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Jet Freight Logistics Ltd. ( (IN:JETFREIGHT) ) has issued an announcement.
Jet Freight Logistics Ltd. has initiated a postal ballot process to seek shareholder approval via remote e-voting 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 voting window will run from April 29 to May 28, 2026, with results expected by May 30, 2026, and the process, overseen by an independent scrutiniser, underscores the company’s adherence to regulatory norms and corporate governance as it looks to maintain leadership continuity.
The postal ballot notice is being dispatched electronically to eligible shareholders in line with Ministry of Corporate Affairs guidelines, reflecting the company’s use of digital channels for shareholder engagement. Jet Freight has engaged Bigshare Services Pvt Ltd to provide the e-voting platform, and the outcome may influence strategic direction and operational stability given the central roles of the two key executive directors in steering the business.
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 has wholly owned subsidiaries in Dubai, the Netherlands and the U.S., serving customers in international and domestic cargo and supply-chain services.
Average Trading Volume: 9,492
Technical Sentiment Signal: Buy
Current Market Cap: 968.9M INR
For an in-depth examination of JETFREIGHT stock, go to TipRanks’ Overview page.