IDX to Delist 18 Listed Companies in November 2026, Here is the List
The Indonesia Stock Exchange (IDX) has decided to remove the listing (delist) of shares of 18 listed companies. This removal will take effect on 10 November 2026.
The decision was made after the issuers were deemed to have met the delisting criteria as stipulated in the Exchange Regulation Number I-N on the Cancellation of Listing (Delisting) and Re-listing of Shares.
“In connection with the fulfilment of one of the conditions as stated in Exchange Regulation Number I-N, the Exchange has decided to remove the Listing of Securities (Delisting) for the Listed Company effective 10 November 2026,” the IDX stated in a disclosure of information, quoted on Saturday (11/4/2026).
The IDX explained that delisting is carried out for companies experiencing significant negative conditions affecting business continuity and showing no signs of recovery.
In addition, shares of companies that have undergone long-term trading suspensions may also be removed from the exchange.
Under the provisions, a suspension of at least 24 months can serve as a basis for evaluation, while in this case, several issuers have even been suspended for more than 50 months.
In general, the 18 issuers are divided into two groups, namely companies with bankrupt status and companies with prolonged suspensions.
Meanwhile, 11 other issuers will be delisted due to trading suspensions exceeding 50 months.
Subsequently, the companies are required to carry out share buybacks as a form of protection for public investors.
The buyback period runs from 11 May to 9 November 2026. After that, the delisting will officially take effect on 10 November 2026.
The IDX also urged the management of the issuers to immediately provide disclosures of information regarding buyback plans to ensure the process runs transparently and orderly.
Even though delisting has been decided, the IDX emphasised that the issuers’ obligations do not immediately end.
The companies must still fulfil all obligations as listed companies until the effective date of the share removal from the exchange.
“The Listed Company that has been decided for delisting still has obligations as a Listed Company, until the effective delisting is carried out as determined by the Exchange,” the IDX stated.