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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Awaiting price reaction for this filing.
La Opala RG Limited informed the exchanges that one of its promoters, Genesis Exports Private Limited, purchased 25,000 equity shares of the company through open market transactions on March 2 and March 4, 2026. This is a small acquisition that increased Genesis Exports' holding from 46.85% to 46.87% of the company's equity capital. The total promoter and promoter group (PAC) holding rose marginally from 66.06% to 66.08% after the acquisition. The company has 11,10,00,000 equity shares of Rs 2 each outstanding. The disclosure was filed under SEBI's takeover regulations to report the change in shareholding.
This is a minor promoter share buy of just 0.02% in the company, signalling continued promoter confidence but with no material change in the shareholding pattern. Unlikely to have any significant impact on the stock price.