StockWatch
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Furniture- Home Furnishing
Shareholding9 Jul 2026, 05:50 pm

Responsive Industries: Promoter Group Releases Pledge on Shares

AI Summary

Responsive Industries Ltd has announced the release of a pledge on equity shares held by Fairpoint Tradecom LLP, a promoter group entity. The release pertains to 1,74,000 shares, representing 0.06% of the total share capital. This action was taken following the repayment of a loan, with Virtue Financial Services Private Limited being the entity in whose favor the shares were previously encumbered. The disclosure is made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Promoter group Fairpoint Tradecom LLP released pledge on shares.
  • 1,74,000 shares (0.06% of total capital) were released.
  • Pledge release due to repayment of loan.
  • Disclosure complies with SEBI Takeover Regulations.