Re: Green Initiative in Corporate Governance
The Ministry of Corporate Affairs (“Ministry”) has undertaken a “Green Initiative in Corporate Governance” by allowing paperless compliances by companies through electronic mode. In accordance with the recent circular bearing no.17/2011 dated 21.04.2011 and 18/2011 dated 29.04.2011 issued by the Ministry, companies can now send various notices /documents (including notice calling Annual General Meeting, Audited Financial Statements, Directors’ Report, Auditors Report etc) to their shareholders through electronic mode, to the registered email addresses of the shareholders.
It is a welcome move for the society at large, as this will reduce paper consumption to a great extent and allow public at large to contribute towards a greener environment.
This is also a golden opportunity for every shareholder of iStreet Network Limited (the Company) to contribute to the environment. All you have to do is to register your e-mail id with the Company to receive communication through electronic mode.
ADVANTAGES OF REGISTERING FOR E-COMMUNICATION:
- Receive communication promptly
- Reduce paper consumption and save trees
- Eliminate wastage of paper
- Avoid loss of document in postal transit
- Save costs on paper and on postage
We therefore request all our shareholders to contribute to the cause by filling up the form for registering your email ID.
Alternatively, you can register your email ID with your Depository Participant as well.
Kindly note that if you wish to get a hard copy/ physical copy of all the communications, the Company undertakes to provide the same at no extra cost to you.
We look forward to your active participation in this ‘Green Initiative’.