La Opala RG Limited
HDFC Mutual Fund decreased its stake in La Opala RG Limited from 8.51% to 8.31% by selling 2,16,000 shares, as part of a rights issue.
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.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.