PT Adhi Karya (Persero) Tbk. (ADHI) has revised the schedule of its 2026 Extraordinary General Meeting of Shareholders (EGM). The meeting, originally planned for Friday, 13 November 2026, has been postponed to 4 December 2026.

Time and venue

According to a disclosure to the Indonesia Stock Exchange (IDX), the EGM will be held at 14:00 WIB at ADHI Tower, 16th Floor, Jalan MT. Haryono Kav. 27, Cawang, East Jakarta. Shareholders can also attend online through KSEI's Electronic General Meeting System (eASY.KSEI).

Two main agenda items

Shareholders are asked to approve two items. The first, which has drawn attention, is the planned divestment of ADHI's shareholding in PT Jasamarga Jogja Solo (JMJ).

The plan is part of the restructuring of listed companies controlled, directly or indirectly, by the government. The transaction is in fact exempt from the requirement of shareholder approval under POJK No. 17 of 2020 on Material Transactions and Changes in Business Activities. Even so, ADHI is still seeking shareholder approval at the EGM.

The second is a change in the planned use of proceeds from the Limited Public Offering through a Capital Increase with Pre-emptive Rights II (PMHMETD II). The new use of funds differs from the plan in the prospectus and/or the one approved by the GMS, and the amount of the change exceeds 10% of total offering proceeds. Article 16(1)(a) of POJK No. 40 of 2025 on the Use of Public Offering Proceeds therefore requires GMS approval.

Shareholders entitled to attend

Those entitled to attend are shareholders listed in the Shareholders Register (DPS), or holders of shares in securities account balance records at KSEI, at the close of trading on Wednesday (11/11/2026) until 16:00 WIB.

Sources

• Adhi Karya (ADHI) Revisi RUPSLB, Bahas Divestasi Jasamarga Jogja Solo — CNBC Indonesia (Romys Binekasri), 13 November 2026 08:15. https://www.cnbcindonesia.com/market/20261113053916-17-784834/adhi-karya--adhi--revisi-rupslb-bahas-divestasi-jasamarga-jogja-solo