Dear Shareholders
Subject: Green Initiateive - Electronic Mode of Service of Notices /
Documents
The Ministry of Corporate Affiars, Government of India has taken,
Green Initiate in Corporate Governance by allowing paperless
compliances by Companies through electronic mode. As per the recent
circular no.17/ 2011 dated 21.04.2011 and Circular No.18/2011 dated
29.04.2011 issued by the Ministry of Corporate Affairs, Companies can
now send notices and documents, including annual report, to its
shareholders through electronic mode to the registered e-mail address
of shareholders. If Company sends communication through email , it will
be in compliance with the Section 53 of the Companies Act, 1956. Your
Company supports and welcomes this laudable initiative of the
Government for e-communication. The Company is sure that shareholders
too as responsible citizens of country will support this initiative by
registering themselves with the Company for e-communication.
It is a welcome for the large society, as this will reduce paper
consumption to a great extent and allow shareholders to contribute
towards a Greener Environment. This is a Golden Opportunity for every
shareholder of Raasi Enterprises Limited to contribute to the Corporate
Social Initiative of the Company. You will be able to receive
communications promptly and without loss in trasit.
It is proposed that henceforth documents like Notices of Meetings,
Annual Reports, Directors'' Report, Auditors'' Report and other
Shareholders'' Communications be sent electronically through email to
the email addresses provided to Depository viz. NSDL/CDSL or to the
Registrars and Transfer Agents.
We are sure that you would appreciate the Green Initiative taken by
MCA and your Company''s desire to participate in such initiatives.
You are requested to kindly update your email ID with DP with whom you
have your demat account or to the Registrars and Transfer Agents
(Shareholders holding the shares in the Physical Form) as and when
there is a change in your email address.
Thanking you
Yours faithfully
For RAASI ENTERPRISES LIMITED
K.V.Vishnu Raju
Chairman