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| Letter
to shareholders |
May 2, 2011
Dear Shareholder, Every 3000 sheets of papers cost us a
tree. Realizing this truth and for maintaining the most
exquisite planet of earth evergreen, the Ministry of
Corporate Affairs (“MCA”) has taken a “Green
Initiative in the Corporate Governance” by allowing
paperless compliances by the companies. To put it
precisely, MCA has issued a Circular on 21st April, 2011
stating that the service of notice / documents by a
company to its shareholders can now be made through
electronic mode.
Your company is always on the tip-toe to support such
noble initiation by MCA, it proposes to send documents
such as the Notice of the Annual General Meeting, Audited
Financial Statements, Directors’ Report, Auditors’
Report, etc., for the year ended on March 31, 2011 and
henceforth all the statutory documents to the shareholders
in Electronic Form.
You are holding Company’s share(s) in Electronic Form
and have registered abovementioned email id provided by
you or as made available in the records of the Depository
which has been made available to us by them. If you prefer
to receive the documents mentioned above in electronic
form, let us know by just clicking on this link &
filling in requisite details before June 30, 2011,
http://www.morarkafinance.in/green_initiatives/email_consent_form
, , failing which your consent to receive the documents by
email will be deemed.
The annual report shall also be available on the website
of the company on the below mentioned link in due course:
www.morarkafinance.in
In case you wish to receive the above documents in paper
mode, please inform us before June 30, 2011 by clicking
below mentioned link (investors@morarkafinance.in)
& recording your request with Name, DPID/Folio name,
DP name.
We are sure you would appreciate the “Green
Initiative” taken by MCA. We solicit your patronage and
support in helping the Company to implement the
e-governance initiatives of the Government. Please note,
as a valued shareholder, you are always entitled to
request and receive, free of cost, a printed copy of the
annual report of the company and all other documents.
Thanking you,
Yours faithfully,
For Morarka Finance Limited
Hemal Shah
Company Secretary
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- Basic stock market tip: One mistake that most novices make when the stock market prices are high is that these prices would continue to rise. However, this is a wrong view, since the stock market can fluctuate greatly at any time.
- Buy when prices are low: One of the best stock market tips and one that the successful people have followed is to buy stocks when their prices are low and wait until the prices rise. You should try to fix up a reasonable and practical income target.
- Think out of the box: Another thing that you should do in order to be more successful in the stock market is to take the opportunities that other investors give to you. If everyone else is selling their stocks, go out and buy some of theirs. If everyone is buying, sell some of yours.
- Diversify your investments: Another recommended step from many stock market tips that you could get to follow is to diversify your investments. Some companies may get to face hard times, and your investments on them may go downhill. That is why it is really recommended that you diversify your investment portfolio.
- Allowing your stock to grow: Another stock market tip that you should follow is that you need to allow time for your stocks to grow. When you buy stocks, don’t expect it to rise in value the next day. The value of good stocks usually grows slowly. You should always be patient and wait for the stock to grow in value.
Curtsey: stockmarketsoup.com
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