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Adeka Receives Shareholder Proposal to Form Committee for Listed Subsidiaries Supervision

MT Newswires Live2025-04-21

Adeka (TYO:4401) received a shareholder proposal from City Index Eleventh, seeking an amendment to its Articles of Incorporation to establish a special committee overseeing the holding policy for listed subsidiaries, specifically Nihon Nohyaku, according to a Friday filing on the Tokyo Stock Exchange.

The proposal is intended for discussion at Adeka's 163rd ordinary general meeting scheduled for June.

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