Chairman
Dear Shareholder,
Sub: "GO GREEN" initiative of the Ministry of Corporate Affairs
("MCA"), Government of India
The Ministry of Corporate Affairs ("MCA"), Government of India, has taken a
"Green Initiative in the Corporate Governance" by allowing paperless compliances
by companies vide circular no. 17/2011 dated 21.04.2011 and circular no. 18/2011 dated
29.04.2011, in terms of which a company would have ensured compliance with the provisions
of Section 53 of the Act, if services of documents have been made through electronic mode.
Accordingly, the companies are now permitted to send various notices /documents to its
shareholders through electronic mode to the registered e-mail addresses of shareholders.
This move by the Ministry is welcome since it will benefit the society at large through
reduction in paper consumption and contribution towards a Greener Environment.
Accordingly, henceforth, the Company proposes to send all the Annual Reports, Notices and
other shareholder communications etc in electronic form to those members who have
registered their email address with their Depository Participants ("DP") and
made available to us by the depositories. The members who are holding shares in electronic
form but who have not registered their email id with the DP are requested to register
their email address with DP. Shareholders are requested to intimate the change in email
address to your DP.
For shares held in physical form, shareholders are requested to register their email
address with M/s. Universal Capital Securities Private Limited by furnishing their name
and folio number at their email address at gamare@mondkarcomputers.com or by writing at
M/s. Universal Capital Securities Private Limited, 21, Shakil Niwas, Opp. Satya Saibaba
Temple, Mahakali Caves Road, Mumbai – 400 093 or at the Company’s registered
office / email address: agehani@hotmail.com.
Those shareholders who have not registered their email address shall be sent all the
documents in physical form by post.
Kindly also note that if you still wish to get a hard copy of the above documents, the
Company will sent the same free of cost upon receipt of request from you.
We are sure that you will welcome the "Green Initiative" taken by the MCA and
your company’s desire to participate in the same.
We look forward to your support in this initiative. Thanking you, Yours faithfully,
For Sovereign Diamonds Limited.
Sd/-
(Ajay Gehani)
Managing Director
Dated: August 30, 2011
Place: Mumbai