Auditor19 Jun 2026, 04:14 pm
Oxford Industries: Statutory Auditor Resigns effective June 19, 2026
AI Summary
Oxford Industries Ltd announced the resignation of its Statutory Auditor, M/s. PAMS & Associates Chartered Accountants, effective June 19, 2026. The auditor cited geographical constraints as the reason, stating that their Mumbai branch closed in 2024, making it impractical to efficiently conduct audit procedures for a listed entity from their Bhubaneswar office. The company's Audit Committee and Board of Directors will take note of the resignation and initiate steps to fill the casual vacancy by appointing a new statutory auditor.
Key Highlights
- M/s. PAMS & Associates Chartered Accountants resigned as Statutory Auditor.
- Resignation is effective from June 19, 2026.
- Reason for resignation: geographical constraints after Mumbai branch closure.
- Audit Committee and Board will appoint a new statutory auditor.
- No other material reasons or unresolved issues were cited for the resignation.
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