La Opala Appoints Saradindu Dutta as Independent Director and Promotes Abhyuday Jhunjhunwala
La Opala RG Ltd has announced significant changes in its board structure and senior management. The company approved the appointment of Mr. Saradindu Dutta as an Additional Director, designated as a Non-Executive Independent Director, while also changing the designation of Mr. Abhyuday Jhunjhunwala from General Manager - Business Development to Vice President - Business Development.Mr. Saradindu Dutta was appointed on July 8, 2026, for a term of five consecutive years. This appointment is subject to ratification by the shareholders at the company's ensuing 39th Annual General Meeting (AGM). Mr. Dutta brings extensive experience in finance and corporate governance, having held key positions across various functions during his four-decade career at ITC Limited.
Prior to his association with La Opala RG Ltd, Mr. Dutta served as Executive Vice President & Head - Corporate Accounts at ITC Limited and was a member of the Management Committee for the Social Investments Program (ITC Corporate Responsibility Programs). His professional background also includes serving on the Boards of various investment subsidiaries of ITC Limited until February 2022. Currently, he is the Executive Director & Trustee of ITC Sangeet Research Academy (ITC SRA) and serves as a Public Interest Director at the Board of the Calcutta Stock Exchange Limited since March 3, 2025. Mr. Dutta confirmed that he is not related to any director on the company's board.
The appointment details for Mr. Saradindu Dutta are summarized below:
| Particulars | Details |
|---|---|
| Appointment Status | Additional Director / Non-Executive Independent Director |
| Date of Appointment | July 8, 2026 |
| Term | Five consecutive years (Subject to AGM approval) |
| Professional Qualifications | Master of Commerce (Calcutta University), Qualified Chartered Accountant |
Designation Change for Abhyuday Jhunjhunwala
Concurrently, the company approved the change in designation for Mr. Abhyuday Jhunjhunwala, who transitioned from General Manager - Business Development to Vice President - Business Development. This change positions Mr. Jhunjhunwala as a Senior Management Personnel holding an office or place of profit within the company. The new designation is set to take effect following approval by shareholders at the ensuing 39th AGM.Mr. Jhunjhunwala holds a Bachelors Degree in Operations and Business Analytics from Kelley School of Business, Indiana University. He has been with the company since his tenure as an intern from June 2021 to December 2023, after which he was appointed General Manager - Business Development on March 1, 2024. His professional contributions include involvement in the marketing and digital initiatives and business development efforts of the company.
LAOPALA Stock Price Movement
As of 1:41 PM, shares of La Opala RG Limited are slipping by 0.76% in live trading, currently at ₹178.7. The stock has seen intraday movement ranging from a low of ₹178.25 to a high of ₹180.07.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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