Shareholding10 Jun 2026, 12:08 pm
Responsive Industries: Promoter Pledge Creation & Release
AI Summary
Responsive Industries Ltd has filed disclosures regarding the creation and subsequent release of pledge on equity shares by its promoter group, Fairpoint Tradecom LLP. The disclosures were made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Specifically, Fairpoint Tradecom LLP created a pledge on 7,469,971 shares on June 4, 2026, as collateral for a loan, and subsequently released a pledge on 1,000,000 shares on the same date. Another pledge creation was reported on June 8, 2026, involving 1,000,000 shares.
Key Highlights
- Promoter group Fairpoint Tradecom LLP involved in pledge creation and release.
- Pledge creation occurred on June 4 and June 8, 2026.
- Shares were pledged as collateral for loans.
- Disclosures made as per SEBI (SAST) Regulations, 2011.
- Total promoter holding stands at 9.25% of total share capital.
Price Impact
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