Responsive Industries Limited Discloses Promoter Group Share Pledge
Responsive Industries Limited announced that Fairpoint Tradecom LLP, a promoter group entity, has created a pledge on its shares. The disclosure was made on March 24, 2026, following a pledge event that occurred on March 20, 2026.According to a filing, Fairpoint Tradecom LLP pledged a total of 6,00,000 equity shares, representing 0.11% of the company’s total share capital, in favor of Virtue Financial Services Limited and Imperial Solutions Private Limited.
As of March 23, 2026, Fairpoint Tradecom LLP held 2,46,50,000 shares, representing 9.25% of the total share capital of Responsive Industries Limited. The total promoter shareholding that is currently encumbered represents 26.17% of the total promoter shareholding.
The purpose of the pledge is for personal borrowing.
Here's a summary of the pledge details in a table format:
| Detail | Value |
|---|---|
| Listed Company | Responsive Industries Limited |
| Promoter Group | Fairpoint Tradecom LLP |
| Total Promoter Shareholding | 2,46,50,000 shares (9.25% of total share capital) |
| Shares Encumbered | 6,00,000 shares (0.11% of total share capital) |
| Entity in Whose Favor Shares are Encumbered | Virtue Financial Services Limited and Imperial Solutions Private Limited |
| Reason for Encumbrance | Personal Borrowing |
Fairpoint Tradecom LLP is located in Mumbai, Maharashtra. Swati Agarwal, Designated Partner, signed the disclosure.
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