Bank Syariah Indonesia shareholders approve rights issue
The bank plans to use the proceeds to strengthen its capital, expand business capacity and support its growth strategy.
Shareholders of PT Bank Syariah Indonesia (Persero) Tbk. (BRIS) have approved a rights issue covering up to 6.8 billion new Series B shares, each with a nominal value of Rp500. Approval came at an extraordinary general meeting on 6 November 2026, according to minutes published by the bank.
Management said proceeds from the transaction, known as PMHMETD II, would support a stronger capital structure, greater business capacity and the bank’s strategy for growth and business sustainability. It also pledged prudent, transparent and accountable use of the funds.
The board of directors was authorised to set the number of shares offered, the subscription price, the rights allocation ratio and the timetable. Its authority also covers how the proceeds will be used and whether to appoint a standby buyer.
Responding to a shareholder’s question about participation by retail and institutional investors, management said existing shareholders, including public shareholders, would have the first opportunity to subscribe through the rights mechanism.
The proposal received support from 99.60 per cent of votes represented at the meeting. Shareholders also approved amendments to Article 4, paragraphs (2) and (3), of the bank’s articles of association to reflect changes in issued and paid-up capital after the rights issue.
