La Opala RG Limited
UTI Mutual Fund's 1.57 percent position in La Opala RG Limited has disappeared from the latest filing, leaving open whether it was a full exit or a slide beneath the 1 percent line that triggers disclosure.
A leading manufacturer and marketer of opal and glass tablewares in India, La Opala RG produces a wide range of dinnerware, cookware, and serving products for both household and commercial use. The company operates across manufacturing, design, and retail distribution channels, serving consumers through multiple brand portfolios and market segments. Its distinctive position lies in vertical integration and strong focus on the organized tableware segment.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.