- Business
- Golden Tobacco Limited engages in the manufacturing, purchasing, processing, selling, and marketing of tobacco and tobacco-related products primarily in India. The company offers a range of cigarettes including full flavor, lights, ultra lights, menthol, menthol lights, extra menthol lights, slim/super slim varieties, and packed types; cigars and cigarillos; as well as processed tobacco, with brands such as Panama, Flair, Chancellor, Esquire, Legend, and Burton. It operates world-class manufacturing units in Vadodara, Gujarat, and Guntur, Andhra Pradesh, with additional facilities historically in Mumbai now repurposed for real estate development, and exports products to the United States, Europe, Russia, Singapore, Cambodia, Japan, the Middle East, and other international markets. Founded in 1930 by Narsee Monjee as a proprietary firm and taken over by the Dalmia Group in 1979, Golden Tobacco Limited maintains its headquarters in Vadodara, India. In recent developments, the company remains under the Corporate Insolvency Resolution Process (CIRP) initiated in June 2022, with the National Company Law Appellate Tribunal (NCLAT) extending the timeline to October 17, 2025, setting aside prior NCLT orders for forensic audit, and directing reconstitution of the Committee of Creditors following claim resolutions for financial creditors including Central Bank of India and Arrow Engineering.