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An announcement from Responsive Industries Limited ( (IN:RESPONIND) ) is now available.
Responsive Industries Limited has notified the exchanges that a previously filed disclosure on the creation of a share pledge by promoter group entity Fairpoint Tradecom LLP contained a typographical error and has now been corrected. The revised filing clarifies the details of a pledge created on March 5, 2026 over a portion of Fairpoint Tradecom LLP’s shareholding, an administrative update that fine-tunes transparency around promoter encumbrances but does not indicate a change in overall ownership structure.
The updated disclosure specifies the number and percentage of shares encumbered, the nature of the encumbrance as a pledge, and notes that it is linked to personal borrowing by the promoter group entity. While largely technical in nature, the correction helps ensure accurate regulatory reporting under SEBI’s takeover regulations, providing clearer information to investors and maintaining compliance on promoter share pledging activity.
More about Responsive Industries Limited
Responsive Industries Limited operates in the manufacturing sector and is listed on both BSE and the National Stock Exchange of India. The company’s equity is closely held by a promoter group that includes Fairpoint Tradecom LLP, whose share encumbrances are periodically disclosed to the market in line with Indian securities regulations.
Average Trading Volume: 25,789
Technical Sentiment Signal: Hold
Current Market Cap: 45.02B INR
Find detailed analytics on RESPONIND stock on TipRanks’ Stock Analysis page.