Jakarta – Indonesia Stock Exchange (IDX) continues to strengthen information transparency and investor protection through enhancements to the disclosure mechanism for Listed Companies. As part of these efforts, effective today, IDX has implemented two Circular Letters (CLs) regarding the Addition of Special Notation Information Display on Listed Company Codes and the Display of Listed Company Information in the Remarks Column of the Jakarta Automated Trading System (JATS), both of which were issued on Friday, 31 July 2026. Through these Circular Letters, IDX introduces the new Special Notation “P”, removes Special Notations “E”, “D”, “A”, and “S”, and updates the information displayed in the Remarks Column of JATS.
The issuance of these Circular Letters reflects IDX’s commitment to supporting Indonesia’s capital market reform through enhanced information disclosure. Through these enhancements, investors are expected to have access to clearer, more accurate, and more relevant information to support better-informed investment decisions. In addition, the policy aligns with prevailing capital market regulations to support the implementation of an orderly, fair, and efficient securities market.
Under the new Circular Letters, IDX introduces the following key regulatory adjustments:
- Introduction of Special Notation “P” for Listed Companies that do not meet the minimum free float share requirement to remain listed on the Exchange as stipulated in Rule No. I-A concerning the Listing of Shares and Equity Securities Other than Shares Issued by Listed Companies and Rule No. I-V concerning Special Listing Requirements for Shares and Equity Securities Other than Shares Issued by Listed Companies on the Acceleration Board.
- Removal of Special Notations “E”, “D”, “A”, and “S”, as the same information and criteria have already been accommodated under the Watchlist Board provisions stipulated in Rule No. I-X concerning the Placement of Equity Securities Listings on the Watchlist Board, as well as the suspension provisions stipulated in Rule No. I-L concerning Securities Suspension.
- Adjustment to the information displayed in the Remarks column of JATS following the addition and removal of the above Special Notations, ensuring that the information presented for Listed Companies is more accurate, relevant, and aligned with the prevailing regulations.
The implementation of these changes will be carried out in phases as follows:
- The removal of Special Notations “E”, “D”, “A”, and “S” will take effect on 30 November 2026; and
- The implementation of Special Notation “P” will be introduced in phases as follows:
- Effective on 30 November 2026 for Listed Companies on the Acceleration Board; and
- Effective on 30 April 2027 for Listed Companies on the Main Board and Development Board.
Further information regarding these provisions:
- Board of Directors Circular Letter No. SE-00009/BEI/07-2026 concerning the Addition of Special Notation Information Display on Listed Company Codes; and
- Board of Directors Circular Letter No. SE-00010/BEI/07-2026 concerning the Display of Listed Company Information in the Remarks Column of JATS are available on the IDX website.
