RESPONINDNSEResponsive Industries Limited· Plastic And Plastic ProductsHighNegative
Announced Tue, 26 May · 15:05 IST

Responsive Industries Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

RESPONIND · price

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▲ 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
+11.4%1-day move
₹173.55
prior close
₹181.52
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+1.9+3.5+11.4+11.9+4.4+9.0+11.0+3.9+2.6+12.4+0.8
Up moveDown movePending
AI summary

Mr. Rishabh Agarwal has resigned from his positions as Non-Executive Non-Independent Director and Chairperson of Responsive Industries Limited, effective May 26, 2026 (end of business hours). The resignation was tendered on May 20, 2026 citing personal reasons. He has confirmed there are no material reasons, disputes, or concerns relating to the company's affairs or management. With this resignation, he will also cease to be a member of all board committees where he served as member or chairperson. The company has stated there are no pending dues, liabilities, or disputes between Mr. Agarwal and the company. He held no directorships in other listed entities.

Likely market impact

The departure of the Chairperson creates a leadership vacuum at the board level. Shareholders should monitor for the appointment of a new Chairperson and Non-Executive Director, as this could signal potential instability or strategic shifts in governance.