Appointment of Mr. Nitin Oza and Ms. Akansha Vaid as Non Executive Independent Directors of the Company w.e.f. 13th May,2025
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Oxford Industries' board, at its meeting on May 13, 2025, approved three appointments to strengthen compliance with the Companies Act 2013 and SEBI LODR regulations. Mr. Nitin Oza (Chartered Accountant with 25+ years of experience) and Ms. Aakansha Vaid (Company Secretary with 10+ years of experience in secretarial compliance, also holding an LLB and BBA) were appointed as Additional Directors (Non-Executive Independent) for 5-year terms. Additionally, Ms. Archana Sharma was appointed as Company Secretary and Compliance Officer designated as a Key Managerial Personnel. The board meeting ran from 5:30 PM to 6:30 PM and the intimation was signed by Managing Director Mazher N. Laila.
This is a routine governance and compliance update and is unlikely to move the stock price. It strengthens the board by adding two qualified independent directors and fills the KMP Company Secretary role, helping the company meet regulatory requirements.