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  3. Genesis Exports Acquires 25,000 Equity Shares of La Opala RG Limited
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India IPO
  • 05 Mar 2026
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 Genesis Exports Acquires 25,000 Equity Shares of La Opala RG Limited

Genesis Exports Private Limited acquired 25,000 equity shares of La Opala RG Limited through open market transactions on March 2 and 4, 2026. The acquisition increased Genesis Exports' direct shareholding from 46.85% to 46.87%, while the total promoter group holding now stands at 66.08% of the company's voting capital.

Genesis Exports Acquires 25,000 Equity Shares of La Opala RG Limited

La Opala RG Limited has received disclosure from Genesis Exports Private Limited regarding the acquisition of 25,000 equity shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was completed through open market transactions on March 2 and 4, 2026. Acquisition Details Genesis Exports Private Limited, acting as the acquirer along with seven persons acting in concert (PACs), acquired 25,000 equity shares representing 0.02% of La Opala RG Limited's total voting capital. Parameter Details Acquisition Mode Open Market Transaction Dates March 2, 2026 & March 4, 2026 Shares Acquired 25,000 equity shares Percentage Acquired 0.02% Shareholding Pattern Changes Following the acquisition, Genesis Exports' direct shareholding in La Opala RG Limited has increased marginally: Holding Period Number of Shares Percentage Before Acquisition 5,20,00,000 46.85% After Acquisition 5,20,25,000 46.87% Net Change +25,000 +0.02% Promoter Group Holdings The promoter group, including Genesis Exports and seven PACs, maintains significant control over La Opala RG Limited. The PACs include Ajit Jhunjhunwala, Sushil Jhunjhunwala, Gyaneshwari Devi Jhunjhunwala, Shruti Kishorepuria, Nidhi Jhunjhunwala, Ishita Jhunjhunwala, and Abhyuday Jhunjhunwala. Combined Promoter Group Holdings: Entity Shares Held Percentage Genesis Exports Private Limited 5,20,25,000 46.87% Ajit Jhunjhunwala 84,00,000 7.57% Gyaneshwari Devi Jhunjhunwala 49,75,000 4.48% Sushil Jhunjhunwala 40,50,000 3.65% Shruti Kishorepuria 16,00,000 1.44% Others (3 PACs) 23,00,000 2.07% Total Promoter Group 7,33,50,000 66.08% Company Information La Opala RG Limited has a total equity share capital of 111,000,000 equity shares of Rs 2/- each. The company's shares are listed on both Bombay Stock Exchange Limited and National Stock Exchange Limited. The disclosure was filed by Nirmal Kumar Bengani, Chief Financial Officer of Genesis Exports Private Limited, on March 5, 2026. The acquisition represents a routine addition to the promoter group's existing substantial holding in the tableware and glassware company, with no significant change in the overall control structure. La Opala RG Limited has received a disclosure from its promoter Genesis Exports Private Limited regarding the acquisition of 18,000 equity shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition demonstrates continued promoter interest in increasing shareholding through systematic market purchases. Latest Acquisition Details Genesis Exports Private Limited acquired 18,000 equity shares representing 0.02% of the company's total share capital. The shares were purchased through open market transactions on February 26, 2026 and February 27, 2026 with a total transaction value of ₹37,12,151.00. Parameter: Details Shares Acquired: 18,000 Transaction Value: ₹37,12,151.00 Acquisition Mode: Open Market Transaction Dates: February 26, 2026 & February 27, 2026 Percentage of Total Capital: 0.02% Total Share Capital: 111,000,000 Equity Shares Updated Shareholding Pattern Following this acquisition, Genesis Exports Private Limited's shareholding in La Opala RG Limited has increased to 46.85% with total holdings of 5,20,00,000 shares. The promoter group's combined holding including persons acting in concert now stands at 66.06%. Shareholding: Before Acquisition After Acquisition Change Genesis Exports Shares: 5,19,82,000 5,20,00,000 +18,000 Genesis Exports %: 46.83% 46.85% +0.02% Total Promoter Group %: 66.04% 66.06% +0.02% Promoter Group Holdings The disclosure reveals the complete shareholding pattern of the promoter group including persons acting in concert. The group maintains significant control with a combined holding of over 66% in the company. Promoter/PAC: Shareholding Percentage Genesis Exports Private Limited: 5,20,00,000 46.85% Ajit Jhunjhunwala: 84,00,000 7.57% Gyaneshwari Devi Jhunjhunwala: 49,75,000 4.48% Sushil Jhunjhunwala: 40,50,000 3.65% Shruti Kishorepuria: 16,00,000 1.44% Nidhi Jhunjhunwala: 9,00,000 0.81% Ishita Jhunjhunwala: 7,00,000 0.63% Abhyuday Jhunjhunwala: 7,00,000 0.63% Regulatory Compliance The disclosure was submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Genesis Exports Private Limited filed the required disclosure on February 28, 2026, signed by Chief Financial Officer Nirmal Kumar Bengani. Compliance Details: Information Disclosure Date: February 28, 2026 Signatory: Nirmal Kumar Bengani, CFO Regulation: SEBI SAST Regulations 29(2) ISIN: INE059D01020 Stock Exchanges: BSE Limited & NSE Limited We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. 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