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

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NEW DELHI-Rough Going for SAIL

 able to purchase sufficient raw materials to maintain minimum production. While, in the preceding two years, earnings from fabrication jobs came to the company's rescue, this source could not be of much help during 1974-75 as the company could not accommodate its customers with the same credit facilities as extended earlier. The management is engaged in mobilising resources and seeking further funds to overcome the shortage of finance. M L Shah, who had been chairman for a long period, resigned from the board in May 1975. S C Roy has been elected in his place.

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