SAMTEL (INDIA)-Demand Recession

This will place the company in an advaniageom position. Another policy measure to have favou- rably affected marketability of indigenous tinplate is the withdrawal of GATT concessions from March 1, 1993. Following these developments the current year's results are expected to be better. Exports during 1992-93 under Duty Exemption Entitlement Certificate scheme amounted to Rs 1.150 lakh. The company has embarked on its cold rolling mill project in order to be self-sufficient in the requirement of raw material for the ETP plant. The issue of fully convertible debentures made during the years is for financing the project.