Jet Freight Logistics Limited has informed the Exchange about General Updates
JETFREIGHT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jet Freight Logistics Limited has disclosed the results of a postal ballot conducted via remote e-voting, completed on May 28, 2026. Shareholders approved two special resolutions: (1) re-appointment of Mr. Richard Francis Theknath as Managing Director and Chairman for three years with remuneration, and (2) re-appointment of Mr. Dax Francis Theknath as Whole-time Director for three years with remuneration. Both resolutions passed overwhelmingly with ~100% votes in favour. For Resolution 1, 24,015,036 votes were cast in favour (9 against) out of a total of 24,015,045 valid votes. For Resolution 2, 24,015,033 votes were cast in favour (12 against). The promoter group held approximately 50.9% of shares and voted unanimously in favour on both resolutions. The scrutinizer was Ms. Jigyasa Ved of Parikh & Associates.
The near-unanimous shareholder approval confirms continued confidence in the company's key leadership. No immediate change in business direction is implied, as both directors are being reappointed rather than replaced. The stock is unlikely to see any reaction given the routine nature of the approvals.