Navigant Corporate Advisors Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Detailed Public Statement for the attention to the Shareholders of Oxford Industries ....
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Navigant Corporate Advisors Ltd, acting as Manager to the Offer, has submitted a corrigendum (correction) to the Detailed Public Statement filed with BSE regarding an open offer for Oxford Industries Ltd. The open offer is by individual acquirer Saroj Kumar Choudhury, who proposes to acquire up to 15,45,271 equity shares of face value Rs. 10 each at a price of Rs. 5 per share, representing 26% of the fully paid-up share capital. The filing is made under SEBI Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011, and corrects the original Detailed Public Statement published on 01 June 2026 in Financial Express, Jansatta, and Pratahkaal newspapers. The corrigendum has been certified as identical between soft copy and hard copy versions.
This is a procedural correction to an already announced open offer. Shareholders of Oxford Industries should review the corrigendum for any changes in offer terms; the offer price of Rs. 5 per share is notably low compared to the face value of Rs. 10, suggesting a potential deep discount that warrants careful evaluation by investors.