{
 "as_of": "2026-11-06",
 "cmr": "it-cm-kg/MTAA/IT0005245508",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# INDEL B (Euronext Milan: IT0005245508) — research page\n\nAs of 2026-11-06 · it-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is INDEL B, listed on Euronext Milan under ticker IT0005245508, with ISIN IT0005245508 and LEI 8156002FF3087F1D0E94. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 64 filings in the twelve months to 2026-11-06, across 56 filing days. The median gap between filing days is 7 days. The latest filing is dated 2026-11-06, 0 days before the record date, and is of type 2.4,REGEM. The exchange peer medians are 47 filings, a cadence gap of 7.0 days and a latency of 4.0 days, across 195 issuers on Euronext Milan. The issuer's median gap of 7 days equals the exchange median; its 64 filings are above the exchange median of 47. Sector peer figures are not on the record for this market.\n\n## Auditor\n\nThe auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move events for this register. The halt flag is set to listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable for this issuer under rule version acm-68000/it/mifid-ii-product-governance/r1, as of chapter date 2026-11-04. The chapter's orderability section carries no client categories, so the outcome cannot name its client category.\n\n## Coverage\n\nNo research houses were found on the issuer's own investor-relations page.\n\n## Open research\n\nThe record holds 5 openly published research notes: Intermonte on 2026-09-14, Intermonte on 2026-05-05, Alantra on 2024-09-23, Intermonte on 2023-08-08, and Intermonte on 2023-05-15.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, and the market's earliest sealed date and the live record start date are not available.\n\n## Sources\n\n11 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.it-cm-kg.ai/events/MTAA/IT0005245508 (the disclosure lines)\n- https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current) (the halt flag)\n- https://it.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.websim.it/static/upload/ind/indel-b-14-09-26.pdf (open research)\n- https://www.websim.it/static/upload/ind/indel-b-05-05-26.pdf (open research)\n- https://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005245508&mic=MTAA&lang=en (open research)\n- https://www.websim.it/static/upload/ind/indel-b-08-08-23.pdf (open research)\n- https://www.easynewsweb.com/wp-content/uploads/2023/05/INTERMONTE-Company-Research-Report-INDELB-230515.pdf (open research)\n- https://mcp.it-cm-kg.ai/record/MTAA/IT0005245508 (the record)\n",
 "market": "IT",
 "node": "it-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the IT vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "IT",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "IT",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "IT",
    "state": "not_on_record"
   },
   "changes": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "it-cm-kg/MTAA/IT0005245508",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 195,
     "median_cadence_gap_days": 7,
     "median_filings": 47,
     "median_latency_days": 4,
     "name": "Euronext Milan"
    },
    "sector": {
     "market": "IT",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "1.1 Informazioni periodiche previste dalla regolamentazione Tutte le informazioni comunicate ai dell'articolo 4 della direttiva 2004/109/CE Relazioni finanziarie annuale e relazioni di revisione annuali": 3,
    "1.2 Informazioni periodiche previste dalla regolamentazione Tutte le informazioni comunicate ai sensi dell'articolo 5 della direttiva 2004/109/CE Relazioni finanziarie semestrali e relazioni di revisione semestrali/revisioni limitate": 1,
    "2.2 Informazioni previste dalla regolamentazione fornite su base continuativa Tutte le informazioni comunicate ai sensi dell'articolo 6 della direttiva 2003/6/CE Informazioni privilegiate": 1,
    "2.4,REGEM": 6,
    "3.1,REGEM": 2,
    "MANTRA Internal Dealing  Operazioni persone rilevanti e strettamente associate (Internal Dealing) - Managers’ transaction": 1,
    "REGEM Informazioni previste dall'art. 65,ter, comma 1- bis del Regolamento Consob n.11971/1999 Tutte le informazioni che non rientrano nelle precedenti sottoclassi e che sono comunque da diffondere e stoccare con le modalità previste per le informazioni regolamentate A titolo esemplificativo: le informazioni periodiche aggiuntive di cui all'art. 82-ter del Regolamento Consob 11971/1999, le informazioni da pubblicare ai sensi dei regolamenti delle società di gestione dei mercati con le modalità previste per le informazioni regolamentate": 50
   },
   "cadence_median_gap_days": 7,
   "filing_days": 56,
   "filings": 64,
   "latency_days": 0,
   "latest": [
    {
     "category": "2.4,REGEM",
     "date": "2026-11-06",
     "source": "https://www.1info.it/PORTALE1INFO/Pdf/Pdf?pdf=1956_173398_2026_oneinfo&data=2026&filetype=comunicati",
     "title": "Andamento OPA 06 novembre 2026/ State of subscriptions for the partial voluntary purchase of treasury shares 06 November 2026",
     "type": "2.4,REGEM"
    },
    {
     "category": "MANTRA Internal Dealing  Operazioni persone rilevanti e strettamente associate (Internal Dealing) - Managers’ transaction",
     "date": "2026-11-05",
     "source": "https://www.1info.it/PORTALE1INFO/Pdf/Pdf?pdf=1956_173343_2026_oneinfo&data=2026&filetype=comunicati",
     "title": "Internal dealing",
     "type": "MANTRA Internal Dealing  Operazioni persone rilevanti e strettamente associate (Internal Dealing) - Managers’ transaction"
    },
    {
     "category": "2.4,REGEM",
     "date": "2026-11-02",
     "source": "https://www.1info.it/PORTALE1INFO/Pdf/Pdf?pdf=1956_173177_2026_oneinfo&data=2026&filetype=comunicati",
     "title": "Andamento OPA 30 ottobre 2026/ State of subscriptions for the partial voluntary purchase of treasury shares 30 October 2026",
     "type": "2.4,REGEM"
    },
    {
     "category": "2.2 Informazioni previste dalla regolamentazione fornite su base continuativa Tutte le informazioni comunicate ai sensi dell'articolo 6 della direttiva 2003/6/CE Informazioni privilegiate",
     "date": "2026-10-23",
     "source": "https://www.1info.it/PORTALE1INFO/Pdf/Pdf?pdf=1956_172989_2026_oneinfo&data=2026&filetype=comunicati",
     "title": "Offerta Pubblica di Acquisto Volontaria Parziale su Azioni Proprie/VPO",
     "type": "2.2 Informazioni previste dalla regolamentazione fornite su base continuativa Tutte le informazioni comunicate ai sensi dell'articolo 6 della direttiva 2003/6/CE Informazioni privilegiate"
    },
    {
     "category": "REGEM Informazioni previste dall'art. 65,ter, comma 1- bis del Regolamento Consob n.11971/1999 Tutte le informazioni che non rientrano nelle precedenti sottoclassi e che sono comunque da diffondere e stoccare con le modalità previste per le informazioni regolamentate A titolo esemplificativo: le informazioni periodiche aggiuntive di cui all'art. 82-ter del Regolamento Consob 11971/1999, le informazioni da pubblicare ai sensi dei regolamenti delle società di gestione dei mercati con le modalità previste per le informazioni regolamentate",
     "date": "2026-10-23",
     "source": "https://www.1info.it/PORTALE1INFO/Pdf/Pdf?pdf=1956_172988_2026_oneinfo&data=2026&filetype=comunicati",
     "title": "Ricavi delle vendite 9M 26/Sales 9M 26",
     "type": "REGEM Informazioni previste dall'art. 65,ter, comma 1- bis del Regolamento Consob n.11971/1999 Tutte le informazioni che non rientrano nelle precedenti sottoclassi e che sono comunque da diffondere e stoccare con le modalità previste per le informazioni regolamentate A titolo esemplificativo: le informazioni periodiche aggiuntive di cui all'art. 82-ter del Regolamento Consob 11971/1999, le informazioni da pubblicare ai sensi dei regolamenti delle società di gestione dei mercati con le modalità previste per le informazioni regolamentate"
    }
   ],
   "latest_filing_date": "2026-11-06",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.it-cm-kg.ai/events/MTAA/IT0005245508",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "allooloo-cm-kg/eu-sources/it roster.py",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "Euronext Milan"
   },
   "isin": {
    "read_by": "allooloo-cm-kg/eu-sources/it roster.py",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "IT0005245508"
   },
   "jurisdiction": {
    "market": "IT",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN IT0005245508)",
    "state": "sourced",
    "value": "8156002FF3087F1D0E94"
   },
   "name": {
    "read_by": "allooloo-cm-kg/eu-sources/it roster.py",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "INDEL B"
   },
   "sector": {
    "market": "IT",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "IT",
    "state": "not_on_record"
   },
   "segment": {
    "market": "IT",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "allooloo-cm-kg/eu-sources/it roster.py",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "IT0005245508"
   },
   "website": {
    "market": "IT",
    "state": "not_on_record"
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  },
  "licensed": {
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    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "IT",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
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  "market": "IT",
  "node": "it-cm-kg",
  "numbers_hash": "sha256:29429da934e43aa57beafe201cc9258914fa09de5aa7c57109212ee9a4064e1a",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2026-09-14",
     "kind": "independent",
     "publisher": "Intermonte",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.websim.it/static/upload/ind/indel-b-14-09-26.pdf",
     "state": "sourced",
     "title": "INDEL B — Italian Equity Research — 1H26 Results — Growth Drivers Intact Despite Temporary Margin Headwinds"
    },
    {
     "date": "2026-05-05",
     "kind": "independent",
     "publisher": "Intermonte",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.websim.it/static/upload/ind/indel-b-05-05-26.pdf",
     "state": "sourced",
     "title": "INDEL B — From Trucks to Premium Niches: A “Cool” Balanced Growth Story"
    },
    {
     "date": "2024-09-23",
     "kind": "independent",
     "publisher": "Alantra",
     "read_by": "the note's own page, fetched by this rail",
     "read_date": "2026-11-12",
     "source": "https://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005245508&mic=MTAA&lang=en",
     "state": "sourced",
     "title": "INDEL B"
    },
    {
     "date": "2023-08-08",
     "kind": "independent",
     "publisher": "Intermonte",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.websim.it/static/upload/ind/indel-b-08-08-23.pdf",
     "state": "sourced",
     "title": "INDEL B — Italian Equity Research — 2Q23 Preview — Solid Demand Supports Quarterly and FY Estimates"
    },
    {
     "date": "2023-05-15",
     "kind": "independent",
     "publisher": "Intermonte",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.easynewsweb.com/wp-content/uploads/2023/05/INTERMONTE-Company-Research-Report-INDELB-230515.pdf",
     "state": "sourced",
     "title": "INDEL B — Solid Demand Supports Quarterly and FY Estimates"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://it.eu-cm-kg.ai/book/aio.json",
    "door": "https://it.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/it/mifid-ii-product-governance/r1",
   "section": "it.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.it-cm-kg.ai/record/MTAA/IT0005245508",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:29429da934e43aa57beafe201cc9258914fa09de5aa7c57109212ee9a4064e1a",
 "path": "/it/MTAA/IT0005245508",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is INDEL B, listed on Euronext Milan under ticker IT0005245508, with ISIN IT0005245508 and LEI 8156002FF3087F1D0E94. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 64 filings in the twelve months to 2026-11-06, across 56 filing days. The median gap between filing days is 7 days. The latest filing is dated 2026-11-06, 0 days before the record date, and is of type 2.4,REGEM. The exchange peer medians are 47 filings, a cadence gap of 7.0 days and a latency of 4.0 days, across 195 issuers on Euronext Milan. The issuer's median gap of 7 days equals the exchange median; its 64 filings are above the exchange median of 47. Sector peer figures are not on the record for this market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move events for this register. The halt flag is set to listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable for this issuer under rule version acm-68000/it/mifid-ii-product-governance/r1, as of chapter date 2026-11-04. The chapter's orderability section carries no client categories, so the outcome cannot name its client category.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's own investor-relations page.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 5 openly published research notes: Intermonte on 2026-09-14, Intermonte on 2026-05-05, Alantra on 2024-09-23, Intermonte on 2023-08-08, and Intermonte on 2023-05-15.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, and the market's earliest sealed date and the live record start date are not available.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "11 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.it-cm-kg.ai/events/MTAA/IT0005245508"
  },
  {
   "for": "the halt flag",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)"
  },
  {
   "for": "the orderability chapter",
   "source": "https://it.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://www.websim.it/static/upload/ind/indel-b-14-09-26.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.websim.it/static/upload/ind/indel-b-05-05-26.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.borsaitaliana.it/borsa/azioni/elenco-completo-studi-societari.html?isin=IT0005245508&mic=MTAA&lang=en"
  },
  {
   "for": "open research",
   "source": "https://www.websim.it/static/upload/ind/indel-b-08-08-23.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.easynewsweb.com/wp-content/uploads/2023/05/INTERMONTE-Company-Research-Report-INDELB-230515.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.it-cm-kg.ai/record/MTAA/IT0005245508"
  }
 ],
 "title": "INDEL B (IT0005245508) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}