Sido Muncul Wins Gold Award at IRCA 2026

JAKARTA - PT Industri Jamu Dan Farmasi Sido Muncul Tbk (SIDO) was awarded as the most compliant public company in Indonesia. This Tolak Angin producer won the Indonesia Regulatory Compliance Awards 2026 from Hukumonline.

In the event, Sido Muncul secured an award for the Notable Enterprise In Regulatory Compliance category with the title GOLD class PROSPER A in the Healthcare Industry sector. This classy appreciation was handed over directly by Board Advisor Hukumonline, Ahadi Bayu Tedjo, at Hotel Le Meridien, Jakarta, on Friday, May 22, 2026.

The PROSPER A classification itself is pinned to corporations that have a high level of regulatory exposure as well as business complexity, so it requires the execution of legal compliance as well as superior and sustainable corporate governance.

In this condition, compliance is synchronized as an inseparable part of the company's business sustainability because it supports risk management, maintains reputation, and deepens the trust of stakeholders for the long term.

The assessment process is carried out comprehensively on the implementation of compliance practices and corporate governance, including the competence of the Corporate Legal Division and the Corporate Secretary in supporting effective and sustainable compliance implementation.

This reality proves that the strengthening of a solid compliance is also supported by the existence of internal functions that specifically control the implementation of compliance and synergize with all work units of the company to ensure that its implementation runs consistently as part of business sustainability.

At the same time, the Head of Corporate Legal and Corporate Secretary Manager Sido Muncul, Ribka Lydia Atedjadi, was nominated in the category of The Most Inspiring Leader in Regulatory Compliance and successfully broke into the top 50 out of a total of more than 130 contestants.

This personal achievement is a reflection of the strengthening of the culture of compliance as well as the implementation of consistent corporate governance built by Sido Muncul on an ongoing basis.

Responding to this achievement, Sido Muncul President Director, Dr. H.C. Irwan Hidayat, expressed his deep gratitude. Based on his view, this award is an authentic proof that Sido Muncul's hard work to comply with all regulations is in line with the targeted vision.

"First, I am grateful to have received this award. Because our goal is to be a fully compliant company," said Irwan.

Irwan Hidayat said that the implementation of this regulatory compliance was used as the main foundation in the company's operations. Since the beginning, the big target carried by Sido Muncul is to emerge as a company that is fully compliant without any breach.

"I aspire for Sido Muncul to be like global companies that are really compliant. Don't let anything go wrong. So we comply with all government rules," said Irwan Hidayat.

He stated emphatically that Sido Muncul always holds the commitment to comply with the rules of all levels of government agencies. Full compliance with this regulation is considered a crucial pillar to foster trust from the wider community.

"We do this compliance to gain the trust of the community. We want to inspire other companies that by being obedient, companies can actually become more trusted," said Irwan Hidayat.