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It's raining AGMs as September draws to a close

N Sundaresha Subramanian  |  New Delhi 

Over the next 10 days, shareholders would be flooded with hundreds of annual general meetings (AGMs) with thousands of resolutions that determine the form and functions of the companies over the next year coming up for approval. Between September 21 and September 30, a whopping 697 companies are proposing to hold their AGMs.

That would be 45 per cent of all listed companies on the National Stock Exchange (NSE). Companies get six months from the close of the financial year to get their audited accounts approved by the shareholders. As most companies operate with the financial year ending ...

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First Published: Mon, September 19 2016. 22:42 IST
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