RANS Entertainment Clarifies Grandy Prajayakti's Resignation, Asserts Operations Continue as Normal

PT Rans Entertainment Indonesia Tbk (RANS) has provided an official explanation to the Indonesia Stock Exchange (BEI) regarding the resignation of Grandy Prajayakti from his position as Company Director. The company emphasised that the decision was based purely on personal reasons and was unrelated to internal matters or company performance.

In an explanation letter to BEI numbered 031/CORSEC/REI/VII/2026, submitted on 29 July 2026, RANS stated that Grandy’s resignation was a personal decision communicated through a resignation letter received by the company on 22 July 2026.

The company also confirmed that there was no dispute of any kind between Grandy Prajayakti and the company, the Board of Directors, the Board of Commissioners, or the shareholders.

“The resignation of Mr Grandy Prajayakti from his position as Company Director was based on personal reasons. To the company’s knowledge, the resignation was the personal decision of the individual concerned, and there is no dispute of any kind,” the management wrote in the information disclosure.

No Resignation Plan During the IPO

RANS also explained that during the Initial Public Offering (IPO) process, there was never any discussion or indication of a plan for Grandy Prajayakti to resign.

This applied from the drafting stage of the prospectus, the registration statement, through to the company’s shares being officially listed on the Indonesia Stock Exchange.

According to the company, the decision only emerged after Grandy submitted his resignation letter, which was received by the company on 22 July 2026.

As such, RANS affirmed that the resignation was not part of a plan prepared during the IPO process.

Duties Transferred to Serving Directors

Following the resignation, RANS stated that it has no plans to appoint a replacement director in the near term.

The company considers that the current composition of the Board of Directors still meets the minimum requirements under Law Number 40 of 2007 on Limited Liability Companies, namely comprising one President Director and two Directors.

For the time being, the duties and responsibilities previously held by Grandy will be distributed to the President Director and other directors in accordance with the division of tasks set by management.

RANS also assured that the business strategy and targets communicated to the public during the IPO can still be carried out with the current Board of Directors structure.