As the annual earning season comes to the end companies start sending their annual report to their share holders as a customary tradition and the majority of share holder even bother to read the report. For them it is just a piece of garbage. If we take an example of India's largest petrochemical giant who has largest share holder base in tune of millions and they receive the annual report from the company every year. We can imagine how much precious resource is being wasted just to follow the tradition.The SEBI and companies should take initiative to start sending annual report to shareholders in the electronic format. At least they can give choice to the share holders to opt between the two method. It will save the substantial amount of resource and also helps us in saving the environment.
As the annual earning season comes to the end companies start sending their annual report to their share holders as a customary tradition and the majority of share holder even bother to read the report. For them it is just a piece of garbage. If we take an example of India's largest petrochemical giant who has largest share holder base in tune of millions and they receive the annual report from the company every year. We can imagine how much precious resource is being wasted just to follow the tradition.
