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Raasi Refractories Ltd.

BSE: 502271 Sector: Engineering
NSE: N.A. ISIN Code: INE858D01017
BSE LIVE 15:15 | 16 Oct 4.63 -0.24
(-4.93%)
OPEN

4.63

HIGH

4.63

LOW

4.63

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 4.63
PREVIOUS CLOSE 4.87
VOLUME 1000
52-Week high 19.70
52-Week low 4.63
P/E
Mkt Cap.(Rs cr) 2
Buy Price 0.00
Buy Qty 0.00
Sell Price 4.87
Sell Qty 50.00
OPEN 4.63
CLOSE 4.87
VOLUME 1000
52-Week high 19.70
52-Week low 4.63
P/E
Mkt Cap.(Rs cr) 2
Buy Price 0.00
Buy Qty 0.00
Sell Price 4.87
Sell Qty 50.00

Raasi Refractories Ltd. (RAASIREFRACTOR) - Chairman Speech

Company chairman speech

Message to the Shareholders

Dear Shareholders,

Subject: Green Initiative- Electronic Mode of Service of Notices/Documents

The Ministry of Corporate Affairs, Government of India has taken "Green Initiativein Corporate Governance" by allowing paperless compliances by Companies throughelectronic mode. As per the recent circular no.17/2011dated 21.4.2011 and circular no.18/2011 dated 29.4.2011 issued by the Ministry of Corporate Affairs, Companies can nowsend notices and documents, including annual report, to its shareholders throughelectronic mode to the registered e-mail address of shareholders. If company sendscommunication through email, it will be in compliance with the Section 53 of the CompaniesAct, 1956. Your company supports and welcomes this laudable initiative of the Governmentfor e-communication. The company is sure that shareholders too as responsible citizens ofcountry will support this initiative by registering themselves with the companyfore-communication.

It is a welcome move for the society at large, as this will reduce paper consumption toa great extent and allow shareholders to contribute towards a Greener Environment. This isa golden opportunity for every shareholder of Raasi Refractories Ltd. to contribute to theCorporate Social initiative of the Company. You will be able to receive communicationspromptly and without loss in transit.

It is proposed that henceforth documents like Notices of Meetings, Annual Reports,Directors' Reports Auditors' Report and other shareholder's communications be sentelectronically through email to the email addresses provided to Depository viz. NDSL/CDSLor to the Registrars & Transfer Agents.

We are sure that you would appreciate the "Green Initiative" taken by MCA andyour company's desire to participate in such initiatives.

You are requested to kindly update your email ID with your DP with whom you have yourdemat account or to the Registrars & Transfer Agents (Shareholders holding the sharesin the physical form) as and when there is a change in your email address.

Thanking you,

Yours Faithfully,

For Raasi Refractories Ltd.

R.C.Biswas

Director-Operations