Jet Freight Board Approves Borrowing Limit Increase to ₹250 Cr

Jet Freight Logistics Ltd's Board of Directors, in a meeting held on August 13, 2026, approved several key financial and corporate actions. These include an increase in the company's borrowing limits up to ₹250 Crores, subject to shareholder approval, and authorization to create charges on company assets to secure borrowings. The board also approved fixing limits for giving loans, guarantees, or securities up to ₹150 Crores. Additionally, plans to infuse capital into its US-based wholly-owned subsidiary, Jet Freight Logistics INC, were approved. The voluntary strike-off and dissolution of its Netherlands subsidiary, Jet Freight Logistics B.V., were also sanctioned, pending regulatory approvals. The date and notice for the 20th Annual General Meeting, scheduled for September 23, 2026, were approved.