Please find enclosed, the Scrutinizers'' Report along with the Voting Results for the Postal Ballot.
JETFREIGHT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jet Freight Logistics Ltd has announced the results of its Postal Ballot conducted via remote e-voting. Two special resolutions were passed with near-unanimous approval (~100%). Resolution 1 re-appointed Mr. Richard Francis Theknath as Managing Director and Chairman for 3 years, with 24,015,036 votes in favor and only 9 against. Resolution 2 re-appointed Mr. Dax Francis Theknath as Whole-time Director for 3 years, with 24,015,033 votes in favor and only 12 against. The voting period ran from April 29 to May 28, 2026, with 20,513 shareholders eligible. Voter turnout was 51.75% of total shares, with the promoter group holding 23.6 million shares voting unanimously in favor.
Both key management positions have been secured for another 3 years, ensuring leadership continuity. The near-unanimous approval with promoter support reduces immediate governance risk, though the extremely low retail participation (1.71% of public shares polled) may raise questions about minority shareholder engagement.