La Opala RG Ltd has strengthened its governance structure by appointing Mr. Saradindu Dutta as an Additional Director designated as Non-Executive Independent Director for a term of five years effective July 8, 2026. The appointment, subject to the approval of shareholders at the ensuing 39th Annual General Meeting, was approved by the Board based on the recommendation of the Nomination and Remuneration Committee. Mr. Dutta is a qualified Chartered Accountant with a distinguished career spanning four decades, including a long tenure at ITC Limited where he served as Executive Vice President & Head – Corporate Accounts.

In addition to the board-level appointment, the company approved a change in designation for a senior management personnel. Mr. Abhyuday Jhunjhunwala, a relative of the directors, has been elevated from General Manager – Business Development to Vice President – Business Development. This change designates him as Senior Management Personnel, holding an office of profit with remuneration exceeding limits specified in Clause 3(b) of Rule 15 of The Companies (Meetings of Board and its Powers) Rules, 2014. The elevation is subject to shareholder approval at the 39th AGM.

Mr. Dutta’s extensive experience includes serving on the Boards of various investment subsidiaries of ITC Limited and as a special invitee on the Accounting Standards Board of the Institute of Chartered Accountants of India. He is currently the Executive Director & Trustee of ITC Sangeet Research Academy and serves as a Public Interest Director on the Board of Calcutta Stock Exchange Limited. The company confirmed that Mr. Dutta is not related to any director on the Board and is not debarred from holding the office by any SEBI order or adjudicating authority.

Mr. Jhunjhunwala holds a Bachelor of Science in Operations and Business Analytics from Kelley School of Business, Indiana University. He has been associated with La Opala RG Ltd since June 2021, initially as an intern and subsequently as General Manager – Business Development from March 1, 2024. His contributions have been significant in the areas of marketing, digital initiatives, and business development, working closely with the senior management team on strategic decision-making.

The Board meeting commenced at 12:15 P.M. IST and concluded at 1:15 P.M. IST on July 8, 2026. The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant SEBI circulars.

Key Appointments and Designations

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 5 and June 8, 2026. This acquisition raises the promoter's holding to 5,22,50,000 equity shares, representing 47.07% of the total paid-up share capital. The transaction was executed on the National Stock Exchange of India Limited for a total value of ₹78,74,393.

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, held 5,22,05,000 equity shares, or 47.03%, prior to this purchase. 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 change in Genesis Exports Private Limited's shareholding:

The filing was signed by Nirmal Kumar Bengani, Chief Financial Officer of Genesis Exports Private Limited, on June 9, 2026. Jit Roy Choudhury, Company Secretary & Compliance Officer of La Opala RG Limited, submitted the disclosure to the exchanges.