Responsive Industries promoter group pledges additional shares

Fairpoint Tradecom LLP, part of the promoter group of Responsive Industries Limited, disclosed the creation of a pledge on 1.5 million shares in favor of Virtue Financial Services Private Limited. This pledge, executed on September 30, 2025, represents 0.56% of the total share capital of Responsive Industries.

Prior to this event, Fairpoint Tradecom LLP held 2.465 million shares, equating to 9.25% of the total share capital, with 1,999,971 shares already encumbered. The new pledge increases the encumbered shares held by Fairpoint Tradecom LLP to 3,499,971, representing 14.20% of its shareholding. The shares were pledged for personal borrowing, with the value of shares on the date of the agreement at INR 275.85 million.

This transaction follows Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Virtue Financial Services Private Limited is described as engaging in activities auxiliary to financial intermediation.