ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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India Steamship Company Limited

The Trust's investment portfolio recorded a depreciation of about 2.3 per cent over the year. The overall depreciation in the market value of the Trust's investments over their book value, as of June 30, 1967, worked out to about 5.4 per cent. Of this, a sizeable part was accounted for by a decline in the values of fixed interest bearing securities which are redeemable. As a result of the depreciation, the net value of the assets of the Trust as on June 30, 1967 amounted to Rs

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