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Other Textile Products
Promoter Reclassification19 Oct 2026, 07:00 pm

Oxford Industries: Open Offer Completed, Promoters Reclassified

AI Summary

Oxford Industries Limited announced the successful completion of its Open Offer made by Mr. Saroj Kumar Choudhury to public shareholders on September 18, 2026. Following this, several existing promoters, including Ali Mazhar Laila and Mazher N Laila, have been reclassified as public shareholders as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These individuals no longer hold control, management involvement, special rights, or board representation in the company. Mr. Saroj Kumar Choudhury now holds 46.46% of the company's shares as the sole promoter.

Key Highlights

  • Open Offer successfully completed by Mr. Saroj Kumar Choudhury.
  • Several promoters reclassified to public shareholders.
  • Reclassification follows SEBI (SAST) and LODR Regulations.
  • Mr. Saroj Kumar Choudhury is now the sole promoter.
  • Promoter holding stands at 46.46% post-reclassification.