• Home
  • E-Paper
  • Archive
  • Contact us
  • Daily Pakistan
Sunday, October 1, 2023
  • Login
Daily The Patriot
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Showbiz
  • Technology
  • Editorial
  • Opinion
  • E-Paper
    • Archive E-Paper
No Result
View All Result
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Showbiz
  • Technology
  • Editorial
  • Opinion
  • E-Paper
    • Archive E-Paper
No Result
View All Result
Daily The Patriot
No Result
View All Result
Home City

SECP allows companies circulation of annual reports via e-mail

by Daily Patriot
September 23, 2014
in City
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD (DNA): In order to reduce the cost of compliance with regulatory requirements for companies through effective use of technology, the SECP has allowed electronic transmission of annual reports along with notices of annual general meetings. 

 A notification issued by the SECP has permitted companies to send their annual reports along with notice of annual general meetings to their members through e-mail provided they have given their consent in advance and have registered their e-mail address with the company. Companies shall, however, have to send aforesaid documents by registered post/courier to those members who do not opt for electronic transmission. The notification can be viewed at the SECP’s website.

 This initiative has been taken by the SECP considering significant expenses associated with printing of financial statements both in terms of monetary cost for companies and environmental cost to the society in terms of use of paper. It has been noted that particularly for listed companies, printing cost of financial reports has become a major concern.

 In book entry environment, where minimum size of tradable lot is 20 shares, there has been considerable increase in number of members of some listed companies. This initiative, however, shall benefit all companies by providing shareholders an opportunity to assess the costs vis-a-vis benefits of publication of financial reports and decide as they deem fit.

lindsay lohan trends front to white-coloured cabin correspondents
isabel marant sneakers San Francisco Beauty and Accessories

we everybody as seen their ads
burberry outletH to open first Alabama store in Huntsville

Related

Daily Patriot

Daily Patriot

Next Post

Regularization: Govt directed to form body to examine criteria

Latest News

رضوان Rizwan
Sports

Experimented in warm-up but fielding needs to be improved: Rizwan

by Daily Patriot
September 30, 2023
0

National team wicketkeeper-batsman Muhammad Rizwan has said that we have tried to read the Indian condition but we have to...

Read more
Anushka and Virat expecting second child: Indian media

Anushka and Virat expecting second child: Indian media

September 30, 2023
American media reports have said that the supreme leader of the Afghan Taliban, Haibatullah Akhwandzada, had instructed the Afghan people not to fund the outlawed TTP.

Afghanistan arrested more than 200 TTP terrorists involved in Chitral attack

September 30, 2023
Terrorist incidents during Eid Milad-ul-Nabi in Balochistan and Khyber Pakhtunkhwa

Terrorist incidents during Eid Milad-ul-Nabi in Balochistan and Khyber Pakhtunkhwa

September 30, 2023
Security forces foiled an attempt to infiltrate into Pakistan from Afghanistan and killed 3 terrorists. According to the Public Relations Department of the Pakistan Army, ISPR, the security forces conducted an operation near the Pakistan-Afghan border in Zhob and foiled the attempt of the outlawed TTP terrorists to infiltrate into Pakistan from Afghanistan. According to ISPR, TTP terrorists were coming from Afghanistan to Pakistan near Sambaza and 3 terrorists were killed and some were injured in the action of security forces. According to the Public Relations Department of Pakistan Army, during the operation, 4 jawans also martyred, Havaldar Sattar, Lance Naik Sher Azam, Lance Naik Adnan and Sepoy Nadeem fought bravely.

Infiltration attempt from Afghanistan to Pakistan failed, 3 terrorists of TTP were killed

September 29, 2023
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Showbiz
  • Technology
  • Editorial
  • Opinion
  • E-Paper
Call us: 051-233-1674

© 2023DAILY PATRIOT - For the latest news updates from the Daily Patriot. Download Our Apps image description image description

No Result
View All Result
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Showbiz
  • Technology
  • Editorial
  • Opinion
  • E-Paper
    • Archive E-Paper

© 2023DAILY PATRIOT - For the latest news updates from the Daily Patriot. Download Our Apps image description image description

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In