The Anil Ambani-led Reliance Group has selected KC College auditorium as venue for his companies’ AGMs this year, giving its traditional venue a royal miss.
As an unwritten rule, almost every Mumbai-headquartered company conducts its AGM (annual general meeting) — a mandatory meeting of shareholders — at the basement auditorium of Birla Matushree Sabhaghar at Marine Lines.
Every year, Birla Matushree’s basement auditorium hosts as much as 30–35 AGMs of top corporates such as Tata, Reliance and Hindustan Unilever, among others. Nearly 400 other programmes including musical concerts, social events and dance concerts are also held here, according to its website.
