BSECompany Update5d ago · 29 Sept 2026, 05:07 pm

Please find enclosed, the disclosure received from the Acquirer, Member of the Promoter Group of the Company pursuant to allotment of equity shares upon conversion of Warrants.

Jet Freight Logistics Ltd · 543420

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Jet Freight Logistics Ltd has received disclosure from the acquirer, members of the Promoter Group, regarding the allotment of 37,06,665 equity shares upon conversion of warrants.

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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk4/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Jet Freight Logistics Ltd - 543420 - Disclosure Under Regulation 29(1) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.

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Jet Freight Logistics Limited An NSE & BSE Listed Company ISO 9001:2015 Certified CIN: L63090 MH 2006 PLC 161114 IATA No.: 14/3-4781 JFLL/CS/SE/2026-2027/48 Date: September 29, 2026 Listing Department, Listing Operations Department, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra Kurla Complex, P.J. Towers, Dalal Street, Bandra East, Mumbai-400051. Mumbai – 400 001. NSE Trading Symbol: JETFREIGHT BSE Scrip Code: 543420 ISIN: INE982V01025 Subject: Disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Dear Sir/Madam, Pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we hereby inform you that the Company has received disclosure from the acquirer, members of the Promoter Group in connection with the allotment of Equity Shares pursuant to Conversion of Warrants by the Company, a copy of which is enclosed herewith. Kindly take the same on record. Thanking you. Yours faithfully, For Jet Freight Logistics Limited Anmol Ashvin Patni Company Secretary & Compliance Officer REGD. OFFICE : C-706, Pramukh Plaza, Cardinal Gracious Road, Opp. Holy Family Church, Chakala, Andh eri East, Mumbai – 40009 9 +91 22 6104 3700 contactus@jfll.com www.jfll.com Mumbai | Delhi | Bengaluru | Chennai | Hyderabad | Kolkata | Cochin | Ahmedabad | Thiruvananthapuram | Goa | Kannur | Calicut | Lucknow | Vadodara | UK | A WOS in Dubai, Netherlands & USA Tyra Richard.Theknath Flat No. 603/702, Satnam CHS LTD, Near Rajasthan Bank, Bandra West, Mumbai 400 050 Date: September 29, 2026 Listing Department, Listing Operations Department, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra Kurla Complex, P.J. Towers, Dalal Street, Bandra East, Mumbai-400051. Mumbai – 400 001. NSE Trading Symbol: JETFREIGHT BSE Scrip Code: 543420 Email: takeover@nse.co.in Email: corp.relations@bseindia.com AND: The Company Secretary & Compliance Officer, Jet Freight Logistics Limited, C/706, Pramukh Plaza, Cardinal Gracious Road, Opp. Holy Family Church, Chakala, Andheri East Mumbai – 400099. Email: ir@jfll.com Sub: Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition and Takeover) Regulations, 2011 as amended (“SEBI Takeover Regulations”) & Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 (“SEBI Insider Code”). Dear Sir/ Madam, Pursuant to the Regulation 29(1) of the SEBI Takeover Regulations & Regulation 7(2) of SEBI Insider Code, please find enclosed the disclosure made pursuant to allotment of 37,06,665 equity shares upon conversion of warrants, pursuant to the approval of the Board of Directors of the Company on September 25, 2026, to the members of the promoter group as listed below: 1. Ms. Thea Richard Theknath 2. Mr. Tyrus Richard Theknath 3. Ms. Tyra Richard Theknath Further, pursuant to the aforesaid allotment of equity shares upon conversion of warrants (assuming on fully diluted basis), there will be a change in the holding of the members of the Promoter and Promoter Group of the Company. Kindly take the above disclosure on your records and acknowledge the same. Thanking you, TYRA RICHARD Digitally signed by TYRA RICHARD THEKNATH THEKNATH Date: 2026.09.29 13:00:25 +05'30' Ms. Tyra Richard Theknath For and behalf of the Acquirers, Promoters, Members of Promoter Group and Persons Acting in Concert Encl: (i) Disclosures under Regulation 29(1) of the SEBI Takeover Regulations. (ii) Disclosures under Regulation 7(2) of the SEBI Insider Code. TYRA RICHARD THEKNATH Flat No-603/702, Satnam CHS LTD, 29th Road, Near Rajasthan Bank, Bandra West, Andheri Mumbai Suburban - 400050. Format(cid:131)for(cid:131)Disclosures(cid:131)under(cid:131)Regulation(cid:131)29(1)(cid:131)of(cid:131)SEBI(cid:131)(Substantial(cid:131)Acquisition(cid:131)of(cid:131)Shares(cid:131)and Takeovers)(cid:131)Regulations,(cid:131)2011 Part A - Details of the Acquisition Name of the Target Company (TC) JET FREIGHT LOGISTICS LIMITED Acquirer and Members of the Promoter Group 1 Tyra Richard Theknath 2 Tyrus Richard Theknath 3 Thea Richard Theknath Persons forming part of Promoter & Promoter Group Name(s) of the acquirer and Persons Acting in Concert 1 Richard Francis Theknath (PAC) with the acquirer 2 Dax Francis Theknath 3 Agnes Francis Theknath 4 Arlene Sandra Theknath 5 Christina Dax Theknath 6 Elizabeth Muriel Dias 7 Achamma Coutinho Whether the acquirer belongs to Promoter/Promoter group Yes Name(s) of the Stock Exchange(s) where the shares of TCBSE Limited are Listed National Stock Exchange Of India Limited Number % w.r.t. total % w.r.t. total share/voting diluted share/voting Details of the acquisition as follows capital capital of the TC wherever (**) applicable(*) Before the acquisition under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights: 1 Richard Francis Theknath 1,08,48,452 23.38% 23.38% 2 Dax Francis Theknath 96,18,000 20.73% 20.73% 3 Agnes Francis Theknath 31,60,000 6.81% 6.81% 4 Arlene Sandra Theknath 16 0.00% 0.00% 5 Christina Dax Theknath 8 0.00% 0.00% 6 Elizabeth Muriel Dias 8 0.00% 0.00% 7 Achamma Coutinho 4 0.00% 0.00% 8 Tyra Richard Theknath 0 0.00% 0.00% 9 Tyrus Richard Theknath 0 0.00% 0.00% 10 Thea Richard Theknath 0 0.00% 0.00% Total 2,36,26,488 50.92% 50.92% b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others)*** NA NA NA c) Voting rights (VR) otherwise than by equity shares NA NA NA d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) NA NA NA 1 Tyra Richard Theknath 74,13,333 0# 8.84%## 2 Tyrus Richard Theknath 74,13,333 0# 8.84%## 3 Thea Richard Theknath 74,13,334 0# 8.84%## e) Total (a+b+c+d) 4,58,66,488 50.92% 54.70%## Details of acquisition a) Shares carrying voting rights acquired 1 Tyra Richard Theknath 12,35,555 2.43% 0##% 2 Tyrus Richard Theknath 12,35,555 2.43% 0##% 3 Thea Richard Theknath 12,35,555 2.43% 0##% b) VRs acquired otherwise than by equity shares NA NA NA c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired: NA NA NA Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) NA NA NA e) Total (a+b+c+/-d) 37,06,665 7.28% 0.00%## After the acquisition, holding of acquirer along with PACs a) Shares carrying voting rights 1 Richard Francis Theknath 1,08,48,452 21.30% 12.94%## 2 Dax Francis Theknath 96,18,000 18.89% 11.47%## 3 Agnes Francis Theknath 31,60,000 6.21% 3.76%## 4 Arlene Sandra Theknath 16 0.00% 0%## 5 Christina Dax Theknath 8 0.00% 0%## 6 Elizabeth Muriel Dias 8 0.00% 0%## 7 Achamma Coutinho 4 0.00% 0%## 8 Tyra Richard Theknath 12,35,555 2.43% 0.00%## 9 Tyrus Richard Theknath 12,35,555 2.43% 0.00%## 10 Thea Richard Theknath 12,35,555 2.43% 0.00%## Total 2,73,33,153 53.67% b) VRs otherwise than by equity shares NA NA NA c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition 1 Tyra Richard Theknath 61,77,778 0# 7.37%## 2 Tyrus Richard Theknath 61,77,778 0# 7.37%## 3 Thea Richard Theknath 61,77,779 0# 7.37%## Total 1,85,33,335 0# 22.11%## Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others)*** NA NA NA e) Total (a+b+c+d) 4,58,66,488 53.67% 54.70%## Mode of acquisition (e.g. open market / public issue / rights issues / preferential allotment / inter-se Preferential Allotment transfer/encumbrance, etc.) Salient features of the securities acquired including time tillTheequityshares receiveduponconversionofthesaidwarrants redemption, ratio at which it can be converted into shall rank pari passu in all respects with the existing equity equity [Showing first 8,000 characters — download PDF for full document]