Oxford Industries Approves 99% Share Capital Reduction

Oxford Industries Ltd held a board meeting on August 8, 2026, where they approved the un-audited standalone financial results for the quarter ended June 30, 2026. Key decisions included the proposed reduction of share capital by 99% due to accumulated business losses, subject to shareholder approval. The board also approved the regularization of Mrs. Kattakota Satyabati Devi as a Non-Executive Director and noted her resignation as Whole-Time Director. The 45th Annual General Meeting is scheduled for September 11, 2026, with the register of members closed from September 5 to September 11, 2026.