La Opala RG Limited has submitted a disclosure to BSE Limited and National Stock Exchange of India Limited regarding an acquisition of shares by its promoter group. The disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The acquirer is Genesis Exports Private Limited, acting on behalf of the promoter and promoter group/persons acting in concert (PACs). The acquisition involved 200,000 equity shares of the company.
Acquisition Details
- Number of shares acquired: 200,000
- Percentage of total diluted share/voting capital: 0.18%
- Mode of acquisition: Open Market
- Date of acquisition: September 15, 2026 & September 16, 2026
Shareholding Before Acquisition
The promoter group's total holding before the acquisition was 73,575,000 shares, representing 66.28% of total voting rights. The breakdown was:
- Genesis Exports Private Limited: 5,225,000 shares (47.07757%)
- Ajit Jhunjhunwala: 840,000 shares (7.57%)
- Gyaneshwari Devi Jhunjhunwala: 497,500 shares (4.48%)
- Sushil Jhunjhunwala: 405,000 shares (3.65%)
- Shruti Kishorepuria: 160,000 shares (1.44%)
- Nidhi Jhunjhunwala: 90,000 shares (0.81%)
- Ishita Jhunjhunwala: 70,000 shares (0.63%)
- Abhyuday Jhunjhunwala: 70,000 shares (0.63%)
No shares were encumbered (pledge/lien/non-disposal undertaking) before the acquisition.
Shareholding After Acquisition
After the acquisition, the promoter group's total holding increased to 73,775,000 shares, representing 66.46% of total voting rights. The breakdown is:
- Genesis Exports Private Limited: 5,245,000 shares (47.25%)
- Ajit Jhunjhunwala: 840,000 shares (7.57%)
- Gyaneshwari Devi Jhunjhunwala: 497,500 shares (4.48%)
- Sushil Jhunjhunwala: 405,000 shares (3.65%)
- Shruti Kishorepuria: 160,000 shares (1.44%)
- Nidhi Jhunjhunwala: 90,000 shares (0.81%)
- Ishita Jhunjhunwala: 70,000 shares (0.63%)
- Abhyuday Jhunjhunwala: 70,000 shares (0.63%)
No shares are encumbered after the acquisition.
Company Capital Structure
The equity share capital remains unchanged at 111,000,000 equity shares of ₹2 each, both before and after the acquisition. The total diluted share/voting capital also remains 111,000,000 equity shares of ₹2 each.
The disclosure was received by La Opala RG Limited on September 17, 2026, and was submitted to the stock exchanges on the same date by Jit Roy Choudhury, Company Secretary & Compliance Officer. Genesis Exports Private Limited also submitted a separate disclosure signed by Nirmal Kumar Bengani, Chief Financial Officer.