The full form of AGM in the share market is Annual General Meeting. This is the yearly assembly of all the company’s shareholders and its board of directors. During this meeting, the directors present an annual report on the company’s performance to the shareholders.

What Happens in the AGM?

During the AGM, the directors report on the company’s performance to the shareholders. Shareholders then vote on various important matters, including the appointment of the board of directors, the selection of auditors, dividend payments, and executive compensation. Those who cannot attend the meeting in person have the option to vote online or via email. Additionally, shareholders can raise concerns and ask questions to the company directors.

When is the AGM Conducted?

The AGM is the primary opportunity for shareholders and company directors to interact. The key objectives of this meeting are to elect the board of directors and address any issues the company may be facing. Companies that calculate their market capitalization from March 31st must ensure they hold their AGM within five months after the end of the financial year.