Jet Freight Logistics MD, chairman and AGM
NSE: JETFREIGHTBSE: 543420Transport ServicesSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹18.08.
27 Oct: open ₹18.39, high ₹18.83, low ₹18.08
- Next results date: the board meets on 28 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹94 Cr3,015th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 12.44
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 11.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 12.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 1.04
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,97,94030.1% delivered
Jet Freight Logistics' chairperson and managing director is Richard Francis Theknath, as filed for the quarter to Jun 2026. Its latest annual general meeting was on 23 Sep 2026.
Jet Freight Logistics board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorRichard Francis TheknathRelated to the promoter
- Company Secretary and Compliance OfficerAnmol Ashvin Patni
6 directors3 independent2 executive1 non-executive
- Richard Francis Theknath · Chairperson and managing directorExecutive · joined Apr 2006 · reappointed Jun 2021 · 1 listed board
- Dax Francis TheknathExecutive · joined Apr 2006 · reappointed Jun 2021 · 1 listed board · 1 committee seat
- Agnes Francis TheknathNon-executive · joined Sep 2012 · reappointed Sep 2025 · 1 listed board · 1 committee seat
- Rushabh Prashant PatilIndependent · joined Nov 2022 · 43 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Ajay Madhusudan GandejaIndependent · joined Jun 2023 · 36 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Jaya Ankur SinghaniaIndependent · joined May 2024 · 25 months as independent · 4 listed boards · 4 as independent · 8 committee seats, 3 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 5 Jun 20265 of 6 present2 independent · 22 days in between
- 13 May 20265 of 6 present3 independent · 15 days in between
- 27 Apr 20266 of 6 present3 independent · 26 days in between
- 31 Mar 20266 of 6 present3 independent · 56 days in between
2 earlier meetings
- 2 Feb 20265 of 6 present3 independent · 12 days in between
- 20 Jan 20266 of 6 present3 independent
Audit Committee
Chair Ajay Madhusudan Gandeja
Agnes Francis Theknath, Rushabh Prashant Patil, Jaya Ankur Singhania
- 13 May 20263 of 4 present3 independent · 42 days in between
- 31 Mar 20264 of 4 present3 independent · 56 days in between
- 2 Feb 20263 of 4 present3 independent · 12 days in between
- 20 Jan 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Jaya Ankur Singhania
Agnes Francis Theknath, Rushabh Prashant Patil
- 27 Apr 20263 of 3 present3 independent · 83 days in between
- 2 Feb 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair Jaya Ankur Singhania
Dax Francis Theknath, Rushabh Prashant Patil
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Ajay Shobha & CompanyPeer-review certificate valid to Apr 2027
1 earlier auditor
- GMCS & Co.Named in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Jet Freight Logistics AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Jet Freight Logistics dividend history
Annual general meeting, 23 Sep 2026
19,842 shareholders on the register on 16 Sep 2026; present: 7 promoters and 60 others; votes counted by Ms. Jigyasa Ved / M/s. Parikh & Associates, Practising Company Secretaries.The company's voting result
To receive, consider and adopt the Annual Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 along with the notes forming part thereof and the Report of the Board of Directors and the Statutory Auditors thereon;MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 51.86% · promoters 100.00% · institutions 0.00% · other public 1.93%
To receive, consider and adopt the Annual Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 along with the notes forming part thereof and the Statutory Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 51.86% · promoters 100.00% · institutions 0.00% · other public 1.93%
- To appoint a Director in place of Mr. Richard Francis Theknath (DIN: 01337478), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.86% · promoters 100.00% · institutions 0.00% · other public 1.93%
- To approve the increase in overall borrowing limit of the Company under section 180(1)(c) of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 51.86% · promoters 100.00% · institutions 0.00% · other public 1.93%
- To seek approval under Section 180(1)(a) of the Companies Act, 2013 for creation of mortgage or charge on the assets, properties or undertaking(s) of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 51.86% · promoters 100.00% · institutions 0.00% · other public 1.93%
- To approve the increase in the limit for making investment(s) and/or providing loan(s) and give guarantee(s) in excess of the limits prescribed under section 186 of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 51.86% · promoters 100.00% · institutions 0.00% · other public 1.93%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 28 May 2026, 2 resolutions
20,513 shareholders on the register on 24 Apr 2026; votes counted by Ms. Jigyasa Ved / M/s. Parikh & Associates, Practising Company Secretaries.The company's voting result
- Re-appointment of Mr. Richard Francis Theknath, (DIN: 01337478) as Managing Director and Chairman of the Company for a period of three years and fixing his RemunerationSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.75% · promoters 100.00% · institutions 0.00% · other public 1.71%
- Re-appointment of Mr. Dax Francis Theknath, (DIN: 01338030) as Whole-time Director of the Company for a period of three years and fixing his RemunerationSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.75% · promoters 100.00% · institutions 0.00% · other public 1.71%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 20 Feb 2026, 1 resolution
21,262 shareholders on the register on 13 Feb 2026; present: 6 promoters and 52 others; votes counted by Ms. Jigyasa Ved / M/s. Parikh & Associates, Practising Company Secretaries.The company's voting result
- ISSUANCE OF UPTO 4,04,57,750 WARRANTS CONVERTIBLE INTO EQUITY SHARES TO THE PERSONS BELONGING TO PROMOTER GROUP AND NON-PROMOTER CATEGORY ON PREFERENTIAL BASISSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 52.31% · promoters 100.00% · institutions 0.00% · other public 2.85%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2025, 11 resolutions
23,347 shareholders on the register on 18 Sep 2025; present: 7 promoters and 44 others; votes counted by Jigyasa N. Ved / PARIKH & ASSOCIATES.The company's voting result
To receive, consider and adopt the Audited Financial Statements of the Company on a Standalone basis, for the financial year ended 31st March, 2025 including Audited Balance Sheet as at 31st March, 2025 and the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date along with the Reports of the Directors’ and Auditors’ thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
- To appoint a Director in place of Mrs. Agnes Theknath (DIN: 06394750), who retires by rotation and being eligible, offers herself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
- Appointment of Statutory Auditor to fill casual vacancyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
- Appointment of Statutory Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
- To Appoint M/s Parikh & Associates as Secretarial Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
- approve the waiver for recovery of excess managerial remuneration paid to Mr. Richard Francis Theknath, Chairman & Managing Director during the financial year 2024-2025Special98.90% for1.10% against
Against: promoters 0.00% · institutions 0.00% · other public 85.39%
Turnout: all 51.57% · promoters 99.96% · institutions 0.00% · other public 1.35%
- To approve the waiver for recovery of excess managerial remuneration paid to Mr. Dax Francis Theknath, Executive Director during the financial year 2024-2025Ordinary98.90% for1.10% against
Against: promoters 0.00% · institutions 0.00% · other public 85.39%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
- To consider and approve the Revision in the remuneration terms of Mr. Richard Francis Theknath as Chairman and Managing Director of the CompanySpecial98.90% for1.10% against
Against: promoters 0.00% · institutions 0.00% · other public 85.39%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
- To consider and approve the Revision in the remuneration terms of Mr. Dax Francis Theknath as Executive Director of the CompanySpecial98.90% for1.10% against
Against: promoters 0.00% · institutions 0.00% · other public 85.28%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
- To consider and approve the alteration of the Object Clause in the Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 51.58% · promoters 100.00% · institutions 0.00% · other public 1.35%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 9 Nov 2024, 1 resolution
- Appointment of Ms. Jaya Ankur Singhania, (DIN:01990322) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.64%
Turnout: all 40.51% · promoters 79.47% · institutions 0.00% · other public 0.09%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 21 Sep 2024, 6 resolutions
Present: 4 promoters and 32 others.
To receive, consider and adopt the Audited Financial Statements of the Company on a Standalone basis, for the financial year ended 31st March, 2024 including Audited Balance Sheet as at 31st March, 2024 and the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date along with the Reports of the Directors’ and Auditors’ thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.35% · promoters 100.00% · institutions 0.00% · other public 0.88%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.35% · promoters 100.00% · institutions 0.00% · other public 0.88%
- To appoint a Director in place of Mr. Dax Theknath (DIN: 01338030), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.35% · promoters 100.00% · institutions 0.00% · other public 0.88%
- To consider and, if thought fit, to pass the following resolution as an Ordinary Resolution for appointment of Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.35% · promoters 100.00% · institutions 0.00% · other public 0.88%
- To Appoint Ms. Jaya Ankur Singhania, (DIN: 01990322) as an Independent DirectorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 51.35% · promoters 100.00% · institutions 0.00% · other public 0.88%
- Issue of upto 2,61,50,000 [Two Crore Sixty One Lakhs and Fifty Thousand] Warrants on Preferential Basis to Promoter and other entities Belonging to Non-Promoter categorySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 51.35% · promoters 100.00% · institutions 0.00% · other public 0.88%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 10 Aug 2023, 4 resolutions
Present: 7 promoters and 28 others.
To receive, consider and adopt the Audited Financial Statements of the Company on a Standalone basis, for the financial year ended 31st March, 2023 including Audited Balance Sheet as at 31st March, 2023 and the Statement of Profit & Loss and Cash Flow Statement for the year ended on that date along with the Reports of the Directors’ and Auditors’ thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 51.25% · promoters 100.00% · institutions 0.00% · other public 0.13%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.05%
Turnout: all 51.25% · promoters 100.00% · institutions 0.00% · other public 0.13%
- To appoint a Director in place of Mr. Richard Theknath (DIN: 01337478), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.18%
Turnout: all 51.25% · promoters 100.00% · institutions 0.00% · other public 0.13%
- Appointment of Mr. Ajay Madhusudan Gandeja, (DIN: 08663702) as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.11%
Turnout: all 51.25% · promoters 100.00% · institutions 0.00% · other public 0.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 15 Mar 2023, 1 resolution
- Increase in Authorized Share Capital of the Company and amend the Capital Clause in the Memorandum of Association of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 26.77%
Turnout: all 51.22% · promoters 100.00% · institutions 0.00% · other public 0.08%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesJun 2026 | 16.84 | – | – | No | There is no Deviation |