New Delhi. Reliance AGM 2024: Today investors' eyes are on the annual meeting of Reliance Industries (Reliance Industries AGM). The annual meeting of Reliance Industries is a big event for the stock market. This meeting will start at 2 pm.

Investors are hoping that a dividend may be announced for shareholders in this AGM. In fact, the company had already indicated that it may announce a dividend in the AGM.

Whenever a company holds an annual meeting, the decisions taken in the meeting also affect the stock market. The AGM of any company is special for investors. In such a situation, the question is what is AGM and why is it so special for investors?

What is Annual General Meeting?

The company holds an Annual General Meeting to interact with shareholders. In this meeting, the company communicates with the shareholders and also informs them about the future strategy. However, the company conducts AGM, EGM and class meetings. Out of these, AGM is considered important.

The company conducts AGM once every year. As per the rules, it is mandatory for a public or private company to hold an annual meeting every year to talk to its shareholders. The company informs about the date of the annual meeting in advance.

Why AGM is important

In this meeting, the company gives information about its upcoming projects and the performance of the previous financial year. Apart from this, the company also gives information about future planning. If the company or the company's board has taken any decision, then its information is also given in the AGM.

The company keeps shareholders informed about progress, challenges and strategies.

EGM (What is Extraordinary General Meeting)

Many companies also hold Extraordinary General Meeting (EGM) with the shareholders. This meeting is held when the company has to take an important decision or action. The company gives information about this meeting in advance. Apart from EGM, the company holds many meetings like board meeting, audit committee meeting, nomination committee meeting.