JETFREIGHTBSEJet Freight Logistics LtdMediumNeutral
Announced Fri, 29 May · 18:36 IST

Please find enclosed, the Scrutinizers'' Report along with the Voting Results for the Postal Ballot.

Board & Shareholder Meetings View source PDF

JETFREIGHT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹23.05
prior close
₹23.79
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.6-1.3-1.3-1.6-5.6-7.9-5.4+2.2-1.4-5.2-3.5-2.2
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AI summary

Jet Freight Logistics Limited has announced the results of its Postal Ballot conducted via remote e-voting, where shareholders approved two Special Resolutions. Both Mr. Richard Francis Theknath (Managing Director and Chairman) and Mr. Dax Francis Theknath (Whole-time Director) have been re-appointed for a period of three years with their remuneration fixed. The voting took place from April 29, 2026 to May 28, 2026, with approximately 24 million shares (51.75% of total) participating. Resolution 1 received 100% approval (24,015,036 votes in favor, 9 against), and Resolution 2 received 100% approval (24,015,033 votes in favor, 12 against). The scrutinizer was Ms. Jigyasa Ved of Parikh & Associates.

Likely market impact

The unanimous approval of both director re-appointments ensures leadership continuity at Jet Freight Logistics for the next three years. The near-100% voting support from both promoters and public shareholders signals strong confidence in the current management team. No immediate impact on stock price expected as these are routine corporate governance matters.