Full formBusiness & Corporate
EGMstands forExtraordinary General Meeting
Full Form of EGM
What is EGM?
An Extraordinary General Meeting (EGM) is a shareholders' meeting convened to address urgent or special matters that cannot wait until the next Annual General Meeting (AGM). It allows company boards to seek shareholder approval on critical decisions such as major acquisitions, amendments to the memorandum or articles of association, removal of directors, changes in capital structure, or other extraordinary resolutions required under the Companies Act, 2013. In India, EGMs are governed by the Ministry of Corporate Affairs and must follow strict procedural norms, including proper notice to all shareholders. They are typically called by the board of directors or, in some cases, by shareholders holding a prescribed percentage of voting rights. EGMs are used across all types of companies—public, private, listed, and unlisted—and are especially relevant in times of corporate restructuring, crisis management, or regulatory compliance. For students of company law and corporate governance, understanding the EGM process is essential for exams like CA, CS, and CMA, where questions often focus on notice periods, quorum requirements, and resolution types. The EGM ensures transparency and democratic decision-making, safeguarding the interests of minority shareholders while enabling swift action on pressing corporate matters.
EGM का फुल फॉर्म
असाधारण सामान्य बैठक
Example
The board decided to call an Extraordinary General Meeting (EGM) of shareholders to approve the merger with a subsidiary company.
EGM — frequently asked questions
What is the full form of EGM?
The full form of EGM is Extraordinary General Meeting.
When is an EGM called in a company?
An EGM is called to discuss urgent matters that require shareholder approval before the next AGM, such as mergers, changes in capital, or removal of directors.
What is the difference between AGM and EGM?
An AGM is held annually as a statutory requirement, while an EGM is a special meeting convened as needed for urgent or extraordinary business.