Date: September 29, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Warrant Conversion and Shareholding Change Disclosure

Jet Freight Logistics Limited received disclosure from acquirer and members of the Promoter Group regarding allotment of equity shares pursuant to conversion of warrants.

Acquisition Details

  • Mode of acquisition: Preferential Allotment
  • Date of acquisition: September 25, 2026
  • Number of equity shares allotted: 37,06,665
  • Warrant exercise price: ₹13.50 per warrant (75% of ₹18 per Warrant Issue Price)
  • Total transaction value: ₹1,66,79,992 (for the disclosed portion)

Promoter Group Members Receiving Shares

1. Ms. Tyra Richard Theknath - 12,35,555 equity shares

2. Mr. Tyrus Richard Theknath - 12,35,555 equity shares

3. Ms. Thea Richard Theknath - 12,35,555 equity shares

Capital Structure Changes

  • Equity share capital before acquisition: ₹23,20,18,920 (4,64,03,784 Equity Shares of ₹5 each)
  • Equity share capital after acquisition: ₹25,46,17,235 (5,09,23,447 Equity Shares of ₹5 each)
  • Total diluted share capital after acquisition: ₹41,91,57,390 (8,38,31,478 Equity Shares of ₹5 each)

Shareholding Pattern Changes

Before Acquisition (Promoter Group Total):

  • Shares carrying voting rights: 2,36,26,488 shares (50.92%)
  • Total holding including warrants: 4,58,66,488 (50.92% of voting, 54.70% diluted)

After Acquisition (Promoter Group Total):

  • Shares carrying voting rights: 2,73,33,153 shares (53.67%)
  • Remaining warrants outstanding: 1,85,33,335
  • Richard Francis Theknath: 1,08,48,452 shares (21.30%)
  • Dax Francis Theknath: 96,18,000 shares (18.89%)
  • Agnes Francis Theknath: 31,60,000 shares (6.21%)
  • Out of Dax Francis Theknath's holding, 61,80,000 equity shares are pledged

Additional Promoter Group Members

The disclosure also includes other promoter group members: Richard Francis Theknath, Dax Francis Theknath, Agnes Francis Theknath, Arlene Sandra Theknath, Christina Dax Theknath, Elizabeth Muriel Dias, and Achamma Coutinho.