Responsive Industries Limited announced the resignation of Dr. Anita Shantaram (DIN: 00786517) from her position as Non-Executive Independent Director, effective November 5, 2025. The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Resignation

• Effective Date: Close of business hours on November 5, 2025
• Reason: Personal reasons and unavoidable circumstances
• Additional Positions Vacated:
  • Member of the Nomination and Remuneration Committee
  • Member of the Stakeholders Relationship Committee
  • Member of the Corporate Social Responsibility Committee

Board's Response

The Board of Directors of Responsive Industries Limited expressed their appreciation for Dr. Shantaram's valuable contributions and guidance during her tenure as an Independent Director.

Other Directorships

Dr. Shantaram continues to hold independent directorships in other listed entities:

Dr. Shantaram confirmed that there are no material reasons for her resignation other than those mentioned in her resignation letter. The company has made the resignation letter available on its website at www.responsiveindustries.com .

Responsive Industries Limited has informed the appropriate stock exchanges of this development, in line with regulatory requirements.

Responsive Industries , a company listed on both the BSE Limited and the National Stock Exchange of India Limited, has reported that Fairpoint Tradecom LLP, a promoter group entity, has created a pledge on 15 lakh shares of the company, according to a recent disclosure.

Pledge Details

The pledge, created on September 30, 2025, involves 15,00,000 shares of Responsive Industries, representing 0.56% of the company's total share capital. The shares were pledged in favor of Virtue Financial Services Private Limited, a company engaged in activities auxiliary to financial intermediation.

Impact on Promoter Shareholding

The encumbered shares account for 9.25% of the total promoter shareholding in Responsive Industries. This pledge brings the total encumbered shares as a percentage of promoter shareholding to 14.20%, which is significant but still below critical thresholds:

• It does not exceed 50% of the promoter shareholding
• It remains below 20% of the total share capital of the company

Purpose of the Pledge

According to the disclosure, the borrowed amount against the pledged shares is intended for personal use by the promoters.

Regulatory Compliance

The disclosure was made in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and the master circular dated February 16, 2023, issued by SEBI. This transparency is crucial for investors to understand the changing dynamics of promoter holdings and potential risks associated with share pledges.

Financial Implications

While the pledge itself does not immediately impact the company's operations, it does highlight potential financial activities of the promoter group. Investors may want to monitor this situation closely, as any default on the loan against which these shares are pledged could lead to a change in shareholding patterns or impact market sentiment.

The creation of this pledge underscores the importance of scrutinizing promoter actions and their potential implications for the company and its shareholders. As always, investors are advised to consider such developments as part of their overall assessment of the company's financial health and governance practices.