Responsive Industries Limited — Important, 16-01-2025: Updates

Mavi Business Ventures LLP has opted to withdraw its reclassification application, remaining within the Promoter Group of Responsive Industries Limited. Previously, Mr. Atit Agarwal, Mrs. Swati Agarwal, and Efficient Builders LLP had sought to change their shareholding status to the public category. Consequently, the company has submitted a partial withdrawal to the stock exchanges, now indicating that only the aforementioned promoters will proceed with their reclassification request. This development could stabilize the Promoter Group's structure and may impact future governance and shareholder relations. Investors should monitor this situation closely for any further updates.