Report are explained and clarified, wherever necessary, in the appropriate Notes to the Accounts.

SECRETARIAL AUDITORS

M/s VJ & Associates, Practicing Company Secretaries have been appointed as Secretarial Auditor of the Company for the financial year 2025-2026 in line with the provisions of Section 204 of the Companies Act, 2013. The Report of Secretarial Auditor (Form MR- 3) for the Financial Year 2025-2026 is annexed vides "Annexure IV".

PREVENTION OF INSIDER TRADING:

In compliance with the provisions of Securities Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Board has adopted a code of conduct and code of practices and procedures for fair disclosure of unpublished price sensitive information to preserve the confidentiality of price sensitive information to prevent misuse thereof and regulate trading by designated persons.

DETAILS OF DIRECTORS AND KEY MANAGERIAL PERSONNEL

Details of Directors and Key Managerial Personnel as on date;

Mrs. Meena Rastogi	Director/Chairperson
Mrs. Khusbhoo Rastogi	Non-Executive Director (Appointed on 16.06.2025)
Mr. Bharat Singh Bisht	Whole Time Director (Change in Designation w.e.f. 16.06.2025)
Mr. Sachin Kumar Bhimrajka	Executive Director (Appointed on 16.06.2025)
Mr. Abhishek Bhagwat Bharad	Managing Director (Appointed on 30.03.2026)
Mr. Sandeep Dewan	Executive Director (Appointed on 30.03.2026)
Mr. Ashok Chopra	Independent Director (Appointed on 28.01.2026)
Mr. Surendra Pal Sharma	Independent Director (Appointed on 16.06.2025)
Mrs. Supriya Mahesh Kadam	Independent Director (Appointed on 30.03.2026)
Mrs. Pratibha Sharma	Company Secretary (Appointed on 20.05.2026)
Mr. Rajeev Kumar Gupta	Chief Financial Officer

Tenure of Mr. Bharat Singh Bisht, Whole Time Director & Mr. Sachin Kumar Bhimrajka whose is fixed and not liable to retire by rotation, Mr. Ashok Chopra , Mr. Surendra Pal Sharma & Mrs. Supriya Mahesh Kadam are independent directors, who are not liable to retire by rotation as per companies Act, 2013. Mrs. Meena Rastogi, Mrs. Khushboo Rastogi, Abhishek Bhagwat Bharad, Directors of the Company retires by rotation and being eligible offer herself/himself for re-appointment. Appointments of all the directors are in compliance with the provisions of Section 164(2) of the Companies Act, 2013.

Pursuant to the provisions of Section 149 and other applicable provisions of the Companies Act, 2013 with respect to appointment and tenure of the Independent Directors which came into effect from April 1, 2014, the Independent Directors shall be appointed for not more than two terms of five years each and shall not be liable to retire by rotation. The Term shall be effective prospectively.</p>

Following are the Key Managerial Personnel of the Company under the provisions of Section 203 of the Companies Act, 2013.

Name	Designation
1. Mrs. Sheetal Jain	Managing Director (Resigned on 16.06.2026)
2. Mr. Bharat Singh Bisht	Whole Time Director (Change in Designation w.e.f. 16.06.2025)
3. Mr. Rajeev Kumar Gupta	Chief Financial Officer
4. Mrs. Anu Aggarwal	Company Secretary (Appointed on 23.02.2026)
5. Mrs. Pratibha Sharma	Company Secretary (Appointed on 20.05.2026)

APPOINTMENT OF DIRECTORS & KEY MANAGERIAL PERSONNEL

Name of Directors/KMP	Designation	Date of appointment
1. Mr. Mahesh Mahadeo Kadam	Independent Director	28 April, 2025
2. Mrs. Khushboo Rastogi	Non - Executive Non -Independent Director	16 June, 2025
3. Mr. Sachin Kumar Bhimrajka	Executive Director	16 June, 2025
4. Mr. Surendra Pal Sharma	Independent Director	16 June, 2025
5. Mr. Bharat Singh Bisht	Change in Designation from Independent Director to Whole Time Director	16 June, 2025
6. Mr. Sunder Singh	Company Secretary	16 June, 2025
7. Mr. Nitin Dubey	Company Secretary	27 October, 2025
8. Mr. Ashok Chopra	Independent Director	28 January,2026
9. Ms. Anu Aggarwal	Company Secretary	23 February,2026
10. Mr. Abhishek Bhagwat Bharad	Non - Executive Non -Independent Director	30 March, 2026
11. Mr. Sandeep Dewan	Executive Director	30 March, 2026
12. Mrs. Supriya Mahesh Kadam	Independent Director	30 March, 2026

RESIGNATION OF DIRECTORS & KEY MANAGERIAL PERSONNEL

Name of Directors/KMP	Designation	Date of resignation
1. Mrs. Sheetal Jain	Managing Director	16 June, 2025
2. Mr. Tushar Rastogi	Independent Director	16 June, 2025
3. Mr. Sunder Singh	Company Secretary	14 October, 2025
4. Mr. Nitin Dubey	Company Secretary	01 December 2025
5. Mr. Mahesh Mahadeo Kadam	Independent Director	28 January,2026

NUMBER OF MEETINGS OF THE BOARD

During the period commencing from 1st April, 2025 and ending on 31st March, 2026, the board of directors of your company met on the following dates

Date of Meeting
1 28.04.2025
2 30.05.2025
3 16.06.2025
4 31.07.2025
5 12.08.2025
6 19.08.2025
7 26.08.2025
8 09.10.2025
9 27.10.2025
10 20.11.2025
11 08.12.2025
12 09.01.2026
13 28.01.2026
14 23.02.2026
15 30.03.2026

RISK MANAGEMENT

The Company has a Risk Management process which provides an integrated approach for managing the risks in various aspects of the business.

PARTICULARS OF LOANS, INVESTMENTS OR GUARANTEES UNDER SECTION 186 OF COMPANIES ACT, 2013

During the year under review, the Company has not advanced any loans/ given guarantees/ made investments covered under the provisions of Section 186 of the Companies Act, 2013, hence the said provision is not applicable.

RELATED PARTY TRANSACTIONS UNDER SECTION 188 OF COMPANIES ACT, 2013

All the transactions were made in the ordinary course of business. The provisions of Section 188 of the Companies Act, are therefore, not attracted.

The disclosure of Related Party Transaction as per AS-24 has provided in the Notes to Accounts to the Financials of the Company vide "Annexure-V".

AUDIT COMMITTEE UNDER SECTION 177 OF COMPANIES ACT, 2013

As per the provisions of Section 177 of the Companies Act, 2013, the Company is having the Audit Committee to oversee internal audit and control procedures, final accounts and reporting process. The committee comprises of three Non Executive Directors.

NOMINATION AND REMUNERATION COMMITTEE UNDER SECTION 178 OF COMPANIES ACT, 2013

As per section 178 of the Companies Act, 2013 and rules made there under, Company is having the Nomination and Remuneration Committee to look after the appointment, resignations and cessation of the employees of the Company and their remuneration. Nomination and Remuneration Committee comprises of three Non Executive Directors which recommend in the Board policy relating to remuneration of Directors, Key Managerial Personnel and other employees.

STAKEHOLDER RELATIONSHIP COMMITTEE

In compliance of Section 178 of the Companies Act, 2013 along with rules made there under, Company is having the Stakeholders Relationship Committee by the Board of Directors, to consider and resolve the grievances of security holders of the Company. The committee comprises of three Non-Executive Directors.

DISCLOSURE AS PER THE SEXUAL HARRASMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHOBITION AND REDRESSAL) ACT, 2013

The Company has a policy on prohibition, prevention and redressal of Sexual Harassment of women at workplace and matters connected there with or incidental there to covering all the aspects as contained under "The Sexual Harassment of women at workplace (Prohibition, Prevention and Redressal) Act, 2013".

During the Financial Year 2024-25, no complaint was received under the policy.

INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY

The Company has an Internal Control System, commensurate with its size, scale and complexity of its operations. Audit Committee reviews internal audit reports and oversees the internal control system of the Company.

REMUNERATION POLICY

The Company has a Nomination and Remuneration Policy for selection and appointment of Directors Key Managerial Personnel and their remuneration. A note on Nomination and Remuneration Policy has been made part of the Corporate Governance Report.

DIRECTORS RESPONSIBILITY STATEMENT

In terms of Section 134 of the Companies Act, 2013 with respect of Directors responsibility, it is hereby confirmed,

I. That in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material departures;

II. That the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit or loss of the Company for that period;

III. That the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

IV. That the directors had prepared the annual accounts on a going concern basis.

V. The directors have laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively.

VI. The directors have devised proper system to ensure compliance with the provisions of all applicable laws and that such system were adequate and operating effectively.

DECLARATION BY INDEPENDENT DIRECTOR

All Independent Directors of the Company have given declarations that they meet the criteria of independence as laid down under Section 149(6) of the Companies Act, 2013 and SEBI (LODR), Regulations, 2015.

INTERNAL AUDITOR

The Company has appointed M/s. S .Lal & Company, Chartered Accountants as Internal Auditor of the Company for the FY 20252026, who has conducted internal audit of the Company.

REPORTING OF FRAUD BY AUDITORS:

During the year under review, neither the statutory auditors nor the secretarial auditors has reported to the audit committee, under Section 143(12) of the Companies Act, 2013, any instances of fraud committed against the Company by its officers or employees, the details of which would need to be mentioned in the Boards Report.

DETAILS OF SUBSIDIARY/TOINT VENTURE/ASSOCIATE COMPANIES

During the year under review, no company became Subsidiary/Joint Venture/Associate of the Company.

SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS OR COURTS OR TRIBUNAL IMPACTING THE GOING CONCERN STATUS OF THE COMPANY

There are no such significant and / or material orders passed by the Regulators or Courts or Tribunal impacting the going concern status and Companys future.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

Pursuant to Section 135 of Companies Act, 2013, the Company doesnt have working status. Therefore, it is not required to constitute a CSR Committee.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNING & OUTGO:

The particulars relating to conservation of energy and technology absorption read with the Companies (Disclosure of Particulars in the Report of the Board of Directors) Rules, 1988 is enclosed herewith as Annexure-VI.

EXTRACT OF ANNUAL RETURN

Pursuant to the provisions of Section 92(3) of the Companies Act, 2013 read with Rule 12(1) of the Companies (Management and Administration) Rules, 2014, extract of annual return in Form MGT-9 is enclosed herewith as Annexure-VII.

CERTIFICATE ON NON-DISQUALIFICATION OF DIRECTORS

M/s Datt Ganesh & Associates, Practising Company Secretaries have certified that during FY 2025-26, none of the Directors of the Company have been debarred or disqualified from being appointed or continuing as Directors of the Companies by the Securities and Exchange Board of India (SEBI) or Ministry of Corporate Affairs (MCA) or any such authority. A certificate issued by M/s Datt Ganesh & Associates to that effect is attached as Annexure-VIII forming part of this report.

STOCK EXCHANGE LISTING:

The Equity Shares of your Company are listed at:

I. The Stock Exchange, Mumbai. (BSE);

I. The Calcutta Stock Exchange (Applied for the delisting of security)

CODE OF CONDUCT

The Company has in place a comprehensive Code of Conduct (the Code) applicable to all the employees and Non-executive Directors including Independent Directors. The Code is applicable to Non-executive Directors including Independent Directors to such extent as may be applicable to them depending on their roles and responsibilities. The Code gives guidance and support needed for ethical conduct of business and compliance of law. The Code has been circulated to Directors and Management Personnel, and its compliance is affirmed by them annually. A declaration signed by the Companys Directors is published in this Report.

INTERNAL FINANCIAL CONTROLS

The Company had laid down Internal Financial Controls and such internal financial controls are adequate with reference to the Financial Statements and were operating effectively.

DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

During the period under review, there were no applications made or any proceedings pending in the name of the Company under the Insolvency and Bankruptcy code, 2016.

DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE VALUATION DONE AT THE TIME OF ONE TIME SETTLEMENT AND THE VALUATION DONE WHILE TAKING LOAN FROM THE BANKS OR FINANCIAL INSTITUTIONS

During the period under review, there has been no onetime settlement of loans taken from bank and financial institutions

APPRECIATION & ACKNOWLEDGEMENT

Your Directors appreciate the valuable co-operation extended by the Companys Bankers, monitoring agencies & other Central and State Government departments, for their continued support. Your Directors place on record their wholehearted appreciation of your Companys employees at all levels. Your Directors also acknowledge with gratitude the backing of its shareholders.