Fairpoint Tradecom pledges shares with Timelink Agencies
Fairpoint Tradecom LLP pledged 3,20,000 shares of Responsive Industries Limited, raising encumbered promoter holding to 31.52%.

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Fairpoint Tradecom LLP, a promoter group entity of Responsive Industries Limited , has created a new pledge on 3,20,000 equity shares representing 0.12% of the total share capital. The encumbrance was created on June 10, 2026, in favor of Timelink Agencies Private Limited as collateral for a loan. The disclosure was submitted under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Following this transaction, the total encumbered shares held by the promoter group increased to 77,69,971 shares, or 2.91% of the total share capital. The total promoter holding in Responsive Industries Limited stands at 2,46,50,000 shares, accounting for 9.25% of the total share capital. Consequently, the percentage of promoter shareholding that is encumbered rose to 31.52%.
The filings confirm that Timelink Agencies Private Limited is not a scheduled commercial bank, public financial institution, NBFC, or housing finance company. Instead, it is classified under activities auxiliary to financial intermediation. The value of the shares pledged on the date of the event was recorded at ₹5,50,00,000. The borrowed amount is designated for personal use by the promoters and Persons Acting in Concert (PACs), with no benefit intended for the listed company.
Encumbrance Details
| Date | Event | Shares Pledged | % of Total Capital | Entity |
|---|---|---|---|---|
| 10.06.2026 | Creation | 3,20,000 | 0.12 | Timelink Agencies Private Limited |
Shareholding Summary
| Parameter | Value |
|---|---|
| Total Promoter Holding | 2,46,50,000 shares (9.25%) |
| Total Encumbered Shares (Post-event) | 77,69,971 shares (2.91%) |
| Encumbered % of Promoter Holding | 31.52% |
The disclosures were submitted by Mehul Vala, Whole Time Director & CEO of Responsive Industries Limited, and authorized signatories of Fairpoint Tradecom LLP. The encumbered shares do not constitute 50% or more of the promoter shareholding, nor do they amount to 20% or more of the total share capital of the company.
Historical Stock Returns for Responsive Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.45% | +9.80% | +11.12% | +8.86% | -11.94% | +46.90% |
How will the rising encumbrance ratio of promoter holdings impact investor confidence and the stock's liquidity?
What are the potential risks to Responsive Industries if the pledged shares face liquidation due to a default?
Could this increase in personal pledging indicate financial stress among the promoters that might affect corporate governance?































