Indika Energy stock discloses renewable venture before Xetra open
Published on 10/22/2026 at 08:02 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWSCompany move and trading start
- Indika Energy disclosed a renewable-energy venture involving a subsidiary on October 21, 2026.
- The group operates across six business pillars, including energy, logistics and green business.
- Indika Energy stock trades pre-market at EUR 0.11 at 8:00 a.m. CEST at Lang & Schwarz on October 22, 2026.
Indika Energy disclosed a renewable-energy venture through a subsidiary in a filing dated October 21, 2026, according to Kontan. The stock trades pre-market at EUR 0.11 at 8:00 a.m. CEST at Lang & Schwarz on October 22, 2026.
Renewable venture disclosed
Indika Energy’s subsidiary PT Indika Empat Mitra Timor formed PT Mentari Bhinneka Nusantara Timor with PT Mentari Sinergi Investasi and PT PLN Nusantara Renewables, the report said. The new company is intended to conduct renewable-power generation and management and business consulting. The report said the venture will not be consolidated in Indika Energy’s financial statements and is not expected to have a material effect on operations, legal condition, financial condition or business continuity. The announcement was attributed to a disclosure at the Indonesia Stock Exchange dated October 21, 2026. The published report identifies Indika Empat Mitra Timor as an Indika Energy subsidiary.
Ahead of the Xetra open
The Lang & Schwarz bid was EUR 0.10 and the ask was EUR 0.12, a spread of 18.18 percent. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Indika Energy stock.
The group and its market
Indika Energy’s business model spans six pillars—energy, logistics, infrastructure, minerals, green business and digital activities—according to its investor information. Market context: Market report IDX Composite.
