DIVISION CHIEF
SECONDARY MARKET DEPARTMENT – I

SMD-I(N)/JJ/2621/95
11 July 1995

To,

The Presidents/Executive Directors
of all Stock Exchanges.

Dear Sir,

Effective Year of Submission of Cash Flow Statement

With reference to our letter no.SMD-I(N)/JJ/2331/95 dated June 26, 1995, it has been decided that the requirement of submitting Cash Flow Statement by the companies along with the Annual Report is to be made effective for the accounts prepared by the companies from the financial year 1995-96.

Yours faithfully,
sd/-

R.V. NABAR

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