RANS Yet to Appoint Replacement for Resigning Director

The management of PT Rans Entertainment Indonesia Tbk (RANS) has explained the reasons behind the resignation of Grandy Prajayakti as a Director. Grandy submitted his resignation letter on 22 July 2026, several weeks after RANS was listed on the Indonesia Stock Exchange.

RANS Company Secretary Chintami Maranata Sihombing said that Grandy’s resignation was due to personal reasons. “To the company’s knowledge, the resignation was a personal decision by Mr Grandy Prajayakti, and there was no dispute of any kind with the company, the Board of Directors, the Board of Commissioners, or the company’s shareholders,” she said in an information disclosure, quoted on Thursday, 30 July 2026.

According to Chintami, there was no discussion or indication of Grandy’s planned resignation throughout the initial public offering (IPO) process. This included the period of preparing the prospectus, the registration statement, and up to the company’s share listing date.

Nevertheless, RANS currently has no plans to appoint a replacement director in the near term. Chintami explained that the remaining Board of Directors currently consists of one president director and two directors. This structure, she said, still meets the minimum number of board members required for a public company as stipulated in Law Number 40 of 2007 on Limited Liability Companies.

“The duties and responsibilities of Mr Grandy Prajayakti will be distributed to the President Director and/or the other currently serving Directors, in accordance with the division of tasks established by the Board of Directors,” said Chintami. She noted that should the company later feel the need to add members to the Board of Directors, the matter would be proposed and decided through a General Meeting of Shareholders (GMS).

RANS management also said that, in line with Grandy’s resignation, he no longer serves as a member of the Board of Directors at PT Rans Kosmetik Indonesia (Slavina). According to Chintami, this situation has no impact on the plan to acquire Slavina.