LAOPALANSELa Opala RG Limited· MiscellaneousLowNeutral
Announced Thu, 17 Jul · 16:11 IST

La Opala RG Limited has informed the Exchange regarding Intimation of the 38th Annual General Meeting of the Company scheduled to be held on Thursday, August 14, 2025 at 12:30 P.M. (IST) through VC/OAVM.

Board & Shareholder Meetings View source PDF

LAOPALA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

La Opala RG Limited has informed exchanges that its 38th Annual General Meeting (AGM) will be held on Thursday, August 14, 2025 at 12:30 PM IST via video conferencing. The Board has recommended a dividend of Rs. 7.50 per equity share (375% on face value of Rs. 2) for FY 2024-25, subject to shareholder approval at the AGM. The company has fixed Thursday, August 7, 2025 as the record/cut-off date to determine members eligible to vote at the AGM and to receive the dividend. The Annual Report and AGM Notice will be sent electronically to shareholders, and the dividend, if approved, will be paid within 30 days of declaration.

Likely market impact

Shareholders holding shares as of August 7, 2025 will be eligible for the Rs. 7.50 per share dividend, which represents a strong payout on the low face value. The confirmation of AGM and record date signals an orderly dividend distribution and gives investors clarity on timelines for participation and income.