Jet Freight Logistics Limited, at its Board meeting held on April 27, 2026, has approved the re-appointment of its top leadership team for a three-year term. The Board approved the re-appointment of Mr. Richard Francis Theknath as the Managing Director and Chairman, effective from June 20, 2026. Simultaneously, Mr. Dax Francis Theknath was re-appointed as the Whole-time Director of the company for the same period. These leadership decisions are subject to the approval of the company’s shareholders through a Postal Ballot.

The re-appointments aim to maintain continuity in the company’s strategic direction. Mr. Richard Francis Theknath brings over 30 years of experience in logistics and supply chain management, having led the company to receive numerous industry recognitions from major airlines. Mr. Dax Francis Theknath possesses over 20 years of expertise in clearing, freight forwarding, and operational excellence. He also holds a Commercial Pilot License from the U.S. Federal Aviation Administration, underscoring his deep-rooted interest in the aviation sector. Both directors are not debarred from holding office by any SEBI order or authority.

Jet Freight Logistics Limited is a prominent integrated logistics provider specializing in air and ocean freight forwarding, custom clearance, and warehousing. The company is particularly recognized for its expertise in handling perishable cargo and time-sensitive shipments across more than 150 countries. In early 2026, the company actively updated its “Code of Fair Disclosure” for unpublished price-sensitive information, effective from April 1, 2026, reflecting its commitment to regulatory transparency. Additionally, in April 2026, the company confirmed its status as a non-large corporate entity regarding debt security borrowing frameworks.

In its most recent financial results for the quarter ended December 2025, the company reported total revenue of ₹113.20 crore, representing a growth of 19.83% compared to ₹94.47 crore in the corresponding quarter of 2024. However, net profit for the same period declined by 38.29%, falling to ₹1.08 crore from ₹1.75 crore in the previous year’s corresponding quarter. On a quarter-on-quarter basis, revenue increased by 35.11% from ₹83.78 crore in the September 2025 quarter. The promoter group, led by the Theknath family, remains the primary controlling block, with Richard Francis Theknath and Dax Francis Theknath serving as key promoter-directors. While the company is consistently profitable, analysts have noted a low interest coverage ratio and a recent 52-week high reached in April 2026.