ETIG Analysis: India Inc bats for virtual AGMs
SECTIONS
Share
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.
Getty Images
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.
AGMs to go virtual in future, says India Inc. ANI | Updated: May 06, 2021 18:01 IST
Mumbai (Maharashtra) [India], May 6 (ANI/NewsVoir): The year 2020 saw a meteoric rise in the adoption of digital technologies across all business functions including stakeholder engagement.
As the hybrid workplace becomes a reality, India Inc. feels it is essential to embrace virtual as a virtue to fortify trust and deepen engagement with stakeholders.
Bringing together the pioneers of stakeholder engagement, Chorus Call India, a leading conferencing solutions provider, organized a first-of-its-kind virtual symposium to delve into the nuances of shareholder management in the virtual world. The event saw participation from industry stalwarts such as Suresh Narayanan, Chairman and MD at Nestle India Ltd., Mohandas Pai, Chairman, Aarin Capital and Manipal Global Education and a Padma Shree awardee, JN Gupta, Co-founder and MD, SES and former Executive Director,