Jet Freight Logistics has officially completed the dispatch of its postal ballot notice on April 28, 2026, seeking shareholder approval for the re-appointment of two key executive directors through special resolutions. The company has issued formal intimation to stock exchanges regarding newspaper publication of the postal ballot notice under Regulation 30 of SEBI Listing Regulations.

Postal Ballot Notice Dispatch and Publication

The company has fulfilled regulatory requirements by publishing newspaper advertisements on Wednesday, April 29, 2026, in The Free Press Journal (English) and Navshakti (Marathi). The notice contains comprehensive details regarding postal ballot dispatch, remote e-voting facility, cut-off date, and other relevant information for shareholders.

Director Re-appointments and Terms

The postal ballot covers two special resolutions for director re-appointments effective from June 20, 2026 to June 19, 2029. Both directors' current tenures end on June 19, 2026, making these re-appointments crucial for leadership continuity.

E-voting Schedule and Process

The company has established a comprehensive timeline for the postal ballot process with remote e-voting facility provided by Bigshare Services Pvt Ltd:

Ms. Jigyasa Ved (Membership No. FCS 6488) or Ms. Sarvari Shah (Membership No. FCS 9697) of Parikh & Associates have been appointed as scrutinizers to ensure fair and transparent conduct of the postal ballot process.

Remuneration Structure

The proposed remuneration structure for both directors follows an identical framework with performance-based increments:

Company Financial Performance

The company's recent financial performance shows significant improvement:

The postal ballot notice has been sent electronically to shareholders whose email addresses are registered with the company or depositories as of the cut-off date. The notice is also available on the company's website and stock exchange platforms for shareholder access and review.

Source: None/Company/INE982V01025/50e065c49c6946a1.pdf

Jet Freight Logistics Limited's Board of Directors held a meeting on March 31, 2026, approving significant corporate governance matters including the appointment of Internal Auditors and amendments to critical compliance policies. The company has updated its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, which became effective from April 1, 2026.

Q4FY26 SEBI Compliance Certificate

Jet Freight Logistics Limited has submitted its certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was issued by Bigshare Services Pvt. Ltd., the company's Registrar & Share Transfer Agent, and submitted to both NSE and BSE on April 6, 2026.

The certificate confirms that Regulation 74(5) is not applicable to the company as the entire holding of shares remains in demat form. No requests for rematerialisation or dematerialisation were received from any members during the quarter ended March 31, 2026.

Internal Auditor Appointment

The Board approved the appointment of M/s. Daya & Associates (Firm Registration No. 026377N), Chartered Accountants, as Internal Auditors for the fourth quarter of Financial Year 2025-26. This appointment was made based on the recommendation of the Audit Committee, pursuant to Regulation 30 read with Para A(7) of Part A of Schedule III of the SEBI regulations.

M/s. Daya & Associates is a Mumbai-based Chartered Accountant firm established in 2013. The firm provides comprehensive services in audit and assurance, taxation, and regulatory compliance.

Fair Disclosure Code Amendment

The company has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. This represents Version 5 of the code, with the Legal and Secretarial Department serving as the owner.

The updated code includes comprehensive definitions of key terms and establishes clear procedures for pre-clearance of trading, disclosure requirements, and maintenance of digital databases for persons with whom UPSI is shared. The code introduces trading window restrictions, where the trading window shall be closed 7 days prior to and during the time of UPSI, with a pre-clearance requirement for trades above Rs. 5 lakhs market value.