Oxford Industries Open Offer: Saroj Choudhury Acquires 26%

Navigant Corporate Advisors Ltd announced an open offer on behalf of Saroj Kumar Choudhury to acquire up to 15,45,271 Equity Shares, representing 26.00% of Oxford Industries Ltd. The offer price is set at ₹5.00 per equity share. The Committee of Independent Directors has deemed the offer price justified. The Letter of Offer was dispatched to shareholders on June 4, 2026, and the offer opened on June 12, 2026, closing on June 25, 2026. SEBI provided final observations on May 26, 2026.