Jet Freight Logistics Limited — Important, 02-04-2025: Updates

BSE Limited has issued a warning letter to Jet Freight Logistics Limited regarding a compliance lapse related to the submission of a resignation letter for Mr. Sameer Mistry, the Executive Vice President – Technology and Business Excellence. The company failed to submit the resignation letter within the required seven-day window following Mr. Mistry's resignation, which took effect on June 5, 2024. The warning emphasizes the seriousness of this oversight and advises the company to implement corrective measures to avoid future occurrences. Jet Freight Logistics has acknowledged the warning and committed to improving compliance with regulatory requirements. This situation may invite closer scrutiny from regulators, warranting attention from investors regarding potential operational and governance risks.