An annual general meeting (commonly abbreviated as AGM, also known as the annual meeting) is a meeting that official bodies, and associations involving the public (including companies with shareholders), are often required by law (or the constitution, charter, by-laws etc. governing the body) to hold. An AGM is held every year to elect the board of directors and inform their members of previous and future activities. It is an opportunity for the shareholders and partners to receive copies of the company's accounts as well as reviewing fiscal information for the past year and asking any questions regarding the directions the business will take in the future. In an annual general meeting 'ADDA'( Indian Way) is discussed.

Every state requires public companies incorporated within it to hold an annual general meeting of shareholders to elect the Board of Directors and transact other business that requires shareholder approval. Notice of the annual general meeting must be in writing and is subject to a minimum notice period that varies by state. In 2007, the Securities and Exchange Commission voted to require all public companies to make their annual meeting materials available online. The final rules required compliance by large accelerated filers beginning on January 1, 2008, and by all other filers beginning on January 1, 2009. The "e-proxy" rules allow two methods for companies to deliver their proxy materials, the "notice only" option or the "full set" option. Under the notice only option, the company must post all of its proxy materials on a website, and send shareholders a notice that the materials are available online. This notice must be mailed at least 40 calendar days before the shareholder meeting.

Mukesh Dhirubhai Ambani (Gujarati: મુકેશ ધીરુભાઈ અંબાની) (born on 19 April 1957) is an Indian business magnate who is the chairman and managing director of the Indian conglomerate Reliance Industries Limited (RIL), the foremost company of the Indian energy and materials conglomerate Reliance Group. The company was ranked #134th in Fortune Global 500 and is India's most valuable company by market value and second-largest Indian company by turnover. Ambani remains the largest individual shareholder, with 44.7 percent stake in RIL. The company is the operator of the world’s biggest oil refining complex and owner of India’s biggest natural gas field. Mukesh's younger brother is Anil Ambani, who heads Reliance Group. The Ambani family is the richest family in India and one of the richest in the world, their wealth inherited from Dhirubhai Ambani, founder of 2nd largest Indian conglomerate Reliance Group (after Tata Group).

In 2010, he was named among the most powerful people in the world by Forbes in its list of "68 people who matter most" As of 2012, he is the second richest man in Asia and the 19th richest person in the world with a personal wealth of US$22.3 billion. In 2007, a strong rally in the Indian stock market and the appreciation of the Indian rupee boosted the market capitalisation of Reliance group companies, briefly making him the world’s richest man.