BSECompany Update3d ago · 28 Oct 2026, 03:15 pm

Please find enclosed, the statement of deviation or variation for the quarter ended September 30, 2026.

Jet Freight Logistics Ltd · 543420

✦ AI SummaryFundraise

Jet Freight Logistics Ltd has submitted a statement confirming no deviation or variation in the use of proceeds raised through the allotment of equity shares pursuant to the conversion of warrants for the quarter ended September 30, 2026.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Jet Freight Logistics Ltd - 543420 - Statement Of Deviation Or Variation In The Use Of Proceeds Raised Through Allotment Of Equity Shares Pursuant To Conversion Of Warrants.

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Jet Freight Logistics Limited An NSE & BSE Listed Company ISO 9001:2015 Certified CIN: L63090 MH 2006 PLC 161114 JFLL/CS/SE/2026-2027/58 Date: October 28, 2026 IATA No.: 14/3-4781 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: Statement of deviation or variation in the use of proceeds raised through allotment of Equity Shares pursuant to conversion of Warrants. Dear Sir/ Madam, Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“SEBI Listing Regulations 2015”), we hereby confirm that there is no deviation or variation in the use of proceeds raised through allotment of Equity Shares pursuant to conversion of Warrants from the objects stated in the notice of Extra-Ordinary General Meeting and Corrigendum(s) issued thereunder. A NIL statement confirming that there is no deviation or variation in the utilisation of these proceeds for the quarter ended September 30, 2026, duly reviewed by the Audit Committee at its meeting held today i.e. October 28, 2026. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 is enclosed herewith as “Annexure A”. Kindly take the same on your records and disseminate. Yours faithfully, Thanks & Regards, For Jet Freight Logistics Limited, Richard Francis Theknath Chairman & Managing Director 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 Jet Freight Logistics Limited .,-._ Ji; I An NSE & BSE Listed Company JETFREIGHT ISO 9001:2015 Certified CIN: L63090 MH 2006 PLC 161114 THE WAVE OF RELIABILITY & PERFORMANCE IATA No.: 14/3-4781 Statement of Deviation / Variation in utilisation of funds raised: AnnexureA Name of listed entit Mode of Fund Raising Allotment of Equity Shares pursuant to Conversion of Warrants Date of Raising Funds September 25, 2026 (Allotment of equity shares ursuant to the conversion of warrants INR 6,10,15,450.50 (Approx 6.10 Crores) Se tember 30, 2026 Is there a Deviation / Variation in use of No funds raised If yes, whether the same is pursuant to Not Applicable change in terms. of a contract or objects, which was a rove' d b the shareholders Ex lanation for the Deviation/ Variation Not A licable Comments of the Audit Committee after No Comments review Comments of the auditors, if an No Comments Objects for which funds have been raised and where there has been a deviation, in the followin table: Not A licable Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or; (b) Deviation in the amount off imds actually utilized as against what was originally disclosed or; (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offe,� etc. Tl nks & Regards, r J Freight Logistics Limited ...... Richard Francis Theknath Chairman & Managing Director REGO. OFFICE : C-706, Pramukh Plaza, Cardinal Gracious Road, Opp. Holy Family Church, Chakala, Andheri East, Mumbai -400099 +9122 6104 3700 contactus@jfll.com www.jt11.com Mumbai I Delhi I Bengaluru I Chennai I Hyderabad I Kolkata I Cochin I Ahmedabad I Trivandrum Kannur I Calicut I Noida I Mundra I Gurgaon I UK I Netherland I USA I Dubai