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| Exchange Received Time 12/06/2018 17:04:37 Exchange Disseminated Time 12/06/2018 17:04:41 Time Taken 00:00:04 | With reference to the captioned letter dated June 6, 2018 from M/s. J.P. Financial Services Pvt. Ltd. (PAC) addressed to you with a copy marked to us in respect of acquisition we would like to inform you pursuant to Regulation 30 and other regulations applicable, if any, of the Listing Regulations, as also other laws as applicable, that they have acquired 44,02,201 Equity Shares of the Company on June 4, 2018 consequent to open offer.
We would like to inform you that as per our earlier disclosure letter dated April 27, 2018 informing the Hon'ble NCLT Kolkata Bench order dated April 26, 2018, where the Hon'ble Tribunal had directed to the respondent i.e. M/s J.P. Financial Services Pvt. Ltd. '….maintain the status quo of the petitioners fixed assets and shares till the next date of hearing i.e. May 17, 2018 and further to that in the petition filed by M/s J.P. Financial Services Pvt. Ltd. before the same bench the Hon'ble Tribunal had observed that '….let SEBI to proceed with its programme relating to the open offer. However any outcome of that proceedings shall be subject to decision in IA No. 423/KB/2018 and C.P.543/KB/2018.
However, we would like to state that the said matter is sub-judice and pending before the Hon'ble NCLT Kolkata Bench and the Next date of hearing is fixed on July 31, 2018. It is therefore, requested that status quo may kindly be maintained and no further proceedings in the shares of Golden Tobacco Co Ltd until the NCLT Kolkata decides the matter finally.
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