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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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.

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Response Informatics Corrects Q2 Consolidated Results, Addressing Rs. 27.75 Lakh Exchange Difference Omission

1 min read     Updated on 15 Nov 2025, 03:42 PM
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Reviewed by
Ashish TScanX News Team
Overview

Response Informatics Limited has disclosed a printing error in its Q2 consolidated financial results. An amount of Rs. 27.75 lakh, related to exchange differences on translating foreign operation statements, was accidentally omitted. The company has provided corrected standalone and consolidated unaudited financial results for Q2 and H1 ended September 30. Despite the error, Q2 revenue from operations was Rs. 682.40 lakhs, with a profit after tax of Rs. 24.75 lakhs. The H1 revenue stood at Rs. 1,298.23 lakhs, with a profit after tax of Rs. 11.26 lakhs. The company emphasized that the error does not impact the consolidated profit for the period.

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

Response Informatics Limited has disclosed a printing error in its Q2 consolidated financial results for the quarter ended September 30. The company reported that an amount of Rs. 27.75 lakh, pertaining to exchange differences on translating the financial statements of a foreign operation, was inadvertently omitted from the September 30 quarter column.

Correction Details

The company has clarified that this error was unintentional and does not impact the consolidated profit for the period. Response Informatics has provided corrected standalone and consolidated unaudited financial results for the second quarter and half year ended September 30 to address this oversight.

Financial Highlights

Despite the printing error, the company's financial performance for the quarter and half-year ended September 30 shows some interesting trends:

Particulars Q2 (Rs. in lakhs) H1 (Rs. in lakhs)
Revenue from Operations 682.40 1,298.23
Total Income 695.37 1,312.68
Total Expenses 639.65 1,263.17
Profit Before Tax 52.72 43.51
Profit After Tax 24.75 11.26

Key Observations

  1. Revenue Growth: The company reported a revenue from operations of Rs. 682.40 lakhs for Q2, contributing to a half-yearly revenue of Rs. 1,298.23 lakhs.

  2. Profitability: Despite the robust revenue, the profit after tax for Q2 stood at Rs. 24.75 lakhs, while the half-yearly profit was Rs. 11.26 lakhs.

  3. Exchange Differences: The corrected results now include the previously omitted Rs. 27.75 lakhs related to exchange differences on translating the financial statements of a foreign operation.

  4. Subsidiary Performance: The results include the performance of the company's wholly-owned subsidiary, Technologia Corporation Inc, USA, and another subsidiary, DataLabs AI Private Limited.

Response Informatics Limited has emphasized that the correction of this printing error ensures accurate representation of their financial position. The company continues to operate in the "Staffing Services" segment, as per the requirements of Ind AS 108 "Operating Segments".

Investors and stakeholders are advised to refer to the corrected financial statements for a comprehensive understanding of the company's performance for the quarter and half-year ended September 30.

Historical Stock Returns for Response Informatics

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.59%-25.05%-19.14%-51.14%+305.70%
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