Responsive Industries Limited submitted a revised disclosure to BSE Limited and National Stock Exchange of India Limited regarding pledge activities by its Promoter Group entity, Fairpoint Tradecom LLP. This filing corrects previous disclosures dated June 08, 09, and 10, 2026.

Promoter Group Details

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

Specific Pledge Transactions

Transaction 1: Pledge Creation (June 4, 2026)
  • Number of Shares Pledged: 3,00,000
  • Percentage of Total Share Capital: 0.11%
  • Type of Encumbrance: Pledge
  • Reason: Collateral for Loan
  • In Favor Of: Mrs. Suman Gandhi
  • Post-Transaction Encumbered Shares: 77,69,971 shares (2.91% of total capital)
Transaction 2: Pledge Release (June 4, 2026)
  • Number of Shares Released: 1,00,000
  • Percentage of Total Share Capital: 0.04%
  • Type of Encumbrance: Pledge
  • Reason: Repayment
  • Released From: Imperial Solutions Private Limited
  • Post-Transaction Encumbered Shares: 76,69,971 shares (2.88% of total capital)
Transaction 3: Pledge Creation (June 8, 2026)
  • Number of Shares Pledged: 1,00,000
  • Percentage of Total Share Capital: 0.04%
  • Type of Encumbrance: Pledge
  • Reason: Collateral for Loan
  • In Favor Of: Mrs. Suman Gandhi
  • Post-Transaction Encumbered Shares: 77,69,971 shares (2.91% of total capital)
Transaction 4: Pledge Release (June 8, 2026)
  • Number of Shares Released: 3,20,000
  • Percentage of Total Share Capital: 0.12%
  • Type of Encumbrance: Pledge
  • Reason: Repayment
  • Released From: Imperial Solutions Private Limited
  • Post-Transaction Encumbered Shares: 74,49,971 shares (2.79% of total capital)

Signatories and Authentication

  • Responsive Industries Limited: Mehul Laljibhai Vala, Whole Time Director & CEO (DIN: 08361696), digitally signed on July 08, 2026
  • Fairpoint Tradecom LLP: Authorized Signatory, signed in Mumbai on July 07, 2026

Financial Impact

While the disclosure details changes in pledged shares, no specific financial impact quantification is provided regarding loan amounts, interest rates, or financial implications of these pledge transactions.