Promoter group creates pledge on Responsive Industries shares
RESPONIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 0.2 pts more than its Furniture Home Furnishing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Fairpoint Tradecom LLP, part of the promoter group (holding 9.25% or 2.46 crore shares), created three separate pledges on equity shares between August 18 and 19, 2026. Total shares pledged: 15 lakh (0.57% of total share capital). Reasons: 10 lakh shares pledged with Bajaj Financial Securities for margin trading funding; 1 lakh with Imperial Solutions as loan collateral; 4 lakh with Virtue Financial Services as loan collateral. Total encumbered value about Rs 23.85 crore. Encumbered shares are 6.08% of promoter holding and well below the 50% disclosure threshold.
Pledge creation is small (0.57% of equity, about 6% of promoter holding). No 50% threshold breach, so limited concern for shareholders at this stage.