Fairpoint Tradecom LLP, a promoter group entity of Responsive Industries Limited , has modified its shareholding pledges by creating and releasing encumbrances on 4.32 lakh equity shares between June 4 and June 9, 2026. The disclosures, submitted under Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detail a series of transactions where shares were pledged as collateral for personal loans and subsequently released. The total promoter holding stands at 2,46,50,000 shares, representing 9.25% of the total share capital.

The transactions involved three specific events. On June 4, 2026, the entity created a pledge on 3,00,000 shares, representing 0.11% of the total share capital, in favor of Mrs. Suman Gandhi to secure a personal loan. On the same date, a pledge on 1,00,000 shares, or 0.04% of the capital, was released in favor of Imperial Solutions Private Limited. Subsequently, on June 8, 2026, an additional pledge was created on 1,00,000 shares in favor of Mrs. Suman Gandhi. Following these events, the total encumbered shares held by the promoter group adjusted to 74,49,971 shares, or 2.79% of the total share capital.

The disclosures confirm that the entities involved in the encumbrances, Mrs. Suman Gandhi and Imperial Solutions Private Limited, are not scheduled commercial banks, public financial institutions, NBFCs, or housing finance companies. Instead, they are classified under activities auxiliary to financial intermediation. The value of the shares pledged on the respective dates was recorded at ₹5,74,05,000 and ₹1,80,00,000. The borrowed amounts are designated for personal use by the promoters and Persons Acting in Concert (PACs), with no benefit intended for the listed company.

Encumbrance Details

Shareholding Summary

The filings 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.

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:

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.