LAOPALANSELa Opala RG Limited· MiscellaneousMediumNeutral
Announced Sat, 30 May · 17:50 IST

La Opala RG Limited has informed the Exchange regarding Appointment of Ms. Suparna Chakrabortti as Non- Executive Independent Director of the Company for a second term of 5 consecutive years commencing from January 27, 2027, subject to the approval of the shareholders at the ensuing 39th AGM of the Company.

Management Changes View source PDF

LAOPALA · price

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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹179.00
prior close
₹176.64
base price
After-mkt
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AI summary

La Opala RG Limited reported audited financial results for Q4 and FY ended March 2026. Total income for FY26 declined to Rs. 34,126.02 Lakhs from Rs. 37,959.77 Lakhs in FY25, while Profit After Tax stood at Rs. 9,230.25 Lakhs versus Rs. 9,658.52 Lakhs in the prior year. The Board recommended a dividend of Rs. 5 per share (250%) for FY2025-26, subject to shareholder approval at the 39th AGM. Ms. Suparna Chakrabortti has been re-appointed as Non-Executive Woman Independent Director for a second term of 5 years commencing January 27, 2027, pending shareholder approval. Statutory auditors Singhi & Co. issued an unmodified opinion on the financial results. Internal auditors M/s S. S. Kothari Mehta & Co. LLP were also re-appointed for FY2026-27.

Likely market impact

The company reported lower revenue and profits year-on-year due to geopolitical headwinds affecting investment income and challenging operating conditions. However, the clean audit opinion and continuation of dividend at Rs. 5/share provide stability for investors. The re-appointment of an experienced independent director with strong financial and governance credentials supports board continuity.