Shocking development

Kashmir Times. Dated: 1/10/2019 12:00:50 PM

Dear Editor
It is shocking to receive Postal Ballot Form etc. from Havels India Limited in one envelope of three shareholders though with a common address as Financial matters are very personal which must not / cannot be shared with other family members. It contains details of Number of shared held etc. Moreover, rightly an adult person has an individual identity and has separate financial and other matters to deal oneself. Every shareholder from a family deals independently in share market. Also, few persons living in apartments may have common addresses, but they are not one family living together under the same kitchen or roof.
The SEBI must not only ensure such financial matters secrecy from all companies for its shareholders but also penalise it for such a breach of trust by amending appropriate Act/ Rules etc. under question.
The plea if any of saving of Postal / Courier charges is not sustainable under the law / moral duty etc.
Mahesh Kumar
B-49, Gulmohar Park, New Delhi

 

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