The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Genesis Exports Pvt Ltd & PACs
LAOPALA · price
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Awaiting price reaction for this filing.
Genesis Exports Private Limited, part of the promoter group of La Opala RG Ltd, bought 18,000 equity shares through the open market on February 26 and 27, 2026. This raised Genesis Exports' individual holding from 46.83% to 46.85% of the company's share capital. The total promoter and persons-acting-in-concert (PAC) group holding moved marginally from 66.04% to 66.06%. The total equity share capital of the company remains unchanged at 11,00,00,000 shares of Rs 2 each. The disclosure was filed under SEBI's Takeover Regulations to report the acquisition.
This is a small open-market purchase by the promoter group, signaling continued promoter confidence, but the size is too tiny (0.02% increase) to materially affect stock price or shareholding dynamics.