Fairpoint Tradecom pledges shares with Timelink Agencies

1 min read     Updated on 16 Jun 2026, 04:46 AM
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Jubin VScanX News Team
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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 Day5 Days1 Month6 Months1 Year5 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?

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Responsive Industries disclosures under SEBI SAST for FY26

1 min read     Updated on 03 Jun 2026, 04:09 AM
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Anirudha BScanX News Team
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Responsive Industries Limited filed disclosures with stock exchanges regarding shareholding by its promoter and promoter group for the financial year ending March 31, 2026. The filing was made under Regulation 30 and 31 of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The promoter group confirmed that no new encumbrances were created on the shares held during the financial year.

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responsive industries submitted disclosures to BSE Limited and the National Stock Exchange of India Limited regarding shareholding changes within its promoter group for the financial year ending March 31, 2026. The filing, dated April 07, 2026, was made in compliance with Regulation 30 and 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosures provide transparency on the shareholding patterns of key stakeholders as of the fiscal year-end.

The submission was signed by Mehul Laljibhai Vala, Whole Time Director & CEO of Responsive Industries Limited. The enclosed details covered the holdings of ten entities and individuals associated with the promoter group. The specific entities included Wellknown Business Ventures LLP, Fairpoint Tradecom LLP, Efficient Builders LLP, and Mavi Business Ventures LLP, along with individual shareholders Mrs. Swati Agarwal, Mr. Atit Agarwal, Mr. Rishabh Agarwal, Mrs. Rohini Rishabh Agarwal, Mrs. Saudamini Agarwal, and Mr. Abhishek Agarwal.

In addition to the shareholding data, the promoter group provided a declaration concerning the status of the shares held. Under Regulation 31(4) of the SEBI SAST Regulations, the signatories confirmed that they, along with persons acting in concert, had not created any encumbrance over the shares held directly or indirectly during the financial year ended March 31, 2026, other than those previously disclosed.

The following table lists the entities and individuals included in the disclosure:

Entity / Individual Name
Wellknown Business Ventures LLP
Fairpoint Tradecom LLP
Efficient Builders LLP
Mavi Business Ventures LLP
Mrs. Swati Agarwal
Mr. Atit Agarwal
Mr. Rishabh Agarwal
Mrs. Rohini Rishabh Agarwal
Mrs. Saudamini Agarwal
Mr. Abhishek Agarwal

The filing was formally acknowledged by Swati, the Authorised Signatory for Wellknown Business Ventures LLP, on behalf of all Promoter and Promoter Group members. The exchanges were requested to place the information on record.

Historical Stock Returns for Responsive Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.45%+9.80%+11.12%+8.86%-11.94%+46.90%

How might these shareholding changes influence the company's strategic direction in the coming fiscal year?

What potential market reactions could arise from the increased transparency in promoter group holdings?

Could the lack of encumbrances on shares signal upcoming expansion plans or capital raising activities?

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