Promoter Genesis Exports Acquires 45,000 Shares of La Opala RG Limited
Genesis Exports Private Limited, a promoter in the targeted company, has acquired an additional 45,000 Equity Shares of La Opala RG Limited. The acquisition was conducted through the open market on June 5, 2026, and June 8, 2026.The purchase increases Genesis Exports Private Limited's stake in La Opala RG Limited. Prior to the acquisition, the company held 5,22,05,000 shares, representing 47.03% of the total voting capital. Following the transaction, the holding increased to 5,22,50,000 shares, translating to a 47.07% stake.
The acquisition details and resulting shareholder data are presented below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Genesis Exports Private Limited Shares Held | 5,22,05,000 (47.03%) | 5,22,50,000 (47.07%) |
Company Profile and Transaction Summary
La Opala RG Limited, which is listed on the Bombay Stock Exchange Limited and the National Stock Exchange Limited, was the target of this transaction. The shares were acquired by Genesis Exports Private Limited and associated Persons Acting in Concert (PACs).
The acquisition reflects that the acquirer belongs to a Promoter Group. Before the acquisition, the total holding of Genesis Exports Private Limited and its PACs stood at 7,35,30,000 shares, or 66.24% of the voting capital. After the transaction, this combined holding stands at 7,35,75,000 shares (66.28%).
The total equity share capital and voting capital of La Opala RG Limited remained at 111,00,000 Equity Shares of Rs 2/- each following the acquisition.
LAOPALA Stock Price Movement
La Opala RG Limited shares edged higher in today's trading, closing at ₹172.32 after gaining 0.34%. The stock traded within a band between the daily low of ₹170.5 and a high of ₹173.26.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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