Rural Electrification Corporation Statement of the Chairman, Shri B Venkatappiah THE following is the Statement of the Chairman, ShriB Venkatappiah, at the 1st AnnualGeneral Meeting of the Shareholdersheld in New Delhi on December 26, 1970: GENTLEMEN It gives me meat pleasure to welcome you all to this first ammal general meeting of the shareholders of the Rural Electrification Corporation. Tin: Directors" Report and the Statement of Accounts for the year ended March 31, 1970, have already been circulated to you anil with your permission I shall take them as read.