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

Mavi Business Ventures LLP, a part of the Promoter Group of Responsive Industries Limited, has opted to withdraw its application for reclassification from the Promoter category to the Public category. This decision comes after prior requests from outgoing promoters to revise their shareholding status. The company has submitted a partial withdrawal application to the stock exchanges, meaning only the reclassification requests from Mr. Atit Agarwal, Mrs. Swati Agarwal, and Efficient Builders LLP will be processed. This development suggests a continuity in the governance structure, which may provide stability and confidence to investors. Watch closely for any further updates on the reclassification status that could affect shareholder dynamics.