Jet Freight Logistics Limited Schedules Board Meeting on January 20, 2026 for Fund Raising Proposals

Jet Freight Logistics Limited has announced that its Board of Directors will convene on January 20, 2026, to deliberate on significant fund raising proposals. The meeting has been scheduled in accordance with Regulation 29(1)(d) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Fund Raising Proposals Under Consideration

The board meeting will focus on comprehensive fund raising strategies designed to strengthen the company's financial position. The directors will evaluate multiple funding mechanisms to determine the most suitable approach for the organization's growth objectives.

Fund Raising Method:	Details
Preferential Issue:	Direct allocation to selected investors
Private Placement:	Non-public offering to institutional investors
Rights Issue:	Offering to existing shareholders
Combination Methods:	Multiple approaches as deemed appropriate

The proposed fund raising will be executed in one or more tranches, providing flexibility in implementation based on market conditions and strategic requirements. All fund raising activities will be subject to necessary statutory and regulatory approvals, including mandatory shareholder consent.

Shareholder Approval Process

The board will simultaneously approve the notice for an Extra-Ordinary General Meeting (EGM) during the January 20, 2026 session. This EGM will serve as the platform for seeking formal shareholder approval for the recommended fund raising proposals.

Key aspects of the approval process include:

Formal presentation of fund raising proposals to shareholders
Detailed explanation of intended use of raised funds
Voting on board recommendations
Compliance with all regulatory requirements

Regulatory Compliance and Transparency

The announcement demonstrates Jet Freight Logistics Limited's commitment to maintaining transparency with stakeholders and adhering to regulatory frameworks. Company Secretary and Compliance Officer Anmol Ashvin Patni signed the official communication, ensuring proper documentation and compliance protocols.

The company has made the information available on its official website at www.jetfreight.co , providing easy access for investors and stakeholders. This proactive disclosure approach aligns with best practices in corporate governance and regulatory compliance.

Company Background

Jet Freight Logistics Limited operates as a logistics service provider with ISO 9001:2015 certification and maintains listings on both NSE and BSE exchanges. The company has established a significant presence across multiple Indian cities including Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, Kolkata, and several other locations, along with international operations through wholly-owned subsidiaries in Dubai, Netherlands, and the USA.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.54%	-0.12%	-9.69%	+20.56%	+13.16%	+150.67%

Jet Freight Logistics Limited , a prominent player in the logistics sector, has announced a significant corporate action involving its promoter. Dax Francis Theknath, the Promoter Executive Director of the company, has pledged 22,30,000 equity shares, representing 4.81% of the total share capital, to the State Bank of India on November 24, 2025.

Key Details of the Pledge

Aspect	Details
Promoter	Dax Francis Theknath
Shares Pledged	22,30,000
Percentage of Total Share Capital	4.81%
Pledged To	State Bank of India
Date of Pledge	November 24, 2025
Purpose	Working Capital Facility
Borrowed Amount	Rs. 9.25 crores

The pledge was created to secure a working capital facility for the company. This move is aimed at providing additional financial resources for Jet Freight Logistics.

Financial Context

To understand the implications of this pledge, it's important to consider Jet Freight Logistics' recent financial position:

Financial Metric	FY 2025 (in Rs. crore)	YoY Change
Total Assets	178.40	+4.57%
Current Assets	111.10	+18.44%
Total Equity	66.10	+5.76%
Current Liabilities	96.50	+5.35%

The company's balance sheet shows growth in total assets and current assets, indicating an expanding business. The increase in current assets (18.44% YoY) suggests a potential need for additional working capital to support this growth, which aligns with the purpose of the share pledge.

Implications and Outlook

Working Capital Management: The pledge for working capital facilities indicates that the company is actively managing its short-term financial needs, possibly to support ongoing operations or expansion plans.
Promoter Commitment: By pledging a significant portion of his shareholding, Dax Francis Theknath demonstrates confidence in the company's future prospects and a willingness to leverage personal assets for corporate benefit.
Financial Flexibility: The additional working capital of Rs. 9.25 crores could provide Jet Freight Logistics with enhanced operational flexibility in the logistics market.
Market Perception: While share pledging by promoters can sometimes be viewed cautiously by the market, the clear purpose of working capital and the company's growing asset base may help maintain investor confidence.

As Jet Freight Logistics navigates through its growth phase, stakeholders will likely keep a close eye on how effectively the company utilizes this additional working capital and its impact on future financial performance.