The Jay Engineering Works Limited-Statement of the Chairman, Lala Charat Ram

September 4, 1971 power in the area of supply. There are yet 16 villages in our area to be electrified and it is hoped to electrify these during this year. Special attention is being paid to street light extensions and as also to supply to Harijan Colonies, To meet the additional capital requirements of all these increased activities, the Company proposed to utilise the balance of Rs 9 lakhs, in Fixed Deposits in the Banks out of the Mayavaram- Mannargudi-Tiruvarur Electrical Undertaking compensation amount, this year and, for further capital requirements in the future years, we shall seek recourse to borrowing from Government or the THE following is the statement of Lala Charat Ram, Chairman of the Jay Engineering Works Ltd, delivered at the thirty-fourth Annual General Meeting as also to supply to Harijan Colonies.