Jet Freight Logistics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/01/2026 ,inter alia, to consider and approve Proposal for raising ....
JETFREIGHT · price
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Jet Freight Logistics Ltd has informed the stock exchanges that its Board of Directors will meet on January 20, 2026 to consider a proposal for raising funds through the issue of specified securities. The Board may use one or more methods, including Preferential Issue, Private Placement, Rights Issue, or other permissible routes, possibly in multiple tranches. The Board will also approve the notice for an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for the fund raise. No details on the amount, pricing, or specific instrument have been disclosed yet. The company is listed on both NSE (symbol: JETFREIGHT) and BSE (scrip code: 543420).
This intimation signals a potential equity dilution event for existing shareholders once the Board finalizes the size and method. The exact impact on the stock price will depend on whether funds are raised at a discount or premium and the use of proceeds, which are yet to be disclosed. Shareholders should watch for the outcome of the January 20 board meeting and the subsequent EGM.