Auditor19 Jun 2026, 04:18 pm
Oxford Industries Ltd: Statutory Auditor Resigns Effective June 19, 2026
AI Summary
Oxford Industries Ltd has announced the resignation of its statutory auditor, M/s. PAMS & Associates Chartered Accountants, effective June 19, 2026. The resignation is due to geographical constraints, as the auditor's firm is based in Bhubaneswar while the company's operations are in Mumbai. The auditor's Mumbai branch closed in 2024, making it increasingly difficult to manage the audit effectively. The company's Audit Committee and Board of Directors will address this in upcoming meetings to appoint a new statutory auditor and fill the casual vacancy.
Key Highlights
- Statutory auditor M/s. PAMS & Associates resigns effective June 19, 2026.
- Reason cited is geographical constraints and closure of auditor's Mumbai branch.
- Company to appoint a new statutory auditor in upcoming board meetings.
- The resignation is in compliance with SEBI (LODR) Regulations, 2015.
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