BSEInsider Trading / SAST4d ago · 30 Sept 2026, 11:00 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tyra Theknath & Others
Jet Freight Logistics Ltd · 543420
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Jet Freight Logistics Ltd has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, due to the allotment of 37,06,665 equity shares to members of the Promoter Group, resulting in a change in shareholding percentage.
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Jet Freight Logistics Ltd - 543420 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Richard Francis Theknath
Flat No. 603/702, Satnam CHS LTD., Mob. No. 9820892928
Near Rajasthan Bank, Bandra West, Email ID – richard@jfll.com
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(2) of SEBI (Substantial Acquisition and Takeover)
Regulations, 2011 as amended (“SEBI Takeover Regulations”)
Dear Sir/ Madam,
Pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,
2011, please find enclosed below, the disclosure being the Promoter of Jet Freight Logistics Limited
("the Company").
The disclosure is being made consequent to the 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 following members of the Promoter Group:
1. Ms. Thea Richard Theknath
2. Mr. Tyrus Richard Theknath
3. Ms. Tyra Richard Theknath
Although the aforesaid equity shares have not been allotted to me, the allotment results in a change in
the shareholding percentage of the Promoter and Promoter Group of the Company on a fully diluted
basis.
Accordingly, the enclosed disclosure is being submitted under Regulation 29(2) of the SEBI (SAST)
Regulations, 2011.
Kindly take the above disclosure on your records and acknowledge the same.
Thanking you,
Mr. Richard Francis Theknath
For and behalf of the Promoters, Members of Promoter Group and Persons Acting in Concert
Encl: Disclosures under Regulation 29(2) of the SEBI Takeover Regulations.
RICHARD FRANCIS THEKNATH
Flat No-603/702, Satnam CHS LTD, 29th Road, Near Rajasthan Bank, Bandra West, Andheri Mumbai Suburban - 400050.
Format for Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
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 diluted
share/voting share/voting capital of
Details of the acquisition as follows capital 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 till Theequityshares receiveduponconversionofthe saidwarrants
redemption, ratio at which it can be converted into shall rank pari passu in all respects with the existing equity
equity shares, etc. shares of the Company, including with respect to dividend,
voting rights and other corporate benefits.
Date of acquisition of/ date of receipt of intimation of
allotment of shares / VR/ warrants/ con
25 September 2026
securities/anyotherinstrument that entitlestheacquirerto
receive shares in the TC.
Equity share capital / total voting capital of the TC before Rs. 23,20,18,920
the said acquisition (4,64,03,784 Equity Shares of INR 5/- each)
Equitysharecapital/ total voting capital of theTCafter the Rs.25,46,17,235
said acquisition (5,09,23,447 Equity Shares of INR 5/- each)
Total diluted share/voting capital of the TC after the Rs. 41,91,57,390
said acquisition (8,38,31,478 Equity Shares of INR 5/- each)
Note:
(*) Totalsharecapital/voting capitaltobetaken asper thelatestfilingdone bythecompany totheStockExchange under
Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding
convertible securities/warrants into equity shares of the TC.
(***) OutofthetotalholdingofMr.DaxFrancisTheknath comprising96,18,000 equitysharesoftheCompany,61,80,000
equity shares are pledged.
(#)Warrantssubscribeddoesnotcarryvotingrightsunlessthesaidwarrantsareconverted/exchangesinto/withtheequity
share of the target company.
(##)Assumingthatallthewarrants(i.e.3,74,27,694) allottedbythetargetcompanyareconverted/exchangesinto/withthe
equity share of the target company.
For and behalf of the Promoter and Promoter Group
Members of Promoter Group and Person Acting in Concert
Richard Francis Theknath
Place: Mumbai
Date: September 29, 2026