La Opala RG Limited
ICICI Prudential Mutual Fund decreased its stake in La Opala RG from 2.03% to 1.76%, selling 306,307 shares during a rights issue context.
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 second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.