ETIG Analysis: India Inc bats for virtual AGMs
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Synopsis
More than 200 professionals, comprising chief financial officers, company secretaries, and investor relations and compliance personnel, participated in the symposium that focused on shareholder engagement amid the pandemic.
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In a poll conducted on the sidelines of a recent symposium on shareholder management, two-thirds of 61 participating India Inc executives batted for virtual AGMs.
A majority of Indian companies are likely to hold their annual general meeting virtually for the second consecutive year as they wrap up their fourth quarter results amid a severe second wave of the Covid-19 pandemic.