Jet Freight Logistics Ltd

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.

Jet Freight Logistics Ltd has filed a disclosure under SEBI's SAST Regulations, 2011, regarding changes in promoter shareholding. This follows the preferential allotment of 2,22,40,000 warrants at ₹18 per warrant to members of the Promoter Group: Ms. Thea Richard Theknath, Mr. Tyrus Richard Theknath, and Ms. Tyra Richard Theknath. While Richard Francis Theknath did not receive warrants, the allotment impacts the promoter and promoter group's overall shareholding percentage on a fully diluted basis. The total promoter and promoter group holding, including these warrants, stands at 54.70% on a fully diluted basis.

Jet Freight Logistics Ltd's Board of Directors has approved the preferential allotment of 3,74,27,694 warrants convertible into equity shares. The issue price is ₹18 per warrant, aggregating to ₹67.37 crore. This includes allotments to both promoter and non-promoter groups. The company has already received ₹16.84 crore as warrant subscription price, representing 25% of the issue price.

Jet Freight Logistics Ltd's Board of Directors has approved the allotment of 3,74,27,694 warrants convertible into equity shares on a preferential basis. The issue price is ₹18 per warrant, with ₹4.5 collected as subscription. The total issue size is ₹67.37 crore. These warrants are allotted to both promoter and non-promoter groups, including individuals and corporate entities. Each warrant is convertible into one equity share of face value ₹5 upon payment of the balance exercise price of ₹13.5 per warrant.

Jet Freight Logistics Limited has announced a revision in the schedule for its participation in the India International Cargo Show 2026 (IICS 2026). The exhibition, South Asia's largest multimodal logistics event, has been rescheduled by the organizers and will now take place from June 04 to June 06, 2026, at Bharat Mandapam, New Delhi. The company will be exhibiting at Booth No. C19. All other details previously disclosed remain unchanged.

Mary Louisa Hanse, Assistant General Manager - Chennai Branch Sales & Operation and a Senior Management Personnel at Jet Freight Logistics Ltd, has resigned from her position. Her resignation will be effective from the closure of business hours on May 27, 2026. The resignation letter, dated May 19, 2026, has been accepted by the company. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Jet Freight Logistics Ltd re-submitted its annual audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, following observations from the NSE regarding the legibility of the initially submitted documents. The revised submission includes OCR-enabled and machine-readable PDF documents. The board had approved these results in a meeting held on May 13, 2026, along with the appointment of M/s. Daya & Associates as Internal Auditors for FY 2026-27. The contents of the original submission remain unchanged.

Jet Freight Logistics Ltd has appointed M/s. Daya & Associates, Chartered Accountants, as the Internal Auditors for the Financial Year 2026-27. The appointment was approved by the Board of Directors on May 13, 2026, based on the recommendation of the Audit Committee. Daya & Associates, established in 2013 and based in Mumbai, provides services in audit and assurance, taxation, and regulatory compliance.

Jet Freight Logistics Ltd has appointed M/s. Daya & Associates, Chartered Accountants, as the Internal Auditors for the Financial Year 2026-27. The appointment was approved by the Board of Directors on May 13, 2026, based on the recommendation of the Audit Committee. Daya & Associates, established in 2013 and based in Mumbai, provides services in audit and assurance, taxation, and regulatory compliance.

Jet Freight Logistics Ltd's Board of Directors approved the annual audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board also appointed M/s. Daya & Associates as Internal Auditors for the Financial Year 2026-27, based on the recommendation of the Audit Committee. The meeting concluded at 1:20 p.m. on May 13, 2026.