The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 26, 2025 for Mrs. Bhuvaneswari Seetharaman
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Promoter Mrs. Bhuvaneswari Seetharaman has created a pledge on 3,00,000 equity shares (3.66% of total share capital) of Response Informatics Ltd in favor of Rahul Bajaj HUF. The pledge was created on November 18, 2025, with the disclosure reported to the exchange on November 26, 2025. Before this event, she held 3,48,790 shares (4.26% of the company), of which 4.13% was already encumbered. This is a disclosure under SEBI's SAST Regulations for encumbrance of promoter shares.
Promoter pledging shares is generally viewed cautiously by investors as it raises the financial leverage of the promoter. However, since the pledged quantity is relatively small (3.66%) and the promoter's overall holding is modest (4.26%), the immediate impact on the stock is likely limited.