Announced Mon, 15 Jun · 12:26 IST
Promoter Group Fairpoint Tradecom LLP creates pledge on 3.2 lakh shares
Ownership Changes View source PDF
RESPONIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹174.30
prior close
₹178.78
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.4-0.0-0.3+1.0+2.1+6.4+9.1+12.2+17.6+22.2+9.5——
Up moveDown movePending
AI summary
Fairpoint Tradecom LLP (Promoter Group) of Responsive Industries has pledged 3,20,000 shares (0.12% of total share capital) to Timelink Agencies Pvt Ltd as collateral for a loan, with shares valued at Rs. 5.5 crore. Post-pledge, total encumbered promoter shares stand at 77,69,971 (2.91% of total share capital; 31.52% of promoter holding). The encumbrance is below 50% of promoter holding and below 20% of total share capital.
Likely market impact
Pledged shares are 31.52% of promoter holding and 2.91% of total share capital — not a major risk signal currently.