Jet Freight Logistics Allots 45.2 Lakh Shares on Warrant Conversion

Jet Freight Logistics Ltd announced the allotment of 45,19,663 equity shares following the conversion of an equal number of equity warrants. The conversion was approved by the Board of Directors via circular resolution on September 25, 2026. The issue price was ₹18 per share, including a premium of ₹13. The company received ₹6,10,15,450.50 from allottees, comprising individuals from the Promoter Group and Non-Promoter categories. This allotment increases the company's issued, subscribed, and paid-up equity share capital. The new shares will rank pari-passu with existing shares and will be listed on BSE and NSE upon approval.