What does EAGM mean in GENERAL

An EAGM is a type of corporate meeting in which members can participate electronically, enabling shareholders and other stakeholders to attend a meeting without being physically present.

Yes, there are many benefits to holding an EAGM. For example, it allows companies to conduct their business more conveniently and efficiently since attendance doesn't require travel or physical presence. It also increases accessibility since attendees do not have to worry about geography or logistics when participating in the meeting. Additionally, it can be more cost effective since attendees do not have to cover travel costs associated with attending a traditional annual general meeting in person.

Any shareholder or stakeholder who holds rights related to the company's annual general meeting should be able to participate in an electronic general meeting by either voting or submitting questions via email or other methods available through the web conferencing platform used for the EGM.

In order for an Electronic Annual General Meeting to take place, you need a web conferencing platform as well as either stable internet connection or dial-in access capabilities that ensure all participants are able to join the call from any device they choose. Additionally, each participant needs access codes or passwords that allow them access into the conference call itself.

Electronic Annual General Meetings employ state-of-the-art security protocols such as encryption and two factor authentication protocols that ensure all data sent across the network is securely transmitted and stored so it cannot be accessed by unauthorized users. Furthermore, all audio and video streams are encrypted throughout the duration of the conference call ensuring only authorized participants can access its contents.