The Ministry of Corporate Affairs (MCA) has taken a “Green Initiative in Corporate Governance” (Circular No. 17/2011 dated 21.04.2011 and Circular No. 18/2011 dated 29.04.2011) allowing paperless compliance’s by Companies through electronic mode. Companies are now permitted to send various notices /documents to its shareholders through electronic mode to the registered e-mail addresses of shareholders.
Email Communications to Shareholders has following advantages :
- Receipt of all communications without any delay/loss during transit.
- Environment friendly.
- These documents can be easily stored in soft copy eliminating the requirement of storage of bulky documents for future reference.
As a responsible corporate citizen, your Company welcomes and supports the Green Initiative taken by the MCA, as this will reduce paper consumption to a great extent and allow the members to contribute towards a greener environment. This will also ensure prompt receipt of communication and avoid loss in postal transit.
In view of above, we are proposing to provide an option to our members for receiving all documents and communications including notices, abstract, Annual Report etc., via e-mail.
- For Members holding shares in electronic form, the e-mail address provide by them and made available to us by the depositories will be used for sending such documents. If you desire to have a different e-mail ID registered, please update the same with your Depository Participant (DP) or email at cs@FazeThree.com
- Members holding shares in physical form are requested to register their valid email address with the Company by writing at Company’s Corporate Office address or by sending an e-mail at cs@FazeThree.com mentioning their name & folio no.
However, even if you opt for electronic mode, as a member of the Company, you will be entitled to be furnished, free of cost, with a physical copy of the Balance Sheet of the Company and all other documents required by law to be attached thereto and all other communication that may be sent to you, upon receipt of requisition from you to this effect.
We look forward to seek your co-operation in helping the Company to implement the ‘Green initiative’ of the Government as your support will go a long way in saving trees and also result in substantial cost savings.