Oxford Industries: Management Change, Auditor Resignation & Appointment

Oxford Industries Ltd announced outcomes of its Board Meeting held on July 17, 2026. Key decisions included the completion of a change in management where Mr. Saroj Kumar Choudhary became the promoter with 46.46% shareholding, and Mr. Mazher N Laila ceased to be a promoter. The resignation of M/s. PAMS & Associates as Statutory Auditor was accepted due to geographical constraints. M/s. Lipika and Associates were proposed as the new Statutory Auditors for a five-year term starting FY27. Mr. Saroj Kumar Choudhury was also appointed as the Chief Financial Officer. The board also proposed shifting the registered office from Maharashtra to Orissa and amendments to the Memorandum and Articles of Association, subject to shareholder approval.