Brady & Morris Engineering Company AGM/EGM

An Annual General Meeting (AGM) is a mandatory yearly gathering of a company’s shareholders to review financial performance, approve dividends, appoint or reappoint directors, and address other key business matters. AGMs offer transparency and ensure accountability in corporate governance. It’s the heartbeat of accountability for a company like Brady & Morris Engineering Company Ltd

For investors, an AGM is not just a meeting—it’s a front-row seat to see how their investments are performing and where the company is headed. At Pocketful, we make it effortless for investors to stay informed and engaged with AGMs.

1. Annual Requirement: Public companies are legally required to hold AGMs once a year.
2. Approval of Financials: Approval of financial statements is the key agenda of AGM.
3. Election of Directors: Voting on the appointment or reappointment of directors.
4. Shareholder Participation: Provides an opportunity for shareholders to raise queries and suggestions.

1. Notice Date: The date when shareholders are informed about the AGM, typically 21 days in advance.
2. Meeting Date: The date on which the AGM is held.
3. Record Date: The cut-off date to determine eligible shareholders for voting.

An Extraordinary General Meeting (EGM) is called by a company to address urgent or special matters that cannot wait until the next AGM. These may include mergers, acquisitions, or amendments to the company’s bylaws.

For example, if Brady & Morris Engineering Company Ltd decides to merge with another company or launch a major initiative, an EGM is called to get shareholder approval. With Pocketful, investors can stay updated on upcoming EGMs.

1. Purpose-Driven Meetings: EGMs are held to address urgent decisions outside the regular AGM schedule.
2. Flexible Timing: Can be convened at any time of the year.
3. Special Resolutions: Focused on approving critical proposals, often requiring a higher voting threshold.
4. Voting Rights: Shareholders can participate and vote directly or through proxies.

1. Notice Date: Shareholders are informed about the meeting with sufficient notice, usually 14 days prior.
2. Meeting Date: The date when the EGM takes place.
3. Record Date: Determines which shareholders are eligible to vote.

AGM Example:

• Suppose Brady & Morris Engineering Company Ltd holds its AGM on July 15, 2024, to approve the financial statements for FY 2023–24, declare dividends, and reappoint directors.

EGM Example:

• Suppose Brady & Morris Engineering Company Ltd calls an EGM on August 20, 2024, to approve a merger proposal with another company.

Think of AGMs and EGMs as the shareholder’s voice in action. Whether it’s approving dividends, electing leaders, or deciding the future of the company, these meetings ensure investors have a say in the boardroom.

1. Transparency: Allows shareholders to assess the company’s performance and future plans.
2. Decision-Making Power: Provides shareholders with voting rights on key matters.
3. Investor Engagement: Encourages active participation and feedback.
4. Regulatory Compliance: Ensures the company fulfils legal obligations.

At Pocketful, tracking shareholder meetings (AGM/EGM) of Brady & Morris Engineering Company Ltd is simple:

1. Visit the Corporate Actions section of Brady & Morris Engineering Company Ltd.
2. Select the AGM/EGM tab to view upcoming and past meetings.

• Dividends Approved in AGMs: Taxed as income from other sources in the hands of shareholders.
• Decisions from EGMs: May lead to capital gains tax if actions like mergers or acquisitions result in share swaps or transfers.