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The latest update is out from Indus Gas ( (GB:INDI) ).
Indus Gas Limited has called an extraordinary general meeting on 8 January 2026 to seek shareholder approval to cancel the admission of its ordinary shares to trading on AIM, with the delisting expected to take effect on 23 January 2026 if at least 75% of votes cast support the move. The board cites operational and financial challenges, limited access to additional capital via the market, disproportionate listing and compliance costs, and very low share liquidity as key reasons for leaving AIM, and notes that the strong backing and irrevocable undertakings of majority shareholder Gynia Holdings effectively ensure the proposal’s approval. Following the cancellation, Indus will no longer be bound by AIM’s regulatory and disclosure regime or UK MAR, trading in its shares is expected to become significantly more difficult, and shareholders will lose many of the protections associated with a public market listing, although the company plans to put in place a matched bargain facility to provide a limited mechanism for off-market share trades and will remain subject to the UK Takeover Code for two years after delisting.
The most recent analyst rating on (GB:INDI) stock is a Sell with a £8.00 price target. To see the full list of analyst forecasts on Indus Gas stock, see the GB:INDI Stock Forecast page.
Spark’s Take on GB:INDI Stock
According to Spark, TipRanks’ AI Analyst, GB:INDI is a Underperform.
Indus Gas’s overall stock score is primarily impacted by its financial instability, characterized by high leverage and negative profitability. The technical analysis further indicates bearish momentum, and the valuation metrics are unattractive due to the negative P/E ratio and lack of dividend yield. These factors collectively suggest a high-risk investment profile.
To see Spark’s full report on GB:INDI stock, click here.
More about Indus Gas
Indus Gas Limited is an oil and gas exploration and development company whose ordinary shares are currently admitted to trading on AIM in London. The company operates with a highly leveraged capital structure and a concentrated shareholder base, with its majority shareholder Gynia Holdings Limited and its subsidiary Focusoil Inc. together controlling more than four-fifths of the issued share capital, resulting in a limited free float and low liquidity in the stock.
Average Trading Volume: 148,738
Technical Sentiment Signal: Sell
Current Market Cap: £17.58M
For detailed information about INDI stock, go to TipRanks’ Stock Analysis page.