Oxford Industries Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026.

Regulatory Compliance Submission

The company filed the mandatory certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 on 6th March, 2026. The submission was signed by Kattakota Satyabati Devi, Whole Time Director of the company.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Share Transfer Agent, provided the compliance certificate dated 1st April, 2026. The registrar confirmed that securities received from depository participants for dematerialisation during Q4FY26 were properly processed according to regulatory requirements.

The certificate confirms that:

• Securities received for dematerialisation were confirmed to depositories within prescribed timelines
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All securities are listed on stock exchanges where earlier issued securities are listed

Corporate Details

Oxford Industries Limited operates from its registered office at 136-B, Ansa Industrial Estate, Saki Vihar Road, Sakinaka, Andheri (East), Mumbai. The company trades on BSE under scrip code 514414 and maintains its corporate registry services through MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited.

This quarterly submission represents part of the company's ongoing compliance with SEBI regulations governing depositories and participants, ensuring transparent and regulated handling of securities dematerialisation processes.

Oxford Industries Limited is set for a mandatory open offer following the submission of a draft letter of offer by Navigant Corporate Advisors Limited to SEBI on March 30, 2026. The open offer, mandated under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, represents a significant corporate development for the textile company.

Open Offer Details

Saroj Kumar Choudhury, the acquirer, proposes to acquire up to 15,45,271 equity shares of Rs 10 each, representing 26.00% of Oxford Industries' fully paid-up equity and voting share capital. The offer price has been set at Rs 5 per equity share, with the shares to be acquired free from all liens, charges, and encumbrances.

Trigger for Open Offer

The mandatory open offer was triggered following Choudhury's execution of a Share Purchase Agreement (SPA) dated March 12, 2026. Under this agreement, he agreed to purchase 25,97,370 equity shares constituting 43.70% of the company's fully paid-up equity share capital from existing promoters at approximately Rs 3.62 per equity share.

Acquirer Background

Saroj Kumar Choudhury, aged 57 years, is a resident Indian currently serving as Managing Director of Oxford Industries Limited. He holds a Master of Business Administration degree in Information Technology and brings over 25 years of experience in IT Infrastructure Management. His certified net worth stands at Rs 194.35 lakhs as of March 12, 2026.

Currently, Choudhury holds 1,64,200 equity shares (2.76%) in Oxford Industries as a public category shareholder. Upon completion of both the SPA and the open offer (assuming full acceptance), his total shareholding would reach 43,06,841 equity shares, representing 72.46% of the company's equity capital.

Company Profile

Oxford Industries Limited, incorporated in 1980, operates in the textile segment with its registered office located in Mumbai. The company's authorized capital stands at Rs 1,550.00 lakhs, while the issued, subscribed, and paid-up capital is Rs 594.34 lakhs divided into 59,43,350 equity shares of Rs 10 each. The company's shares are listed on BSE Limited under scrip code 514414.

Regulatory Framework

The open offer is being conducted through the stock exchange mechanism provided by BSE Limited, with Allwin Securities Limited appointed as the buying broker. MUFG Intime India Private Limited serves as the registrar to the offer. The acquirer has deposited Rs 20.00 lakhs in an escrow account with Axis Bank Limited, exceeding the required 25% of the offer consideration.

Strategic Objectives

Choudhury's primary objective is to acquire management control of Oxford Industries Limited. He proposes to continue the existing business operations while potentially diversifying into other areas with prior shareholder approval. The acquisition aims to expand the company's business activities through effective control while utilizing the ready listing platform.

The offer represents a significant change in Oxford Industries' ownership structure, with existing promoters set to exit their positions and be reclassified as public shareholders upon completion of the transaction.