Acquisitions12 Mar 2026, 06:48 pm
Oxford Industries Ltd: Saroj Kumar Choudhury to Acquire 26.00% Stake for Rs. 5/- per Share
AI Summary
Saroj Kumar Choudhury has initiated an open offer to acquire up to 15,45,271 equity shares of Oxford Industries Ltd, representing 26.00% of the fully paid-up equity and voting share capital. The offer is made at a price of Rs. 5/- per Share fully paid-up Equity Share under Regulation 3 (1) and 4 of SEBI (SAST) Regulations, 2011. This open offer is triggered by the execution of a Share Purchase Agreement dated 12™ March, 2026, between the acquirer and existing promoter and promoter group of the Target Company.
Key Highlights
- Saroj Kumar Choudhury to acquire up to 15,45,271 equity shares of Oxford Industries Ltd
- Offer price of Rs. 5/- per fully paid-up Equity Share
- Triggered by the execution of a Share Purchase Agreement
- Constitutes 26.00% of the fully paid-up equity and voting share capital
- Open offer made under Regulation 3 (1) and 4 of SEBI (SAST) Regulations, 2011