Responsive Industries promoter group pledges shares for personal borrowing

Fairpoint Tradecom LLP, a promoter group entity, has disclosed the creation of a pledge involving 1.5 million shares of Responsive Industries Limited. The pledge, created on September 30, 2025, is in favor of Virtue Financial Services Private Limited for personal borrowing.

This encumbrance represents 0.56% of the total share capital of Responsive Industries Limited. Following this event, the promoter group's total encumbered shares stand at 3,499,971, which equates to 14.20% of their total promoter shareholding. The total promoter shareholding in the listed company is 24,650,000 shares, representing 9.25% of the total share capital.

The value of the shares on the date of the agreement was INR 275,850,000. Virtue Financial Services Private Limited is noted as an entity whose business activities are auxiliary to financial intermediation.