WEST BENGAL-Stability A Remote Prospect

increased by less than 4 per cent at Rs2.84 crores, hut this has been arrived at after charging Rs 47 lakhs paid by way of additional bonus for the previous year in terms of a settlement with various unions. The Controller of Capital Issues declined to accord consent to the company's proposal to issue bonus shares as it failed to satisfy one of the additional guidelines covering issue of bonus shares, The company has since made a fresh application.