HOMRE Ltd Sets Floor Price at ₹22.31 for Preferential Issue

HOMRE Ltd has announced the determination of the floor price for its proposed preferential issue of fully convertible warrants. The relevant date for this determination is August 25, 2026. The floor price has been set at ₹22.31 per warrant, with each warrant convertible into one equity share of face value ₹1. The company plans to issue 5,41,12,553 warrants, potentially leading to the issuance of an equal number of equity shares. The aggregate consideration expected from this issue is ₹12,49,99,997. This preferential issue is subject to necessary statutory, regulatory, and other approvals.