Responsive Industries Limited Discloses Promoter Group Pledge of Shares
Responsive Industries Limited announced on March 31, 2026, that Fairpoint Tradecom LLP, a Promoter Group entity, has created a pledge of shares. The disclosure was made in accordance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Fairpoint Tradecom LLP holds 2,46,50,000 shares, representing 9.25% of Responsive Industries Limited's total share capital. A total of 7,20,000 shares, constituting 0.27% of the company’s outstanding shares, are now pledged.
The shares were pledged to Imperial Solutions Private Limited. The reason for the encumbrance is personal borrowing.
Here's a summary of the details in a table:
| Detail | Value |
|---|---|
| Name of Listed Company | Responsive Industries Limited |
| Name of Promoter Group | Fairpoint Tradecom LLP |
| Total Promoter Shareholding | 2,46,50,000 shares (9.25% of total share capital) |
| Encumbered Shares | 7,20,000 shares (0.27% of total share capital) |
| Entity in Whose Favor Shares are Encumbered | Imperial Solutions Private Limited |
| Reason for Encumbrance | Personal borrowing |
The value of the shares on the date of the event was ₹9,12,24,000.
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