Announced Mon, 15 Jun · 12:23 IST
Promoter group Fairpoint Tradecom LLP pledges 3.2 lakh shares as collateral
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
₹178.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.1-0.1+0.2+1.0+2.1+6.4+9.1+12.2+17.6+22.2+9.5——
Up moveDown movePending
AI summary
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.
Likely market impact
Minor pledge creation at 0.12% of capital; promoter encumbrance at 31.52% of their holding, below 50% threshold. Limited immediate concern.