Saroj Kumar Choudhury Launches Open Offer for Oxford Industries Ltd Shares
An open offer has been announced for Oxford Industries Ltd ('OIL' or 'Target Company'), initiated by Saroj Kumar Choudhury ('the Acquirer').Under the terms of the open offer, the Acquirer seeks to acquire up to 15,45,271 equity shares of Oxford Industries Ltd. Each share has a face value of Rs. 10/-. The acquisition is being offered at a price of Rs. 5/- per fully paid-up Equity Share.
This proposed acquisition represents 26.00% of the fully paid up and voting share capital of Oxford Industries Ltd.
The details regarding the open offer were published on June 1, 2026. The announcement appeared in major Indian dailies, including Financial Express (English Daily, all editions), Jansatta (Hindi Daily, all editions), and Pratahkaal (Marathi Daily, Mumbai edition).
Stock Price Movement
Oxford Industries Ltd is currently down 1.97%, trading at ₹20.95 as of 15:16. The shares are locked into a completely flat range today, with the intraday high and low both resting at ₹20.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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