Annual General Meeting and Extraordinary General Meeting

AGM or Annual General Meeting as the name suggests is a company meeting held once every year.
EGM or Extraordinary General Meeting as the name suggests is held to discuss company affairs which need to be addressed right away.
Let’s jump into the key differences of the two type of meeting in the below table,
Parameters Annual General Meeting – AGM Extraordinary General Meeting – EGM
What Meeting held once a year or annually every year of the members of the company Meeting conducted under special circumstances of the members of the company
Why AGMs or Annual General Meetings are a mandatory formality to be conducted by the company for its shareholders EGMs or Extraordinary General Meetings are held as per the necessity of the company and not mandatory
When Annual General meetings should be conducted only during business hours and working days Extraordinary General Meetings can be held anytime even during national holidays.

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