Tue Sep 23 07:10:00 UTC 2025: Here’s a summary and a news article based on the text:
**Summary:**
The Ministry of Corporate Affairs (MCA) has extended the permission for companies to hold Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs) via video conferencing (VC) or other audio-visual means (OAVM) indefinitely. This extension, initially introduced in 2020, provides flexibility and facilitates compliance, particularly for companies with dispersed shareholders. The rules outlined in earlier circulars continue to apply.
**News Article:**
**MCA Extends Virtual AGM/EGM Option for Companies Indefinitely**
**New Delhi:** The Ministry of Corporate Affairs (MCA) has announced that companies can continue to conduct their Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs) through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) until further notice. This decision, formalized in General Circular No. 03/2025, extends a relaxation that was first introduced in 2020 to address the challenges posed by the pandemic.
The MCA emphasized that the provisions outlined in General Circular No. 20/2020, specifically paragraphs 3 and 4, remain in full effect. These provisions detail the procedures and guidelines for conducting virtual AGMs and EGMs.
“This measure is designed to facilitate compliance with the Companies Act, 2013, while providing much-needed flexibility, particularly for companies with large and geographically dispersed shareholder bases,” stated an MCA spokesperson. The extension allows businesses to streamline their operations and ensure shareholder participation without the limitations of physical meetings.
Industry experts have welcomed the decision, citing its positive impact on efficiency and cost-effectiveness. While the MCA has not provided a specific end date for this provision, companies are advised to monitor future announcements for any changes.