Riyadh — Mubasher: Tabuk Agricultural Development Company (TADCO) issued a reminder to its shareholders regarding the third extraordinary general meeting (EGM) scheduled for 27 September 2026.
The meeting, which will be held at 6:30 PM, is set to address a board recommendation to reduce the company’s capital.
The capital reduction is intended to restructure the company’s capital and extinguish accumulated losses.
According to the disclosure, this third meeting will be considered valid regardless of the number of shares represented, in accordance with Article 29 of the company’s bylaws.
This announcement follows the initial invitation published on 6 September. The company has encouraged shareholders to participate in the decision-making process to facilitate the financial restructuring plan.
