The following is the information of JSP Limited listed on BSE: (a) The paid up equity share capital of the company is ₹ 11,50,00,000 comprising of 1,15,00,000 equity shares of ₹ 10 each. (b) The promoters of the company

The following is the information of JSP Limited listed on BSE: (a) The paid up equity share capital of the company is ₹ 11,50,00,000 comprising of 1,15,00,000 equity shares of ₹ 10 each. (b) The promoters of the company viz. Mr. Jayanth together with his relatives and associate companies are holding 60,12,166 equity shares, representing 52.25% of the total paid up capital of the company as on 31-03-2011. (c) The promoters intend to acquire further 15% (575000 equity shares) of total share capital of the company under regulation 3(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 (hereinafter referred as "Takeover Regulations") in the financial year 2013-14. (d) Further, they are desirous of increasing their holding by further 5% equity shares (5,75,000) in each financial year of 2014-15, 2015-16, 2016-17 in terms of the regulations without making any public announcement, by way of purchase from the open market in normal segment on the stock exchange. (e) The said acquisitions shall also not be through bulk/block deal/negotiated deal or preferential allotment. In light of the above information, explain the following: (b) Can the promoters further acquire 5% additional shares as per regulation 3(2) of the Takeover Regulations in each financial year 2014-15, 2015-16 and 2016-17 till reaching the level of 75% of the paid up share capital of the company.