When it comes to conducting AGM there are a lot of factors that are required to carry out the event properly. The traditional AGM includes venue, food, refreshment, entertainment, post cleanup procedures, All of this requires a generous amount time and money. When it comes to virtual AGM, the hassle and costing decreases by a significant amount. It also offers more efficiency in order to conduct the AGM.

However institutional investors have raised concerns on virtual AGMs. AGMs are an event where the entire board is asked to attend physically in order to hear questions and concerns

If companies understand the advantages in holding Virtual/Hybrid AGMs there are a number of opportunities a company can benefit from. With the increased use of technology, the process of AGM has become more accurate and less time consuming, This leaves a good impression about the company on shareholders.  

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