La Opala RG Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.
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La Opala RG Limited has submitted a disclosure to the Exchange under Regulation 29(2) of SEBI's Takeover Regulations, 2011. This regulation requires acquirers or persons acting in concert to disclose changes in shareholding. The specific details of the transaction — including the acquirer's identity, whether shares were bought or sold, the number of shares involved, and the resulting shareholding percentage — were not included in the headline and are not visible in this filing extract.
Until the full disclosure details are reviewed, investors should look for the attached PDF or follow-up filings to understand whether this is a promoter, FII, or other substantial shareholder move. Reg 29(2) disclosures are routine compliance filings but can sometimes signal incremental stake-building or trimming near key thresholds.