Stock Symbol

RESPONIND (NSE)

Key Quantitative Figures & Transactions

Promoter Group Holding Overview

  • Promoter Entity: Fairpoint Tradecom LLP (Promoter Group)
  • Total Shareholding: 2,46,50,000 equity shares
  • Percentage of Total Paid-up Capital: 9.25%

Detailed Chronology of Pledge Events

1. Transaction Date: June 04, 2026

  • Event Type: Creation of Pledge
  • Number of Shares Pledged: 3,00,000
  • Percentage of Total Capital: 0.11%
  • Pledgee: Mrs. Suman Gandhi
  • Reason for Encumbrance: Collateral for Loan
  • Security Cover Value: Rs. 5,74,05,000
  • Post-Event Encumbered Holding: 77,69,971 shares (2.91% of total capital)

2. Transaction Date: June 04, 2026

  • Event Type: Release of Pledge
  • Number of Shares Released: 1,00,000
  • Percentage of Total Capital: 0.04%
  • Pledgee (from whom released): Imperial Solutions Private Limited
  • Reason for Release: Not Applicable (NA)
  • Post-Event Encumbered Holding: 76,69,971 shares (2.88% of total capital)

3. Transaction Date: June 08, 2026

  • Event Type: Creation of Pledge
  • Number of Shares Pledged: 1,00,000
  • Percentage of Total Capital: 0.04%
  • Pledgee: Mrs. Suman Gandhi
  • Reason for Encumbrance: Collateral for Loan
  • Security Cover Value: Rs. 1,80,00,000
  • Post-Event Encumbered Holding: 77,69,971 shares (2.91% of total capital)

4. Transaction Date: June 08, 2026 (Reported on June 09, 2026)

  • Event Type: Release of Pledge
  • Number of Shares Released: 3,20,000
  • Percentage of Total Capital: 0.12%
  • Pledgee (from whom released): Imperial Solutions Private Limited
  • Reason for Release: Not Applicable (NA)
  • Security Cover Value: Rs. 5,43,77,600
  • Post-Event Encumbered Holding: 74,49,971 shares (2.79% of total capital)

Summary of Encumbrance Status (as of June 09, 2026)

  • Total Encumbered Shares: 74,49,971 shares
  • Encumbered as % of Promoter Holding: 30.22%
  • Encumbered as % of Total Capital: 2.79%
  • Is encumbered share 50% or more of promoter shareholding? No
  • Is encumbered share 20% or more of total share capital? No

Parties Involved

  • Disclosing Promoter: Fairpoint Tradecom LLP (LLPIN: AAA-3299)
  • Listed Company: Responsive Industries Limited (CIN: L65100MH1982PLC027797)
  • Pledgees: Mrs. Suman Gandhi and Imperial Solutions Private Limited
  • Stock Exchanges: BSE Limited and National Stock Exchange of India Limited

Purpose/Rationale

All pledge creation events were explicitly for "Collateral for Loan". The released pledges were marked "NA" for reason. The end-use of the borrowed funds was disclosed as "Personal use by promoters and PACs".

Financial Impact

Specific loan amounts against which shares were encumbered were not disclosed in the filing (Amount involved (B) was marked "-"). However, the value of the shares provided as security cover was disclosed for each transaction.

Capital Structure Impact

The transactions involve changes in the encumbered portion of the promoter group's existing shareholding only. There is no change to the total number of shares issued or the promoter's total ownership percentage (9.25%). The transactions affect the liquidity of the promoter's holding.