RESPONINDNSEResponsive Industries Limited· Plastic And Plastic ProductsHighNegative
Announced Tue, 26 May · 15:04 IST

Responsive Industries Limited has informed the Exchange regarding Resignation of Mr as Non- Executive Director of the company w.e.f. May 26, 2026.

Director Flagged GovernanceManagement Changes View source PDF

RESPONIND · price

Loading chart…

▲ 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
₹183.17
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.5+1.3+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 (DIN: 05011607) has tendered his resignation as Non-Executive Non-Independent Director and Chairperson of Responsive Industries Limited, effective May 26, 2026 (end of business hours). He is also stepping down from all committee memberships where he served as member or chairperson. The resignation letter was dated May 20, 2026. The reason stated is personal reasons only, with no material reasons, disputes, or concerns relating to the Company's affairs or management. Mr. Agarwal confirmed he is not disqualified under the Companies Act, 2013 and there are no pending dues or liabilities between him and the Company. The Board expressed gratitude for his guidance and valuable contribution during his tenure.

Likely market impact

The resignation of the Chairperson creates a leadership gap at the board level. Since the person confirmed no disputes or governance concerns, the market impact may be limited unless further announcements clarify succession plans.