StockWatch
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Logistics Solution Provider
Shareholding10 Jun 2026, 11:18 am

Jet Freight Logistics: Promoter Group Acquires Warrants

AI Summary

Jet Freight Logistics Limited has disclosed the allotment of 2,22,40,000 warrants at ₹18 each to its promoter group members, including Tyra Richard Theknath, Thea Richard Theknath, and Tyrus Richard Theknath. These warrants are convertible into equity shares on a preferential basis and are exercisable within 18 months. This allotment is expected to result in a change in the promoter and promoter group's holding in the company. The total promoter and promoter group holding, after considering the potential conversion of these warrants, will increase.

Key Highlights

  • Promoter group receives 2.22 Cr warrants at ₹18 each.
  • Warrants are convertible into equity shares within 18 months.
  • Allotment is on a preferential basis.
  • Expected change in promoter and promoter group shareholding.
  • Disclosure made under SEBI Takeover Regulations.