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FROM THE CHAIR- The Mysore Paper Mills Ltd, Bangalore 2

October 3, 1970 concrete shape. Last year, I referred to the placing of order for two new ships in West Germany and also to the acquisition of a second-hand ship. l am happy to state that the said secondhand ship has been purchased. It is in excellent condition and is suitably equipped for the trades in which the Company is participating. The question of the acquisition of further vessels is under the active consideration of your Directors, THANKS The Secretary of the Ministry of Transport, the Joint Secretary and Di- THE following is the Speech delivered by Sri I P Mallappa, IAS, Chairman and Managing Director, The Mysore Paper Mills Limited, at the Thirty-fifth Annual General Meeting of the Company held at Bangalore on Monday, September 28, 1970:

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