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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On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.3 pts more than its Consumer Durables peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Genesis Exports Private Limited, part of the promoter group of La Opala RG Limited, bought 25,000 equity shares of the company through the open market on March 27, 2026. After this purchase, Genesis Exports' holding rose slightly from 46.91% to 46.94% of the equity share capital. The combined promoter and promoter group (PACs) holding increased marginally from 66.13% to 66.15%. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, which requires promoters to report changes in their shareholding. This is a very small acquisition (0.02% of share capital) and does not change the overall control structure of the company.
The promoter group continues to hold a strong majority stake of around 66%, confirming stable promoter control. The 25,000-share purchase is too small to materially affect share price or shareholder value, but signals mild promoter confidence in the company.