La Opala RG Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.
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La Opala RG Limited's promoter, Genesis Exports Private Limited, bought 35,000 equity shares (0.03% of paid-up capital) in the open market on March 16 and 17, 2026, on behalf of the promoter group and persons acting in concert. The disclosure was filed under SEBI Takeover Regulations. Genesis Exports' individual holding rose marginally from 46.87% to 46.90% of the company's share capital. The combined promoter group holding inched up from 66.08% to 66.11%, showing no meaningful change in promoter control. The total equity share capital of the company stands at 11 crore shares of Rs 2 each.
This is a very small promoter purchase with negligible impact on shareholding pattern or control. The total promoter holding remains comfortably above 66%, indicating no concerns about promoter stake dilution. Investors should view this as routine regulatory disclosure with no material price impact expected.