Promoter group Fairpoint Tradecom LLP pledges 3.2 lakh shares as collateral
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Fairpoint Tradecom LLP, part of the promoter group of Responsive Industries, has created a pledge on 3,20,000 shares (0.12% of total share capital) on June 10, 2026, with Timelink Agencies Pvt Ltd as pledgee, as collateral for a loan. The pledged shares are valued at Rs. 5.5 crore. Post-pledge, total encumbered promoter shares stand at 77,69,971 (2.91% of capital), which is 31.52% of the promoter group's overall holding — well below the 50% mark.
Minor pledge creation at 0.12% of capital; promoter encumbrance at 31.52% of their holding, below 50% threshold. Limited immediate concern.