Jet Freight Logistics Limited — Credit Ratings, 12-05-2026: Credit Rating- Others

India Ratings (Ind-Ra) revised Jet Freight Logistics' Bank Loan Facilities rating to IND BB+/Negative and IND A4+. The outlook is Negative. The rating was migrated to 'Issuer Not Cooperating' due to continuous non-submission of No Default Statements and Ind-Ra's inability to verify debt servicing for INR 45 Crore bank facilities. This highlights potential governance concerns.