LAOPALANSELa Opala RG Limited· MiscellaneousLowNeutral
Announced Thu, 14 Aug · 17:42 IST

La Opala RG Limited has informed the Exchange regarding Proceedings of the 38th Annual General Meeting held on August 14, 2025.

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

La Opala RG Limited held its 38th Annual General Meeting on August 14, 2025, via video conferencing, from 12:30 PM to 2:44 PM. The meeting was chaired by Mr. Ajit Jhunjhunwala, Vice Chairman and Managing Director. Five business items were transacted, including adoption of FY25 financial statements, declaration of a dividend of Rs. 7.50 per equity share (375% on face value of Rs. 2), re-appointment of Mr. Ajit Jhunjhunwala as a director liable to retire by rotation, re-appointment of Mrs. Nidhi Jhunjhunwala as Executive Director for five years from June 1, 2025, and appointment of the Secretarial Auditor for FY26–FY30. All six independent and executive directors, the CFO, and the Company Secretary attended the meeting. The Scrutinizer's Report and voting results will be filed separately within the regulatory timeline.

Likely market impact

The AGM outcome is broadly positive for shareholders — a robust Rs. 7.50 per share dividend confirms healthy cash generation, and the smooth conduct with all resolutions expected to pass keeps governance risk minimal. Voting results are pending and may provide modest near-term signals on shareholder sentiment.