Responsive Industries has appointed Bajrang Lal Bajaj as a Non-Executive Independent Director with immediate effect from July 24, 2026. The appointment strengthens the company’s governance structure and brings over 35 years of experience in mergers and acquisitions, growth strategy, and cross-border business advisory to the Board. This move is subject to the approval of the shareholders of the Company at an ensuing general meeting.

The Board of Directors approved the appointment during a meeting held on Friday, July 24, 2026, which commenced at 03.15 P.M. and concluded at 05.00 P.M. The decision was taken pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("SEBI LODR Regulations"). The appointment follows the recommendation of the Nomination and Remuneration Committee of the Company.

Bajrang Lal Bajaj, bearing DIN 00041909, joins as an Additional Non-Executive Independent Director. His profile highlights extensive expertise in divestments, acquisitions, private equity investments, joint ventures, and long-term strategic growth. The company confirmed that Mr. Bajaj is not related to any existing director of the Company and is not debarred from holding office as a director by virtue of any SEBI order or any other such authority.

Appointment Details

The disclosure was made in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. Additionally, the company adhered to Circular No. LIST/COMP/14/2018-19 issued by BSE Limited and NSE/CML/2018/02 dated June 20, 2018 issued by National Stock Exchange of India Limited (NSE), regarding the disclosure of information concerning changes in board composition.

A copy of the intimation has been made available on the Company's website at www.responsiveindustries.com . The communication was signed by Jayesh Jain, Company Secretary & Compliance Officer, on July 24, 2026.

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.