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Jet Freight Logistics Ltd. ( (IN:JETFREIGHT) ) has shared an update.
Jet Freight Logistics Ltd. has launched a postal ballot process to seek shareholder approval for the re-appointment of Managing Director and Chairman Richard Francis Theknath and Whole-time Director Dax Francis Theknath for a further three-year term, including approval of their remuneration. The company is conducting the exercise entirely via remote e-voting in line with SEBI and MCA regulations, with Bigshare Services providing the e-voting platform and an independent scrutiniser overseeing the process, underscoring its emphasis on regulatory compliance and continuity of leadership.
The postal ballot notice has been emailed to eligible shareholders as of April 24, 2026, with e-voting open from April 29 to May 28, 2026 and results to be declared on or before May 30, 2026. By formalising these leadership appointments through shareholder approval, Jet Freight aims to reinforce management stability at a time of ongoing expansion in its domestic and overseas network, which may be viewed positively by investors seeking governance transparency and operational continuity.
More about Jet Freight Logistics Ltd.
Jet Freight Logistics Ltd. is an India-based logistics and freight forwarding company listed on NSE and BSE, with ISO 9001:2015 certification and IATA accreditation. It operates across major Indian cities and international locations including the UK, Dubai, the Netherlands and the USA, focusing on multimodal cargo movement and end-to-end logistics solutions for global trade clients.
Average Trading Volume: 9,492
Technical Sentiment Signal: Buy
Current Market Cap: 968.9M INR
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