An Extraordinary General Meeting (EGM) is a meeting held between a company’s shareholders and management to discuss urgent matters that arise between annual shareholders' meetings. EGMs are used to deal with urgent business issues that require the input and approval of shareholders.
An Extraordinary General Meeting (EGM) refers to any meeting of the company members that is not an Annual General Meeting (AGM). EGMs can be convened by the directors at any time or requisitioned by members holding a specified percentage of shares, and require adequate notice as per the Companies Act 2006.
A 'general meeting' is a key event in the corporate calendar, during which the shareholders or members of an organization come together to discuss and vote on various issues concerning the business. It plays a critical role in corporate governance, transparency, and accountability.
