Genesis Exports Acquires Shares of La Opala RG Limited in Open Market Transaction
A promoter group, led by Genesis Exports Private Limited, has acquired an additional 60,000 equity shares of La Opala RG Limited through an open market transaction.Genesis Exports Private Limited and related persons acting in concert with the acquirer have increased their holding in the company. The acquisition was completed on June 2, 2026.
The acquiring entity was confirmed as belonging to the Promoter Group. During the period leading up to the transaction, Genesis Exports Private Limited held 5,21,00,000 shares of La Opala RG Limited, representing 46.94% of the total voting capital. The combined holding of the promoter group prior to the acquisition stood at 7,34,25,000 shares, which represented 66.15% of the total voting capital in the company.
Following the purchase of 60,000 equity shares carrying voting rights by Genesis Exports Private Limited, its holding increased to 5,21,60,000 shares, corresponding to a 46.99% stake.
The details of the shareholding before and after this transaction are presented below:
| Shareholder/Metric | Before Acquisition Holding | After Acquisition Holding |
|---|---|---|
| Genesis Exports Private Limited (Shares) | 5,21,00,000 shares (46.94%) | 5,21,60,000 shares (46.99%) |
| Ajit Jhunjhunwala (Shares) | 84,00,000 shares (757%) | 84,00,000 shares |
| Gyaneshwari Devi Jhunjhunwala (Shares) | 49,75,000 shares (4.48%) | 49,75,000 shares (448%) |
| Sushil Jhunjhunwala (Shares) | 40,50,000 shares (365%) | N/A |
| Shruti Kishorepuria (Shares) | 16,00,000 shares (144%) | 3,65,144 shares |
| Nidhi Jhunjhunwala (Shares) | 9,00,000 shares (0.81%) | 0381,063 shares |
| Ishita Jhunjhunwala (Shares) | 7,00,000 shares (0.63%) | 0.81% |
The target company details are as follows:
| Attribute | Detail |
|---|---|
| Target Company | La Opala RG Limited |
| CIN/ISIN | L26101WB1987PLC042512 / INEOS9001020 |
| Listing Exchanges | Bombay Stock Exchange Limited, National Stock Exchange Limited |
| Total Voting Capital (pre-acquisition) | 111,00,000 Equity Shares of Rs 2/- Each |
| Mode of Acquisition | Open Market |
LAOPALA Stock Price Movement
Shares of La Opala RG Limited are edging higher to ₹177.98 as of 3:27 PM, having seen a strong performance and gaining 2.37% today. The stock has traded within an intraday range of ₹172.35 to ₹179.79, with 100,940 shares trading in the live market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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