The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shabbir Laila
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Shabbir Laila, a member of the Promoter Group of Oxford Industries Ltd, has disclosed a sale of 2,76,520 equity shares (4.65% of total share capital) on August 18, 2025. The shares were transferred through an inter-se transfer by way of a gift to his brother. As a result of this transfer, Shabbir Laila's individual holding in the company has gone to zero. Since the transfer is within the promoter family, the overall promoter group shareholding in the company remains unchanged. The equity share capital of the company stands at Rs. 5,94,33,500 divided into 59,43,350 shares of Rs. 10 each.
This is an internal reshuffle within the promoter family and does not change the total promoter group holding in Oxford Industries, so there is likely no impact on shareholder structure or stock price. Retail investors should note that the disclosed individual now holds no shares, but overall promoter control remains intact.