La Opala RG Limited
DSP Mutual Fund increased its stake in La Opala RG Limited from 6.76% to 6.95% by acquiring 2,16,000 shares. The transaction was executed through 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.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.