Here’s a preview of the scheduled Annual and Extraordinary General Meetings for companies in the upcoming week of August 2024. The agenda includes pivotal discussions on financial outcomes, strategic initiatives, and crucial governance matters, marking significant decision-making events for stakeholders.
What is the Annual General Meeting?
An Annual General Meeting (AGM) is a mandatory yearly gathering of a company’s interested shareholders. At the AGM, directors of the company present an annual report containing information for shareholders about the company’s performance and strategy.
What is an Extraordinary General Meeting?
An Extraordinary General Meeting (EGM) is a special meeting convened by a company outside its regular, scheduled Annual General Meeting (AGM). It addresses urgent matters that cannot wait for the next AGM, requiring immediate shareholder input and decisions.
List of Upcoming AGM/EGM this week August 2024
The following table shows the Upcoming AGM/EGM of NSE NIFTY of this week August 2024:
| Company Name | AGM Date | AGM Agenda |
| INDUSIND BANK LIMITED | Aug 27, 2024 | The board agreed to hold the 30th AGM on August 27, 2024, in Pune, with details sent electronically to registered members. Plans were made to raise Rs. 20,000 crores through debt securities and augment capital by Rs. 10,000 crores through securities issuance, pending member and regulatory approval.. |
Upcoming AGM/EGM August 2024 – FAQs
The main difference between an Extraordinary General Meeting (EGM) and an Annual General Meeting (AGM) lies in their frequency and purpose. An EGM is called sporadically to address urgent issues, while an AGM is a regular annual event focusing on standard agenda items like financial statements and elections.
| Aspect | EGM (Extraordinary General Meeting) | AGM (Annual General Meeting) |
| Frequency | Called as needed for urgent matters | Held annually as a regular event |
| Purpose | Addresses specific, urgent issues | Covers standard items like financials and elections |
| Scheduling | Convened at any time outside the regular AGM cycle | Scheduled as part of regular corporate governance |
Yes, an Extraordinary General Meeting (EGM) can be scheduled before an Annual General Meeting (AGM) if there are urgent matters that require immediate attention from the shareholders and cannot wait for the regular AGM.
For AGMs, listed companies must give a notice period of at least 21 days to all members. For EGMs, the required notice period can also be 21 days, but in urgent cases, it can be shortened if members holding at least 95% of voting rights consent.
Shareholders of the company are entitled to attend both Annual General Meetings (AGM) and Extraordinary General Meetings (EGM). These shareholders can participate either in person or, increasingly, via electronic means if provisions are made, allowing them to vote on key corporate decisions.
