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Neutral impactCorporate Action

Jet Freight Logistics Limited — Allotment of Securities

NSE 1 hr ago·28 Sept 2026, 10:50 am

Jet Freight Logistics

Jet Freight Logistics Limited has informed the stock exchange that it has allotted 45,19,663 fully paid-up equity shares. This allotment occurred as a result of the conversion of convertible warrants. These warrants were issued under a previous corporate action and were converted following a circular resolution passed by the company's board on September 25, 2026.

This development is significant because it increases the company's total paid-up share capital. For investors, this means the company's existing shareholders will have their ownership percentage diluted. The shares are now tradable in the market, which could impact the stock's liquidity and price movement. The company has already filed the necessary documents with the stock exchange to reflect this change in its shareholding pattern.