Jet Freight Confirms No Fund Utilization Deviation

Key Disclosure Content

Jet Freight Logistics Limited confirms there is no deviation or variation in the use of proceeds raised through allotment of Equity Shares pursuant to conversion of Warrants from the objects stated in the notice of Extra-Ordinary General Meeting and Corrigendum(s) issued thereunder.

Financial Details

• Funds Raised: ₹6,10,15,450.50 (approximately ₹6.10 crores)
• Mode of Fund Raising: Allotment of Equity Shares pursuant to Conversion of Warrants
• Date of Raising Funds: September 25, 2026 (allotment of equity shares pursuant to warrant conversion)
• Reporting Period: Quarter ended September 30, 2026

Audit Committee Review

The Audit Committee reviewed and confirmed the nil deviation statement at its meeting held on October 28, 2026. The committee provided no comments as there was no deviation to comment on.

Additional Information

• The company confirmed there is no change in terms of contract or objects that was approved by shareholders
• No explanation for deviation/variation required as none exists
• No auditor comments were provided as the statement shows no deviation