Oxford Industries Limited will convene a board meeting on July 17, 2026, to deliberate on the reduction of share capital due to accumulated business losses and the shifting of its registered office from one state to another. The meeting is scheduled to take place at the company's registered office in Mumbai at 4:00 p.m.

The Board of Directors will consider the appointment of a Statutory Auditor to fill a casual vacancy and the appointment of a Chief Financial Officer. Additionally, the board will evaluate the enlargement of the Main Object Clause of the Memorandum of Association, subject to shareholder approval in the ensuing Annual General Meeting (AGM).

The intimation was submitted to BSE Limited in compliance with Regulation 29 and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting agenda also includes provisions for any other items that may require the chair's permission.

Oxford Industries Limited’s statutory auditor, M/s. PAMS & Associates Chartered Accountants, resigned effective June 19, 2026, citing geographical constraints that have made it impractical to efficiently conduct audit procedures. The firm stated that the closure of its Mumbai branch in 2024 and the increasing compliance requirements for a listed entity have made it difficult to manage the audit from its Bhubaneswar office. The resignation creates a casual vacancy that the company’s Board and Audit Committee will address in upcoming meetings by appointing a new statutory auditor.

The auditor confirmed there are no other material reasons for the resignation and no unresolved issues or qualifications requiring the attention of members or creditors. M/s. PAMS & Associates was appointed at the 44th Annual General Meeting held on September 23, 2025, with a term scheduled to expire on March 31, 2030. The firm had submitted the audit report for the year ended March 31, 2026, on May 28, 2026.

Auditor Details

The company has intimated the stock exchanges regarding the resignation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditor will file Form ADT-3 with the Registrar of Companies within the prescribed time.