Responsive Industries Limited has informed the Exchange regarding 'Disclosure for creation of pledge by Promoter Group of the Company'.
RESPONIND · price
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Fairpoint Tradecom LLP, part of the promoter group of Responsive Industries, has created a pledge on 3,00,000 shares (1.22% of total share capital) in favour of OJ Financial Services Limited. The pledge was created on 20 February 2026 for personal borrowing by the promoter entity. Post this pledge, total encumbered shares of Fairpoint Tradecom LLP stand at 37,99,971 shares, representing 15.41% of its holding in the company. The value of the newly pledged shares on the date of the event was approximately Rs. 5.46 crore.
This is a relatively small pledge creation for personal borrowing by one promoter group entity. Encumbered shares remain well below the 50% promoter holding threshold and below the 20% of total share capital threshold, so no regulatory concern is triggered. Retail investors may view it as routine but should watch for any further pledging activity.