La Opala RG Limited has fixed August 20, 2026, as the record date for determining shareholder eligibility for the payment of dividends and voting rights at its upcoming 39th Annual General Meeting (AGM). This action confirms the timeline for shareholders to receive their entitlements from the financial year 2025-26 results, ensuring clarity on who qualifies for the proposed payout.

The Board of Directors, during its meeting held on May 30, 2026, recommended a dividend of ₹5.00 per equity share, representing a 250% payout on the face value of ₹2 per share. This recommendation is subject to final approval by the members at the AGM. If approved, the company is obligated to pay the dividend within 30 days of declaration, as per regulatory stipulations.

Key Dates and Details

Shareholders holding shares in physical form must have their names appear in the Register of Members as on the close of business hours on August 20, 2026. Similarly, those holding shares in electronic form must be listed as beneficial holders in the depositories' records by the same deadline to be eligible for the dividend and to attend the meeting.

Regulatory Compliance and Communication

The company issued this intimation pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The 39th AGM will be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM), in accordance with General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs.

In compliance with Regulation 36(1)(b) of the SEBI Listing Regulations, La Opala RG Limited will send the Notice of the AGM and the Annual Report for FY26 electronically to all members with registered email addresses. For members without registered emails, the company will dispatch a letter containing a web-link to access these documents. The Annual Report includes the financial statements and statutory reports for the year ended March 31, 2026.

What This Means for Shareholders

The fixation of the record date provides a clear cutoff for investors looking to benefit from the declared dividend. Any trades executed after the market close on August 20, 2026, will not confer dividend rights for this specific payout. Shareholders should ensure their demat account details are updated and that they hold the shares before the cutoff time to qualify for the ₹5 per share distribution, pending formal ratification at the AGM.

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