Jet Freight Logistics Limited convened its Board Meeting on Tuesday, March 31, 2026, to address key corporate governance and operational updates. During the session, which concluded at 01:15 p.m., the Board of Directors approved the appointment of M/s. Daya & Associates, Chartered Accountants, as the Internal Auditors for the fourth quarter of the 2025-26 financial year. This strategic appointment aims to bolster the company’s internal control frameworks as it navigates the closing of the current reporting cycle.

The board also prioritized regulatory transparency by approving significant amendments to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). These changes ensure stricter compliance with SEBI (Prohibition of Insider Trading) Regulations. Additionally, the company updated several core policies, including its Risk Management Policy and the Policy for determining Material Subsidiaries and their Governance. These revised frameworks are designed to strengthen the company’s risk oversight and streamline communication with its global wholly-owned subsidiaries in Dubai, the Netherlands, and the USA.

Founded in 2006, Jet Freight Logistics Limited has established itself as a leading air and sea freight forwarder with a widespread presence across major Indian cities including Mumbai, Delhi, Bengaluru, and Chennai. In recent 2025 updates, the company successfully migrated its listing to the NSE and BSE Main Boards, reflecting its growing market stature. During its 19th Annual General Meeting held in September 2025, the company also appointed Ms. Ajay Shobha & Co. as its Statutory Auditors for a five-year tenure. Furthermore, Jet Freight expanded its operational footprint in 2025 by acquiring a 51% stake in Vank Global Services Private Limited, enhancing its service capabilities in the logistics sector.

In the latest quarterly financial results announced for Q3 FY2025-26, the company reported a robust consolidated revenue of ₹113.95 Crores, representing a significant jump of 19.59% compared to the same period last year. However, net profits for the same quarter stood at ₹1.08 Crores, witnessing a decline of approximately 38.3% YoY. On a sequential basis, the company showed recovery with a 35.19% increase in revenue and a 24.14% growth in net profits from the preceding quarter. The shareholding pattern as of December 2025 indicates that the promoter group, led by Chairman and Managing Director Richard Francis Theknath, continues to hold a stable 50.92% stake in the company.