Special Steels

in 1988-89 to 130 days in the latest year.
In all about Rs 12.40 crore were raised and used by the company during the year. The sources of funds consisted of increase in share capital on account of the capitalisation of reserves for the issue of 1:1 bonus shares of Rs 2.00 crore and increase in current liabilities and provisions Rs 5.14 crore 94 per cent of which consisted of increases in sundry creditors.