Dear Member,
Sub: Green initiative in Corporate Governance - Electronic Mode of Service of Documents
The Ministry of Corporate Affairs (MCA) has taken a "Green Initiative in Corporate
Governance" and vide Circular no. 17/2011 dated 21.4.2011 and Circular No. 18/2011
dated 29.4.2011, has allowed Companies to dispatch documents to shareholders through
electronic mode to their registered e-mail addresses. Clause 32 of the Listing Agreement
has also been amended to allow Companies to send soft copies of full annual reports to all
those 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 at
large to contribute towards greener environment. It will also, ensure prompt receipt of
communication and avoid loss in postal transit. Considering all these factors, your
company has taken a step forward to participate in this initiative and therefore
delivering this notice of AGM and Annual Report 2016-17 electronically in compliance with
the said circulars.
Please note that these documents will also be available on the Company's website
www.shetrongroup.com.
Upon receipt of a requisition from you, we will supply a printed copy of the Annual
Report by post.
We thank you for your participation in the "Green Initiative" of the
Government. Please inform any changes in your e-mail address to us / our 'Registrar &
Transfer Agent Integrated Registry Management Services Private Limited (for share held in
physical mode) or to your Depository Participant (for shares held in Demat mode).
Thanking You,
Yours Faithfully
For Shetron Limited
Diwakar S Shetty
Executive Chairman