La Opala RG sets Aug 20 record date for FY26 dividend

Key dates announced for dividend and AGM

La Opala RG Limited has announced August 20, 2026 as the record date to determine which shareholders will be eligible for dividend payment and voting rights at the company’s 39th Annual General Meeting (AGM). The AGM is scheduled for August 27, 2026 at 2:00 P.M. (IST). The company said the meeting will be held through Video Conferencing or Other Audio-Visual Means (VC/OAVM). The record date is relevant for both dividend entitlement and participation in the AGM voting process.

The board has already recommended a dividend for FY26, which will be placed before shareholders at the AGM. If shareholders approve the recommendation, the company will pay the dividend within 30 days of declaration. The announcement provides clarity for investors tracking payout timelines and corporate actions around the AGM.

Dividend recommendation: ₹5 per share for FY26

The Board of Directors, at its meeting held on May 30, 2026, recommended a dividend of ₹5.00 per equity share for FY26. The company described this as a 250% payout on the face value of ₹2 per share. The dividend is recommended on 11,10,00,000 fully paid equity shares of face value ₹2 each, subject to shareholder approval.

The company also reiterated that the dividend, once declared at the AGM, is intended to be paid within 30 days. As with other listed-company dividends, the record date becomes the key cut-off to determine eligible shareholders for this payment.

Record date rules for physical shareholders

For shareholders holding shares in physical form, La Opala RG stated that names must appear in the Register of Members as of the close of business hours on August 20, 2026. This detail matters because physical holdings rely on the company’s register for entitlement verification.

The record date also serves as the cut-off for voting rights at the 39th AGM. Investors planning to vote on resolutions, including dividend approval and director-related proposals, typically track this date closely.

AGM to be held via VC/OAVM under MCA circular

The 39th AGM will be conducted through VC/OAVM in accordance with General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (MCA). The company has indicated that it will follow the applicable regulatory framework for electronic participation.

La Opala RG also referenced compliance requirements for AGM documentation. Under Regulation 36(1)(b) of the SEBI Listing Regulations, the company will send the AGM notice and the Annual Report for FY26 electronically to members with registered email addresses. For members without registered email addresses, the company will dispatch a letter containing a web-link to access the documents.

What the FY26 annual report will contain

The Annual Report for FY26 will include the financial statements and statutory reports for the year ended March 31, 2026. The company has positioned electronic distribution as the primary method for delivering these documents, with a web-link process for those not registered for email.

This approach aligns with the company’s decision to hold the AGM electronically and provides a uniform access route for shareholders to review financial and governance disclosures ahead of voting.

Board decisions on governance and senior management

La Opala RG said it has strengthened its governance structure through board-level and management changes announced ahead of the AGM. The company appointed Mr. Saradindu Dutta as an Additional Director (Non-Executive Independent) for a five-year term effective July 8, 2026, pending shareholder approval at the 39th AGM.

At the same time, Mr. Abhyuday Jhunjhunwala was elevated to Vice President – Business Development and designated as Senior Management Personnel, also subject to AGM approval. These decisions were taken by the board on July 8, 2026, in compliance with SEBI LODR Regulations.

The company disclosed that the board meeting on July 8, 2026 commenced at 12:15 P.M. (IST) and concluded at 1:15 P.M. (IST).

Promoter stake increase via open market purchase

Separately, Genesis Exports Private Limited increased its stake in La Opala RG Limited to 47.07% by acquiring 45,000 equity shares through open market transactions on June 5 and June 8, 2026. Following this acquisition, the promoter holding increased to 5,22,50,000 equity shares, representing 47.07% of the total paid-up share capital.

Such disclosures are closely watched by investors because they reflect changes in promoter ownership levels. The company’s communication indicates the increase came from open market transactions over two trading dates.

Re-appointment proposal for independent director

Along with the FY26 dividend proposal, the board 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.

This is expected to be one of the governance-related items that shareholders will vote on at the 39th AGM, along with other resolutions included in the AGM notice.

Summary table: key events and disclosures

How shareholders can update details and seek help

Shareholders can update their records through the company’s Registrar and Transfer Agent, Maheshwari Datamatics Private Limited, or contact the company directly at info@laopala.in. The company has also indicated that the communication is available on its website (www.laopala.in) and on stock exchange websites, including BSE Limited and the National Stock Exchange of India Limited.

For support on record updates or unpaid dividend claims, the company shared the following contact details.

Market impact: what investors typically track around record dates

A record date announcement primarily helps shareholders plan for eligibility and voting participation. In this case, the record date is tied to the FY26 dividend of ₹5 per share, which will be paid within 30 days of declaration if approved at the AGM. The AGM’s VC/OAVM format also matters for participation, as shareholders will rely on electronic access to notices and annual reports.

The broader set of AGM-linked items includes the appointment of an independent director, a senior management designation change, and the proposed re-appointment of an independent director for a second term. For investors, these items often form part of the overall assessment of governance practices and board oversight processes, especially when they require shareholder approval.

Conclusion

La Opala RG’s August 20, 2026 record date sets the cut-off for both FY26 dividend entitlement and voting rights at the 39th AGM scheduled on August 27, 2026 via VC/OAVM. The company has also placed governance and management proposals before shareholders, including director appointments and a re-appointment resolution. The next formal milestone is the AGM, where shareholders will vote on the dividend and other resolutions, after which any approved dividend is expected to be paid within 30 days of declaration.