514414

New Filing detected. See link for details.

New Filing detected. See link for details.

- Post Offer Advertisement for Oxford Industries Limited's Open Offer by Saroj Kumar Choudhury. - Acquirer proposed to acquire 26.00% of shares (15,45,271 shares) at ₹5 each. - Actual shares accepted in the open offer were only 6 shares (0.00%), indicating a significant failure.

- Trading window for Oxford Industries Limited will be closed from Wednesday, July 1, 2026, until 48 hours after the announcement of unaudited financial results for the quarter ended June 30, 2026. - The Board meeting to approve these results will be held on or before August 14, 2026.

- M/s. PAMS & Associates Chartered Accountants resigned as Statutory Auditor of Oxford Industries Limited, effective June 19, 2026. - The resignation is attributed to geographical constraints, as the auditor's Mumbai branch closed in 2024. - Both the company and auditor confirm no other material reasons or unresolved issues.

- Oxford Industries Limited announced the resignation of its Statutory Auditor, M/s. PAMS & Associates Chartered Accountants, effective June 19, 2026. - The auditor cited geographical constraints, as their Mumbai branch (which handled the audit) closed in 2024, making it challenging to conduct audits efficiently from their Bhubaneswar office. - The company's Audit Committee and Board of Directors will take steps to appoint a new statutory auditor.

- Board meeting on June 11, 2026, discussed the impact of a Qualified Audit Opinion for FY ended March 31, 2026. - Auditors noted significant accumulated losses (₹21,295.40 lakhs), eroded net worth, and negative working capital, raising doubts about the company's ability to continue as a going concern. - Management expressed confidence, citing promoter support and plans for new fund induction.

- Saroj Kumar Choudhury (Acquirer) announced an Open Offer to acquire up to 15,45,271 equity shares (26.00%) of Oxford Industries Limited. - The offer price is ₹5.00 per fully paid-up Equity Share. - The offer opens on June 12, 2026, and closes on June 25, 2026. - Payment for acquired shares is scheduled for July 10, 2026.

- IDC recommends acceptance of an Open Offer for Oxford Industries Limited shares by Saroj Kumar Choudhury. - Offer Price: ₹5.00 per share for up to 26.00% of equity. - IDC deems the offer fair and reasonable, noting it is above the independent valuation of ₹3.70 per share for the target company with negative book value.

New Filing detected. See link for details.

Mr. Saroj Kumar Choudhury has made an Open Offer to acquire up to 26.00% stake in Oxford Industries Limited (OIL) at ₹5/- per share, with the tendering period from June 12-25, 2026. This follows an agreement to acquire 43.70% from promoters at ₹3.62/- per share, bringing total potential holding to 72.46%. OIL's FY25 auditor's report noted a qualified opinion, net loss, eroded net worth, liabilities exceeding assets, cash losses, and material uncertainty regarding its going concern ability, alongside unpaid statutory dues and non-compliance with accounting software rules.

Navigant Corporate Advisors Limited issued a corrigendum updating the schedule of activities for the open offer by Saroj Kumar Choudhury to acquire up to 26.00% of Oxford Industries Limited shares at ₹5 per share. Key dates, including the offer opening and closing, have been revised, generally postponed by approximately one month. All other terms remain unchanged.

Oxford Industries Limited informed that the requirement for an Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015, is not applicable to the company. The company is claiming exemption under Regulation 15(2) as its paid-up equity share capital does not exceed ₹10 Crores and net worth does not exceed ₹25 Crores, therefore it is not required to submit the report for the year ended March 31, 2026.

Oxford Industries Limited reported Standalone Audited Financial Results for the Quarter Ended March 31, 2026. Net Profit (Loss) was ₹(8.63) Lacs for the current quarter compared to ₹(8.72) Lacs for the previous year's quarter (▲1.03% reduction in loss YoY). The statutory auditors issued a Qualified Opinion due to significant accumulated losses of ₹1,295.40 Lacs, complete erosion of net worth, and current liabilities exceeding current assets by ₹186.78 Lacs, raising material uncertainty about the company's ability to continue as a going concern. Mr. Manas Dash was appointed as Internal Auditor for FY 2026-27.

Oxford Industries Limited reported Standalone Operating Revenue of ₹0 for Q4 FY26, a 100% decline from ₹17.19 Lacs in Q4 FY25. EBITDA loss widened to ₹41.92 Lacs for the quarter, compared to a loss of ₹8.73 Lacs in Q4 FY25. Net Profit (PAT) loss slightly narrowed to ₹8.63 Lacs from ₹8.72 Lacs YoY. The statutory auditors issued a qualified opinion on the financial statements, citing significant accumulated losses of ₹1,295.40 Lacs, complete erosion of net worth, and current liabilities exceeding current assets, raising material uncertainty about the company's ability to continue as a going concern. The board also appointed Mr. Manas Dash as an Internal Auditor.

Standalone Total Revenue decreased to ₹0.70 Cr from ₹2.27 Cr (▼69.16% YoY). EBITDA improved to ₹0.57 Cr from a loss of (₹0.50) Cr (▲212.36% YoY). PAT turned profitable at ₹0.52 Cr from a loss of (₹0.50) Cr (▲203.97% YoY). EBITDA Margin significantly improved to 80.69% from -22.15%.

Oxford Industries Limited announced that a Board Meeting will be held on Thursday, 28th May, 2026, at 04:00 p.m. to consider and approve the Audited Financial Results for the Quarter and Year ended March 31, 2026, and to appoint an Internal Auditor for the Financial Year 2026-27.