Response Informatics Limited Receives BSE Trading Approval for 2,58,000 Equity Shares via Preferential Issue

1 min read     Updated on 29 Jan 2026, 06:36 PM
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Overview

Response Informatics Limited received BSE trading approval for 2,58,000 equity shares issued via preferential allotment at Rs. 10 face value with Rs. 68 premium. The shares, effective for trading from January 30, 2026, were issued to promoters pursuant to warrant conversion with distinctive numbers 8263403 to 8521402.

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*this image is generated using AI for illustrative purposes only.

Response Informatics Limited has secured trading approval from BSE Limited for equity shares issued through a preferential allotment. The company announced this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Approval Details

The BSE Limited granted trading approval dated January 29, 2026, for the company's preferential issue. The approval covers specific parameters outlined in the exchange communication.

Parameter Details
Number of Shares 2,58,000
Face Value Rs. 10 per share
Premium Rs. 68 per share
Distinctive Numbers 8263403 to 8521402
Effective Trading Date January 30, 2026

Preferential Allotment Structure

The equity shares were issued to promoters on a preferential basis pursuant to conversion of warrants. This represents a strategic move by the company to strengthen its capital structure through promoter participation.

The total issue value, calculated at Rs. 78 per share (face value plus premium), demonstrates the company's ability to raise capital at a premium to face value. The shares carry distinctive numbers from 8263403 to 8521402, indicating their specific identification within the company's share register.

Regulatory Compliance

Response Informatics Limited fulfilled all regulatory requirements for the preferential issue. The company's communication to BSE Limited included necessary documentation and compliance certificates required under SEBI regulations.

The BSE issued Notice No. 20260129-10 dated January 29, 2026, to inform trading members about the listing of these securities. This notice ensures market participants are aware of the additional shares available for trading.

Market Impact

The successful completion of the preferential issue and subsequent trading approval reflects the company's commitment to regulatory compliance and corporate governance. The conversion of warrants into equity shares provides the company with additional capital while maintaining promoter involvement in the business.

Historical Stock Returns for Response Informatics

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+2.96%-20.42%-22.20%-54.69%+286.28%

Response Informatics Corrects Promoter Name in Revised SEBI Pledge Disclosure

1 min read     Updated on 28 Nov 2025, 10:27 AM
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Reviewed by
Riya DScanX News Team
Overview

Response Informatics Limited has corrected its SEBI pledge disclosure for the third time, identifying Bhuvaneswari Seetharaman as the actual promoter who pledged 3,00,000 shares (3.66% stake) to Rahul Bajaj HUF for personal borrowings, after previously incorrect names in earlier disclosures.

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Response Informatics Limited has issued another revised disclosure under SEBI regulations on December 26, correcting a significant error in promoter identification. The company clarified that Bhuvaneswari Seetharaman is the actual promoter who pledged shares, not Sarita Suresh Bhumkar as previously mentioned in the December 15 disclosure.

Latest Corrected Pledge Transaction Details

The most recent disclosure provides the accurate information about the pledge transaction:

Parameter: Details
Promoter Name: Bhuvaneswari Seetharaman
Shares Pledged: 3,00,000
Pledge Creation Date: November 18, 2025
Pledged in Favor of: Rahul Bajaj HUF
% of Total Share Capital: 3.66%
Type of Encumbrance: Pledge
Reason for Pledge: Personal borrowings

Series of Disclosure Corrections

The company has made multiple corrections to its SEBI disclosures:

Disclosure Date: Promoter Name Mentioned Status
December 11: Bhagwan Bhumkar Suresh First correction
December 15: Sarita Suresh Bhumkar Incorrect name
December 26: Bhuvaneswari Seetharaman Final correction

Current Promoter Holdings Position

Bhuvaneswari Seetharaman's updated shareholding position shows:

Holding Details: Shares Percentage
Total Shares Held: 3,48,790 4.26%
Post-Event Encumbered Shares: 3,00,000 3.66%
Encumbrance Type: Pledge Personal borrowings

Regulatory Compliance Update

The revised disclosure under Regulation 31(1) of SEBI SAST regulations was submitted following BSE communication dated December 16. The company maintains that disclosure under Regulation 31(2) remains not required as specified criteria were not met. The IT software company with BSE scrip code 538273 continues to ensure regulatory compliance despite the series of name corrections in its pledge disclosures.

Historical Stock Returns for Response Informatics

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+2.96%-20.42%-22.20%-54.69%+286.28%

More News on Response Informatics

1 Year Returns:-54.69%