La Opala RG Limited has informed the Exchange regarding ''Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.
LAOPALA · price
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Awaiting price reaction for this filing.
Promoters and Promoter Group of La Opala RG Limited acquired 72,000 equity shares in the open market on February 18 and 19, 2026. Genesis Exports Private Limited bought 63,000 shares, Ajit Jhunjhunwala bought 7,000 shares, and Gyaneshwari Devi Jhunjhunwala bought 2,000 shares. This pushed the combined promoter and PAC (Persons Acting in Concert) holding from 65.84% to 65.90% of the company's paid-up equity capital. The disclosure was made under Regulation 29(2) of SEBI Takeover Regulations, meaning the cumulative promoter group holding crossed the 65% mark requiring intimation to the exchanges.
This is a small open-market purchase (just 0.06% of equity) by the promoter group, signalling continued confidence in the company. It is unlikely to move the stock price meaningfully but reassures retail investors of promoter conviction.