The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shabbir Laila
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Shabbir Laila, part of the promoter group of Oxford Industries Ltd, has submitted a revised disclosure under SEBI SAST Regulation 29(2) for the transfer of 2,76,520 equity shares (4.65% of total voting capital) on August 22, 2025. The shares were transferred via inter-se transfer by way of gift to his brother. Before the transaction, Shabbir Laila held 2,76,520 shares (4.65%); after the transfer, his holding stands reduced to 0 shares (0%). The company's total equity share capital remains Rs. 5,94,33,500 divided into 59,43,350 equity shares of Rs. 10 each.
Since this is an inter-se transfer (gift) within the promoter family, the total promoter group shareholding of Oxford Industries Ltd remains unchanged - no real change in control or promoter stake. Retail investors should view this as a personal estate transfer among promoter family members rather than a meaningful change in promoter commitment to the company.