Dhillon Freight Carrier Ltd

Dhillon Freight Carrier Ltd's board meeting on May 29, 2026, approved the audited standalone financial results for the quarter and year ended March 31, 2026. The board also approved the appointment of Miss Disha Dugar Jhunjhunwala as Secretarial Auditor for FY 2025-26, the shifting of the Delhi Branch Office to owned premises, and borrowing ₹1 crore from ICICI Bank. The meeting commenced at 5 p.m. and concluded at 7:00 p.m.

Dhillon Freight Carrier Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The board will also consider the appointment of Miss Disha Dugar Jhunjhunwala as Secretarial Auditor for FY 2025-2026, authorize documents for shifting the Delhi Branch Office, and approve borrowing ₹1 crore from ICICI Bank. The trading window for dealing in the company's equity shares has been closed since April 1, 2026, and will remain closed until 48 hours after the financial results are communicated to the Stock Exchange.

Dhillon Freight Carrier Ltd. has declared that as of March 31, 2026, the promoters and promoter group members have not encumbered any shares, directly or indirectly, during the financial year ended on the same date. This disclosure is made under Regulation 31(4) of the SEBI (SAST) Regulations, 2011.

Dhillon Freight Carrier Ltd clarifies that the recent movement in its share price is purely market-driven and potentially influenced by external factors beyond the company's control. This statement follows an inquiry regarding significant share price movement. The company affirms that it has disclosed all material information as required by SEBI regulations and is unaware of any specific events impacting its share price or trading volume.

On 30th January, 2025, the Board of Directors of Dhillon Freight Carrier Ltd convened a meeting to discuss several matters. Firstly, they acknowledged the satisfaction of a charge created in favor of Kotak Mahindra Bank Limited, which was registered with the ROC under Charge ID 100649735. The charge was fully satisfied following the repayment of the underlying borrowings. The Board also authorized any directors to file Form CHG-4 with the ROC and to perform any necessary acts, deeds, and things in this regard. Secondly, the Board decided to withdraw the investment proposal for M/s DFC Milesix Private Limited and instead opted to invest in DFC ECOMOVE Private Limited, a subsidiary of Dhillon Freight Carriers Limited, which is yet to be incorporated.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Dhillon Freight Carrier Ltd. announced that the Board of Directors approved the borrowing of funds from Kotak Mahindra Bank Limited and Axis Bank Ltd. The company will avail a financial facility of INR 1,83,90,000 from Kotak Mahindra Bank Limited and not more than INR 2,00,00,000 from Axis Bank Ltd. Additionally, the Board approved making an investment in DFC Milesix Private Limited, a subsidiary of Dhillon Freight Carriers Limited, for the purpose of subscribing to its share capital and supporting business expansion.