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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La Opala RG Limited informed the exchanges about a disclosure filed by one of its promoters, Genesis Exports Private Limited, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Genesis Exports acquired 62,900 equity shares of the company through open market purchases on February 24 and 25, 2026, on behalf of the promoter group and persons acting in concert (PACs). After this acquisition, Genesis Exports' individual holding rose from 46.77% to 46.83%, while the combined promoter and PAC group holding increased marginally from 65.99% to 66.04% of the company's equity share capital. The company's total equity share capital remains 11,00,00,000 shares of Rs 2 each.
This is a small open-market purchase by the promoter group, signalling continued promoter confidence in the company. The promoter group remains firmly in majority control at 66.04%, and the marginal 0.05% increase is unlikely to have any material impact on the stock price.