Fairpoint Tradecom LLP, part of the promoter group of Responsive Industries , has released a pledge on 1,74,000 equity shares, reducing the encumbered holding within the promoter group. The release, executed on July 07, 2026, accounts for 0.06% of the total share capital of the company and was undertaken following the repayment of obligations to Virtue Financial Services Private Limited.

The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited on July 08, 2026, in compliance with Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing was signed by Mehul Vala, Whole Time Director & CEO of Responsive Industries Limited.

Prior to this transaction, Fairpoint Tradecom LLP held a total promoter stake of 2,46,50,000 shares, representing 9.25% of the total share capital. Following the release of the pledge, the total number of encumbered shares held by the promoter group stands at 75,95,971. The encumbered shares now constitute 30.81% of the promoter's total shareholding, a decrease from the previous level.

The table below details the changes in the shareholding pattern and encumbrance status following the release event.

The funds raised against the original pledge were utilized for personal use by the promoters and PACs, as stated in the disclosure. The value of the shares on the date of the agreement was recorded at ₹3,67,83,600. The company confirmed that the encumbered shares do not constitute 50% or more of the promoter's shareholding, nor do they amount to 20% or more of the total share capital of Responsive Industries Limited.

Responsive Industries reported a 25.4% decline in consolidated net profit to ₹14,842.70 lakh for the financial year ended March 31, 2026. The company's revenue from operations for the year stood at ₹1,39,411.82 lakh, a decrease from ₹1,41,791.19 lakh in the previous year. The board of directors, meeting on May 26, 2026, approved the audited standalone and consolidated financial results and recommended a final dividend of Re. 0.10 per equity share for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

For the quarter ended March 31, 2026, the company recorded a consolidated net profit of ₹2,282.28 lakh, a significant drop from ₹5,424.87 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter rose to ₹43,033.99 lakh from ₹38,066.05 lakh in Q4FY25. Total income for the quarter was ₹43,311.16 lakh. The statutory auditors, M/s. Shah & Taparia, issued an unmodified opinion on the audited standalone and consolidated financial results.

Consolidated Financial Performance

The consolidated financial results for the year ended March 31, 2026, reflect a contraction in profitability despite operational activity. Total income for the year decreased to ₹1,40,419.34 lakh from ₹1,42,632.46 lakh in FY25. Total expenses increased to ₹1,24,928.43 lakh from ₹1,21,654.66 lakh in the prior year. Profit before tax for the year stood at ₹15,436.78 lakh, down from ₹20,977.80 lakh in the previous year. The company reported an exceptional item of ₹54.13 lakh for the year related to the statutory impact of new Labour Codes.

Standalone Results and Segment Reporting

On a standalone basis, the company reported a net profit of ₹1,407.66 lakh for FY26, a sharp decline from ₹3,172.18 lakh in the previous year. Revenue from operations for the standalone entity decreased to ₹54,115.12 lakh from ₹55,573.89 lakh in FY25. For the quarter ended March 31, 2026, standalone net profit was ₹191.23 lakh compared to ₹544.28 lakh in the same period last year. The company noted that its primary business segment consists of articles made out of PVC and polymers, and therefore, the disclosure requirements of Ind AS – 108 regarding operating segments are not applicable.

Dividend Declaration

The Board of Directors has recommended a final dividend of Re. 0.10 per equity share, equivalent to 10% of the face value of Re. 1/- each, for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the company's 44th Annual General Meeting. The record date for the dividend will be announced in due course. The paid-up equity share capital of the company remains at ₹2,666.09 lakh.