General Updates

JFLL/CS/SE/2026-2027/46 Date: September 25, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Department of Corporate Services, Bandra Kurla Complex, Bandra (East), P. J. Towers, Dalal Street, Fort, Mumbai – 400051. Mumbai- 400001. NSE Symbol: JETFREIGHT BSE Scrip Code: 543420 ISIN: INE982V01025 Sub: Intimation of Conversion of 45,19,663 Equity Warrants into Equity Shares pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”) Dear Sir/Madam (s), Pursuant to the approval of the Board of Directors by the way of circular resolution passed today i.e. on September 25, 2026, the Board of Directors of the Company has approved the allotment of equity shares on conversion of 45,19,663 (Forty-Five Lakhs Nineteen Thousand Six Hundred and Sixty Three) equity warrants into 45,19,663 (Forty-Five Lakhs Nineteen Thousand Six Hundred and Sixty Three) equity shares at an issue price of ₹18/- (Rupees Eighteen only) (including a premium of ₹13/-) each, to person belonging to the Promoter Group Category & Non-Promoter Category, on preferential basis, upon receipt of amount aggregating to ₹6,10,15,450.50 (Rupees Six Crore Ten Lakhs Fifteen Thousand Four Hundred Fifty and Fifty Paisa only) from the allottee(s) pursuant to the exercise of their rights of conversion into equity shares in accordance with the provisions of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Following are the details of the allottee(s): S. Name of the Category No. of No. of Amount No. of No. Allottee (Promoter warrants Equity received warrants Group/ Non- held (prior Shares being 75% of pending Promoter) to allotted the issue price for conversion) per warrant# conversi 1. Tyra Richard Promoter 74,13,333 12,35,555 1,66,79,992.50 61,77,778 Theknath Group 2. Tyrus Richard Promoter 74,13,333 12,35,555 1,66,79,992.50 61,77,778 Theknath Group 3. Thea Richard Promoter 74,13,334 12,35,555 1,66,79,992.50 61,77,779 Theknath Group 4. Non-Promoter 1,00,000 33,333 4,49,995.50 66,667 Aqsa Rais Group 5. Non-Promoter 10,00,000 3,33,333 44,99,995.50 6,66,667 Shrawan Group Kumar Babulal Jajodia 6. Non-Promoter 2,80,000 93,333 12,59,995.50 1,86,667 Farhat Jahan Group 7. Deepika Non-Promoter 62,000 20,666 2,78,991.00 41,334 Group 8. Madhu Bala Non-Promoter 31,000 31,000 4,18,500.00 - Group 9. Subhash Non-Promoter 55,000 55,000 7,42,500.00 - Chandra Juyal Group 10. Bhupendra Non-Promoter 38,000 38,000 5,13,000.00 - Singh Negi Group 11. Jayesh Modi Non-Promoter 4,68,750 1,56,250 21,09,375.00 3,12,500 Group 12. Niraj Non-Promoter 1,56,250 52,083 1,04,167 7,03,120.50 Prakashchand Group Bhandari Total 2,44,31,000 45,19,663 6,10,15,450.50 1,99,11,337 # Out of the total amount of ₹6,10,15,500.00 received, ₹49.50 shall be refunded to the Warrant Holder towards adjustment of fractional entitlement, and accordingly ₹6,10,15,450.50 shall be considered towards conversion of the Warrants. Pursuant to conversion, the Issued, Subscribed and Paid-up Equity Share Capital of the Company stands increased from ₹23,20,18,920/- consisting of 4,64,03,784 fully paid-up Equity Shares of ₹5/- each to ₹ 25,46,17,235/- consisting of 5,09,23,447 fully paid-up Equity Shares of ₹5/- each. The new equity shares so allotted shall rank pari-passu with the existing equity shares of the Company and will be listed on BSE Limited and National Stock Exchange of India Limited upon receipt of listing approval. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as “Annexure-I”. Kindly take the above information on your records. Thanking you, Yours faithfully, For Jet Freight Logistics Limited Anmol Ashvin Patni Company Secretary & Compliance Officer Encl: a/a Annexure I The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as under: S. No. Particulars Details 1. Type of securities proposed to be Equity Shares face value of ₹5/- (Rupee Five issued (viz. equity shares, convertibles, only) each pursuant to conversion of equity etc.) warrants. 2. Type of issuance (further public Preferential allotment of Equity Shares pursuant offering, rights issue, depository to Conversion of Warrants in accordance with the receipts (ADR/GDR), qualified SEBI ICDR Regulations, 2018 read with the institutions placement, preferential Companies Act, 2013 and rules made thereunder allotment etc.) 3. Total number of securities proposed to Allotment of equity shares on conversion of be issued or the total amount for which 45,19,663 (Forty-Five Lakhs Nineteen the securities will be issued Thousand Six Hundred and Sixty Three) equity (approximately) warrants into 45,19,663 (Forty-Five Lakhs Nineteen Thousand Six Hundred and Sixty Three) equity shares at an issue price of ₹18/- (Rupees Eighteen only) (including a premium of ₹13/-) each, to person belonging to the Promoter Group Category & Non-Promoter Category, on preferential basis, upon receipt of amount aggregating to ₹6,10,15,450.50 (Rupees Six Crore Ten Lakhs Fifteen Thousand Four Hundred Fifty and Fifty Paisa only). 4. Additional Information in case of preferential issue the listed entity shall disclose the following additional details to the stock exchange(s): (i) Names of the Investors: 1. Tyra Richard Theknath 2. Tyrus Richard Theknath 3. Thea Richard Theknath 4. Aqsa Rais 5. Shrawan Kumar Babulal Jajodia 6. Farhat Jahan 7. Deepika 8. Madhu Bala 9. Subhash Chandra Juyal 10. Bhupendra Singh Negi 11. Jayesh Modi 12. Niraj Prakashchand Bhandari (ii) Post allotment of securities – (a) Outcome of the subscription: Pre-Preferential holding Post Preferential holding Name of the Investor No. of Equity % of No. of Equity % of Shares holding* Shares holding** Tyra Richard 1 0 0.00% 12,35,555 2.43% Theknath Tyrus Richard 2 0 0.00% 12,35,555 2.43% Theknath Thea Richard 3 0 0.00% 12,35,555 2.43% Theknath 4 Aqsa Rais 0 0.00% 33,333 0.07% Shrawan Kumar 5 0 0.00% 3,33,333 0.65% Babulal Jajodia 6 Farhat Jahan 0 0.00% 93,333 0.18% 7 Deepika 0 0.00% 20,666 0.04% 8 Madhu Bala 224 0.00% 31,000 0.06% Subhash Chandra 9 0 0.00% 55,000 0.11% Juyal Bhupendra Singh 10 0 0.00% 38,000 0.07% Negi 11 Jayesh Modi 1,30,628 0.28% 1,56,250 0.31% Niraj Prakashchand 12 0 0.00% 52,083 0.10% Bhandari *These percentages have been calculated on the basis of pre-preferential share capital of the Company i.e., ₹23,20,18,920 (Rupees Twenty-Three Crore Twenty Lakh Eighteen Thousand Nine Hundred Twenty Only) divided into 4,64,03,784 (Four Crore Sixty-Four Lakh Three Thousand Seven Hundred Eighty-Four) Equity Shares of ₹5/- (Rupees Five Only) each. **These percentages have been calculated on the basis of post conversion share capital of the Company i.e. ₹25,46,17,235/- (Rupees Twenty-Five Crore Forty-Six Lakh Seventeen Thousand Two Hundred Thirty-Five Only) divided into 5,09,23,447 (Five Crore Nine Lakh Twenty-Three Thousand Four Hundred Forty-Seven) Equity Shares of ₹5/- (Rupees Five Only) each after taking into consideration the conversion of 45,19,663 (Forty-Five Lakh Nineteen Thousand Six Hundred and Sixty-Three) equity warrants into equity shares of the Company. (b) Issue price / Allotted price (in case of Equity Warrants had been allotted on June 05, convertibles) 2026 carrying a right to subscribe to one Equity Share per Warrant, on receipt of amount at the rate of ₹4.5/- per warrant (being 25% of the issue price per warrant). Now, 45,19,663 (Forty-Five Lakh Nineteen Thousand Six Hundred and Sixty-Three) Equity Shares have been allotted on receipt of balance amount at the rate of ₹13.5 per warrant, (being 75% of the issue price per warrant). Therefore, Issue price is ₹18 per equity share. (c) Number of investors 12 (ii [Showing first 8,000 characters — download PDF for full document]