Sub: Green initiative in Corporate Governance - Electronic Mode of Service of Documents
The Ministry of Corporate Affairs (MCA) has taken a "Green Initiative in CorporateGovernance" and vide Circular no. 17/2011 dated 21.4.2011 and Circular No. 18/2011dated 29.4.2011 has allowed Companies to dispatch documents to shareholders throughelectronic mode to their registered e-mail addresses. Clause 32 of the Listing Agreementhas also been amended to allow Companies to send soft copies of full annual reports to allthose shareholders who have registered their e-mail addresses for the purpose.
This welcome move will reduce paper consumption to a great extent and allow public atlarge to contribute towards greener environment. It will also ensure prompt receipt ofcommunication and avoid loss in postal transit. Considering all these factors yourcompany has taken a step forward to participate in this initiative and thereforedelivering this notice of AGM and Annual Report 2016-17 electronically in compliance withthe said circulars.
Please note that these documents will also be available on the Company's websitewww.shetrongroup.com.
Upon receipt of a requisition from you we will supply a printed copy of the AnnualReport by post.
We thank you for your participation in the "Green Initiative" of theGovernment. Please inform any changes in your e-mail address to us / our 'Registrar &Transfer Agent Integrated Registry Management Services Private Limited (for share held inphysical mode) or to your Depository Participant (for shares held in Demat mode).
For Shetron Limited
Diwakar S Shetty