Shareholding5 Nov 2026, 04:20 pm
Responsive Industries: Fairpoint Tradecom LLP Releases 9,99,970 Shares from Pledge
AI Summary
Responsive Industries Limited announced that Fairpoint Tradecom LLP, a promoter group entity, has released a pledge on 9,99,970 equity shares. This release represents 0.38% of the total share capital. Following the release, Fairpoint Tradecom LLP's holding in the company has changed from 9.25% (2,46,50,000 shares) before the transaction to 3.41% (9,99,970 shares) after the transaction. The reason cited for the original pledge was margin funding for trading on the stock exchange.
Key Highlights
- Promoter group entity Fairpoint Tradecom LLP released shares from pledge.
- 9,99,970 shares (0.38% of total capital) were released.
- Holding changed from 9.25% to 3.41% post-release.
- Pledge was for margin funding for trading activities.
Price Impact
More from RESPONIND