Responsive Industries: Promoter Group Creates Pledge on Shares
Responsive Industries Limited has disclosed that Fairpoint Tradecom LLP, a promoter group entity, has created a pledge on a portion of its equity shares. This action, reported on August 31, 2026, involves 75,95,971 shares, representing 2.85% of the total share capital, for margin trading purposes with Bajaj Financial Securities Limited. An additional 1,00,000 shares were pledged with Imperial Solutions Private Limited, and 4,00,000 shares with Virtue Financial Services Private Limited, all for loan collateral. The total encumbered shares by the promoter group amount to 3.69% of their holding.
Key Highlights
- Promoter group entity Fairpoint Tradecom LLP created a pledge on shares.
- Pledge created for margin trading and loan collateral purposes.
- 75,95,971 shares pledged with Bajaj Financial Securities.
- Additional pledges made with Imperial Solutions and Virtue Financial.
- Total encumbrance represents 3.69% of promoter group's shareholding.
Price Impact
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