La Opala RG Board Approves FY26 Results, Recommends Dividend, Re-appoints Director
La Opala RG approved FY26 audited financial results. Recommended a dividend of ₹5 per share (250%). Re-appointed Ms. Suparna Chakrabortti as Independent Director for a second term (Jan 2027-Jan 2032) and M/s S. S. Kothari Mehta & Co. LLP as Internal Auditors for FY27. FY26 PAT stood at ₹9,230.25 Lakhs.
The announcement includes the approval of financial results, dividend recommendation, and re-appointment of an independent director and internal auditors. These are significant corporate actions that impact stakeholders, including shareholders and the company's governance structure, warranting a medium impact.
The company reported its financial results, recommended a dividend, and re-appointed key personnel. While these are positive corporate actions, the financial performance shows a slight decrease in profit for the full year and quarter compared to the previous periods, leading to a neutral sentiment.
La Opala RG Limited announced the outcome of its Board Meeting held on May 30, 2026. The Board considered and approved the Audited Financial Results for the quarter and financial year ended March 31, 2026, along with the Statement of Assets and Liabilities and Cash Flow Statement. The financial results were accompanied by an Audit Report with an unmodified opinion from M/s. Singhi & Co., the statutory auditors.
The Board also considered and recommended a dividend of ₹5.00 per equity share (250%) on 11,10,00,000 fully paid equity shares for the financial year 2025-26. This recommendation is subject to the approval of shareholders at the upcoming 39th Annual General Meeting (AGM). If approved, the dividend will be paid within five to thirty days from the date of declaration at the AGM. The specific dates for the AGM and book closure will be communicated in due course.
Furthermore, the Board approved the re-appointment of Ms. Suparna Chakrabortti as a Non-Executive Woman Independent Director for a second term of five consecutive years, commencing from January 27, 2027, up to January 26, 2032. This re-appointment is also subject to shareholder approval at the 39th AGM.
Additionally, the Board approved the re-appointment of M/s S. S. Kothari Mehta & Co. LLP as the Internal Auditors for the financial year 2026-27.
The financial results for the quarter ended March 31, 2026, showed a Profit After Tax of ₹1,616.62 Lakhs, compared to ₹2,569.36 Lakhs in the corresponding quarter of the previous year. For the full financial year ended March 31, 2026, the Profit After Tax was ₹9,230.25 Lakhs, a slight decrease from ₹9,658.52 Lakhs in the previous financial year. The company reported an exceptional item of ₹179.19 Lakhs related to the implementation of New Labour Codes.
The Board meeting commenced at 1:15 P.M. IST and concluded at 4:45 P.M. IST.
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La Opala RG Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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