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 promoter group acquisition under SEBI Takeover Regulations. Genesis Exports Private Limited, along with PACs (members of the Jhunjhunwala family), bought 91,100 equity shares through the open market on February 20 and 23, 2026. This increases the promoter group's total holding in the company from 65.90% to 65.99% of the equity share capital. Genesis Exports' individual stake rose slightly from 46.69% to 46.77%. The total equity share capital of the company remains unchanged at 11,10,00,000 shares of Rs 2 each.
This is a routine open-market purchase by the promoter group, signaling continued promoter confidence in the company. The increase is marginal (0.09%), so it is unlikely to have a material impact on the stock price, but it reinforces promoter commitment at existing high ownership levels.