Fairpoint Tradecom LLP, a promoter group entity of Responsive Industries Limited, created a pledge of 6,00,000 equity shares on March 20, 2026.
Shares were pledged in two tranches of 3,00,000 each in favour of Virtue Financial Services Limited and Imperial Solutions Private Limited for personal borrowing.
Post-pledge, total encumbered promoter shares rose to 70,49,971, representing 28.60% of Fairpoint's promoter holding of 2,46,50,000 shares (9.25% of total capital).