AGM Full Form in Share Market: In the world of the share market, AGM stands for Annual General Meeting. This is an important yearly gathering where a company’s shareholders and board of directors come together. During this meeting, the company’s directors present an overview of the company’s performance, allowing shareholders to get a clear picture of the business’s progress over the year.
What Happens During an AGM?
At the AGM, the board of directors gives a detailed performance report to the shareholders. This meeting also serves as a platform for shareholders to cast votes on key matters such as the appointment of board members, the selection of auditors, executive compensation, and the payment of dividends. Those who cannot attend in person are given the option to participate through online voting or email. The AGM is also a space where shareholders can voice concerns or ask questions directly to the directors.
When is the AGM Held?
The AGM is one of the few times when shareholders and company directors interact face-to-face. The primary purpose of this meeting is to elect the board of directors and address any significant issues facing the company. Companies whose fiscal year ends on March 31 are required to hold their AGM within five months of the close of the financial year. AGM Full Form in Share Market
This structured meeting plays a crucial role in keeping shareholders informed and engaged, ensuring transparency and accountability within the company.
