Genesis Exports increases La Opala RG stake to 66.24%

1 min read     Updated on 06 Jun 2026, 08:58 AM
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Genesis Exports Private Limited acquired 45,000 equity shares of La Opala RG Limited on June 3 and June 4, 2026, increasing the promoter group's total holding to 66.24%. The transaction, valued at ₹78,82,532.00, was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Genesis Exports Private Limited has increased its stake in La Opala RG Limited by acquiring 45,000 equity shares through open market transactions on June 3 and June 4, 2026. This acquisition raises the promoter group's total holding in La Opala RG to 66.24%, representing 7,35,30,000 equity shares. The transaction was executed on the National Stock Exchange of India Limited for a total value of ₹78,82,532.00, excluding taxes and brokerage.

The disclosure was submitted to the stock exchanges under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Genesis Exports Private Limited, part of the promoter group, now holds 5,22,05,000 equity shares, representing 47.03% of the total paid-up share capital. The total equity share capital of La Opala RG Limited stands at 111,000,000 equity shares of ₹2 each.

Shareholding Details

The table below details the shareholding pattern before and after the recent acquisition:

Shareholder Shares Before Acquisition % Before Shares After Acquisition % After
Genesis Exports Private Limited 5,21,60,000 46.99 5,22,05,000 47.03
Ajit Jhunjhunwala 84,00,000 7.57 84,00,000 7.57
Gyaneshwari Devi Jhunjhunwala 49,75,000 4.48 49,75,000 4.48
Sushil Jhunjhunwala 40,50,000 3.65 40,50,000 3.65
Shruti Kishorepuria 16,00,000 1.44 16,00,000 1.44
Nidhi Jhunjhunwala 9,00,000 0.81 9,00,000 0.81
Ishita Jhunjhunwala 7,00,000 0.63 7,00,000 0.63
Abhyuday Jhunjhunwala 7,00,000 0.63 7,00,000 0.63
Total 7,34,85,000 66.20 7,35,30,000 66.24

The filing was signed by Nirmal Kumar Bengani, Chief Financial Officer of Genesis Exports Private Limited, on June 5, 2026. Jit Roy Choudhury, Company Secretary & Compliance Officer of La Opala RG Limited, submitted the disclosure to the exchanges.

Historical Stock Returns for La Opala RG

1 Day5 Days1 Month6 Months1 Year5 Years
-1.50%-4.58%-3.43%-17.61%-28.25%-38.55%

Does this increase in promoter stake signal potential delisting plans given the high holding percentage?

Will Genesis Exports continue to accumulate shares to further consolidate control in the near term?

How might this increased promoter confidence influence La Opala RG's strategic expansion or dividend policies?

La Opala RG FY26 net profit falls 4.4%; dividend declared

2 min read     Updated on 31 May 2026, 03:27 AM
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La Opala RG Limited's net profit for FY26 fell 4.4% to ₹9,230.25 lakh, with revenue decreasing to ₹30,906.46 lakh. Profitability was affected by a ₹179.19 lakh exceptional item for New Labour Codes and a ₹1,046.12 lakh drop in other income. The Board recommended a ₹5.00 per share dividend and approved the re-appointment of Ms. Suparna Chakrabortti as Independent Director and M/s S. S. Kothari Mehta & Co. LLP as Internal Auditors.

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La Opala RG Limited reported a net profit of ₹9,230.25 lakh for the financial year ended March 31, 2026, a decrease of 4.4% from ₹9,658.52 lakh in the previous year. Revenue from operations for FY26 stood at ₹30,906.46 lakh, compared to ₹33,186.38 lakh in FY25. The decline in profitability was impacted by an exceptional item of ₹179.19 lakh related to expenses recognised due to the implementation of New Labour Codes and a significant drop in other income.

For the quarter ended March 31, 2026, the company recorded a standalone net profit of ₹1,616.62 lakh, down from ₹2,569.35 lakh in the corresponding quarter of the previous year. Q4 revenue stood at ₹6,839.45 lakh versus ₹7,710.00 lakh in the same period last year. The Board of Directors approved the audited financial results at a meeting held on May 30, 2026.

Q4 Performance Highlights

Despite the year-on-year decline in absolute EBITDA, La Opala RG's Q4 EBITDA margin showed an improvement on a year-on-year basis when excluding other income. The following table summarises the key Q4 metrics:

Metric Q4 FY26 (₹ Lakh) Q4 FY25 (₹ Lakh)
Revenue 6,839.45 7,710.00
EBITDA 2,808.34 3,848.33
EBITDA Margin 41.06% 49.91%
EBITDA (Excl. Other Income) 2,480.86 2,670.19
EBITDA Margin (Excl. Other Income) 36.27% 34.63%
Net Profit 1,616.62 2,569.35

Other income for the full year was lower by ₹1,046.12 lakh compared to the previous period, primarily due to mark-to-market impacts on investments in Debt Mutual Funds. The funds were predominantly invested in highly rated short to medium-duration instruments. The company noted that the decline was driven by the geopolitical situation affecting the markets.

Key Financial Metrics for FY26

The following table presents the full-year financial performance of La Opala RG:

Metric FY26 (₹ Lakh) FY25 (₹ Lakh)
Revenue from Operations 30,906.46 33,186.38
Total Income 34,126.02 37,959.77
Total Expenses 21,908.24 24,715.59
Profit Before Tax 12,038.59 13,244.18
Net Profit 9,230.25 9,658.52
Basic EPS (₹) 8.32 8.70

Dividend and Board Decisions

The Board recommended a dividend of ₹5.00 per equity share (250%) on 11,10,00,000 fully paid equity shares of face value ₹2 each for FY26, subject to shareholder approval at the 39th Annual General Meeting. The dividend will be paid within 30 days of declaration at the AGM. The Board also approved the re-appointment of Ms. Suparna Chakrabortti as a Non-Executive Woman Independent Director for a second term of five years from January 27, 2027, to January 26, 2032, subject to shareholder approval. Additionally, M/s S. S. Kothari Mehta & Co. LLP were re-appointed as Internal Auditors for FY27.

Historical Stock Returns for La Opala RG

1 Day5 Days1 Month6 Months1 Year5 Years
-1.50%-4.58%-3.43%-17.61%-28.25%-38.55%

How will the implementation of the New Labour Codes impact La Opala RG's operational cost structure going forward?

What strategies will the company employ to reverse the trend of declining revenue from operations observed in FY26?

Is the company considering adjusting its investment portfolio to mitigate volatility in other income caused by geopolitical factors?

More News on La Opala RG

1 Year Returns:-28.25%