Announced Thu, 9 Jul · 18:03 IST
Promoter group Fairpoint Tradecom LLP releases 1.74 lakh pledged shares
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
-1.4%1-day move
₹190.61
prior close
₹191.29
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.0-0.3-0.3-1.4-3.5+0.1-0.8+17.8-4.4————
Up moveDown movePending
AI summary
Fairpoint Tradecom LLP, part of the promoter group of Responsive Industries, released a pledge of 1,74,000 shares (0.06 percent of capital) on July 7, 2026. The pledge was held by Virtue Financial Services. After this release, encumbered promoter shares fell from 2.91 percent to 2.85 percent of total share capital. Total promoter holding remains at 2,46,50,000 shares or 9.25 percent.
Likely market impact
Release of pledged shares signals reduced financial obligation on the promoter. Minor in size at 0.06 percent of capital, so limited stock impact.