La Opala RG Limited Mourns the Demise of Independent Director Prof. Santanu Ray
La Opala RG Limited confirmed the passing of Prof. Santanu Ray, a key Independent Director, on April 18, 2026. The company issued a notice confirming the cessation of his association with the board, effective that same date.The demise of Prof. Ray (DIN: 00642736) is noted by the company as an irreparable loss. La Opala RG Limited conveyed its deep sympathies, sorrow, and condolences to his family, reflecting the sentiment shared by the company's directors and employees.
The details regarding the change in the company’s board composition are summarized as follows:
| Particulars | Details |
|---|---|
| Reason for change | Death of Prof. Santanu Ray, Independent Director of the Company |
| Cessation Date | April 18, 2026 |
This development marks the departure of Prof. Santanu Ray from his role as Independent Director, with the cessation taking effect on April 18, 2026. The company continues to manage its operations following this loss.
Stock Price Movement
At the close of trade on Friday, La Opala RG Ltd shares settled at ₹180.45, moving up by +0.47%. Throughout the session, the stock managed to hold trading ground between the intraday low of ₹179.05 and the high of ₹183.10.Source:
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