This paper examines shareholder activism and corporate governance in India with a focus on the Companies Act of 2013. It is noteworthy that shareholders have the ability to use their rights to force radical changes in the structure of the board. Organizations have demonstrated stronger firm values, made better judgements, eradicated misconduct inside the organization, increased sales, and reduced mergers and acquisitions as a result of the improved application of statutory regulations controlling corporations. The paper discusses the current developments in shareholder activism in India, their strength and efficacy, and how they might be improved overall to completely transform the corporate governance framework in all business contexts.