Corporate Action18 Aug 2026, 07:50 pm
Oxford Industries Ltd Files Scheme for Share Capital Reduction
AI Summary
Oxford Industries Ltd has filed a Scheme of Reduction of Share Capital with the stock exchange, pursuant to Section 66 of the Companies Act, 2013. The scheme details the process and terms for reducing the company's share capital. It outlines definitions, company details, the reduction process, and general terms and conditions. The scheme is presented between Oxford Industries Limited and its shareholders, and is subject to approval by the National Company Law Tribunal (NCLT). The company has made the information available on its website.
Key Highlights
- Company files scheme for reduction of share capital.
- Action taken under Section 66 of the Companies Act, 2013.
- Scheme requires approval from the National Company Law Tribunal.
- Details of the reduction process are outlined in the scheme.
- Information is available on the company's investor website.
Price Impact
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