Announced Tue, 29 Sept, 2026 · 17:10 IST
Promoter Group Stake Rises to 53.67 percent via Warrant Conversion
JETFREIGHT · price
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Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹20.60
prior close
₹20.32
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.8+3.9+3.9+3.4-5.8-4.4-4.2-5.0-6.6—————
Up moveDown movePending
AI summary
Promoters of Jet Freight Logistics received 37,06,665 equity shares on conversion of warrants approved by Board on September 25, 2026. Allotment went to three promoter group members, Thea, Tyrus, and Tyra Theknath, at 12,35,555 shares each. Promoter Group Holding rose from 50.92 percent to 53.67 percent on basic share basis, while diluted basis holding remains at 54.70 percent. Note: 61.80 lakh shares held by Mr. Dax Francis Theknath are pledged out of his 96.18 lakh holding.
Likely market impact
Promoter stake rises 2.75 percent. Slightly dilutive for non-promoter shareholders as new shares were issued to promoter group only.