Promoter group releases pledge over 999,970 shares
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On the reaction day the stock moved 1.5 pts less than its Furniture Home Furnishing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Fairpoint Tradecom LLP, a promoter group, reported releasing a pledge over 999,970 Responsive Industries shares, equal to 0.38% of total share capital, on November 3, 2026. The shares were pledged to Central Depository Services (India) Limited for margin funding. Promoter holding was 9.25%, with pledged shares falling to 3.04% of company capital.
The pledge release lowers pledged promoter shares to 3.04% of company capital and may support sentiment, but it is not a promoter purchase.