jet knitwears disclosed on April 04, 2026, that its promoter and promoter group have not encumbered any shares during the financial year ended March 31, 2026. The declaration ensures that the shareholding structure remains free from charges or liens, providing stability to the company's equity base. This disclosure is significant for shareholders as it confirms that the promoters' holdings are not pledged, reducing the risk of ownership changes due to financial obligations.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. The declaration was submitted by Balram Kumar Narula, Promoter and Chairman of Jet Knitwears Limited, on behalf of the promoter and promoter group. The document was digitally signed and submitted to the National Stock Exchange.

Regulatory Compliance

The submission fulfills the regulatory requirement for listed companies to disclose any encumbrance on shares held by promoters. The declaration confirms that no shares were pledged, directly or indirectly, by the promoter group throughout FY26.

The disclosure was formally communicated by Rakesh Kumar Narula, Wholetime Director of Jet Knitwears Limited, to the National Stock Exchange.

Jet Knitwears Limited reported a net profit of ₹5.55 lakh for the financial year ended March 31, 2026, compared to ₹34.68 lakh in the previous year. The Board approved the standalone audited financial results for the year and half-year ended March 31, 2026, during a meeting held on May 30, 2026. Revenue from operations for FY26 stood at ₹2335.14 lakh, a decrease from ₹2817.47 lakh in FY25.

Financial Performance

The company's total income for FY26 was ₹2338.72 lakh, down from ₹2817.90 lakh in the prior year. Total expenses for the period were ₹2330.34 lakh, compared to ₹2762.75 lakh in FY25. The profit before tax for the year was ₹8.38 lakh, significantly lower than the ₹55.15 lakh recorded in the previous year. Basic earnings per share (EPS) for FY26 were reported at ₹0.13, down from ₹0.79 in FY25.

Key Appointments

The Board approved the appointment of Ms. Sukhleen Kaur as Whole Time Company Secretary and Compliance Officer, designated as Key Managerial Personnel, effective May 30, 2026. She is an Associate Member of the Institute of Company Secretaries of India (ICSI) with membership number A80345. The appointment was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

Director Reappointment

The Board took note of the new term of office for Mr. Rakesh Kumar Narula as Whole Time Director. His tenure has been extended for a successive term of three years, effective from May 14, 2026, until May 14, 2029, or until he attains the age of 70 years, whichever occurs earlier. This reappointment was approved by shareholders at the Annual General Meeting held on September 29, 2025.