Jet Freight Logistics Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Jet Freight Logistics has submitted a Regulation 31(4) disclosure to the stock exchanges for the year ended March 31, 2025. The promoter, Chairman & Managing Director Richard Francis Theknath, on behalf of himself, the promoter group, and persons acting in concert, has declared that no new encumbrance (pledge, lien, or similar charge) has been created on the company's shares during FY 2024-25, other than what was already disclosed earlier. This is a routine annual compliance filing required by SEBI's takeover regulations. The disclosure was made on April 4, 2025, and signed digitally by both the Company Secretary and the promoter.
This is a routine, neutral compliance filing. Investors can take comfort that promoters have not pledged or otherwise encumbered any additional shares during the year, meaning no new financial stress signals from the promoter group. No material impact on share price is expected from this disclosure.