Jet Freight Logistics : Appointment

Jet Freight Logistics Limited

	An NSE & BSE Listed Company
	ISO 9001:2015 Certified
	CIN: L63090 MH 2006 PLC 161114
	IATA No.: 14/3-4781
	www.jfll.com
JFLL/CS/SE/2022-2023/33	Date: 07.11.2022
To,
Listing Department,	Listing Operations Department,
National Stock Exchange of India Limited,	BSE Limited,
Exchange Plaza, Bandra Kurla Complex,	P.J. Towers, Dalal Street,
Bandra East, Mumbai-400051.	Mumbai - 400 001.
NSE Trading Symbol: JETFREIGHT	BSE Scrip Code: 543420
ISIN: INE982V01025

Subject: Outcome of the Meeting of Board of Directors of the company held on November 07, 2022.

Reference: Reg. 30 & 33 of SEBI (LODR) Regulations, 2015.

Dear Sir/ Madam,

With reference to the captioned subject matter, this is to inform you that a Meeting of Board of Directors of the company was held on Monday, November 07, 2022 at the Registered Office of the company at 01.45 pm discussed and approved the following: (outcome of the Meeting)

1. Unaudited Standalone & Consolidated Financial Results & Limited Review Report of the Company for the quarter & half-year ended September 30, 2022. (enclosed)
2. Appointment of Mr. Rushabh P Patil (DIN: 09779021) as an Additional Director in the category of Independent Director on the recommendation of the Nomination & Remuneration Committee.

Also please find enclosed a letter of confirmation for not being debarred from SEBI order given by Mr. Rushabh P Patil.

The details as required under SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, are given as under:

Sr.	Particulars	Details
No.
1.	Reason for change	Appointment
2.	Date of appointment & term	with effect from November 07, 2022 for a period
	of appointment	of five years.

REGD. OFFICE: C-706, Pramukh Plaza, Cardinal Gracious Road, Opp. Holy Family Church, Chakala,

Andheri East, Mumbai - 400 099. Tel.: [phone]

Hotline No : 9614926926 Email : [e-mail] Website : www.jfll.com

BRANCHES: Mumbai | Delhi | Bengaluru | Chennai | Hyderabad | Kolkata | Cochin | Ahmedabad | Thiruvananthapuram |

Calicut | Lucknow | A WOS in Dubai & Netherland

Jet Freight Logistics Limited

An NSE & BSE Listed Company

ISO 9001:2015 Certified

CIN: L63090 MH 2006 PLC 161114

IATA No.: 14/3-4781

www.jfll.com

3. Brief profile

In the year 2016, Mr. Rushabh Patil graduated as a Bachelor's in Arts with Majors in Economics & Commerce, from Mumbai University.

Thereafter in the year 2019, he completed his Bachelor of Law from Mumbai University. He got enrolled as a member of Bar association of India on 30th March 2021.

In the year 2016, Mr. Patil started working in his family business engaged in manufacturing & supplying cattle feed additives & veterinary medicines. One of the key achievements under his leadership was when, their business got registered as partner vendors for GCMMF's (Amul) dairies as supplier for the additives.

He has also worked with Agri startup company BVG Life Sciences Ltd from the year 2019-2021 where he was responsible for marketing & also assisted in getting government contracts. He is very well connected in the field of Agriculture & has worked closely with the FPO's of Maharashtra & Gujarat.

4. Disclosure of relationships Mr. Rushabh P Patil does not have any

between directors	relationship with the other Directors of the
	Company.

REGD. OFFICE: C-706, Pramukh Plaza, Cardinal Gracious Road, Opp. Holy Family Church, Chakala,

Andheri East, Mumbai - 400 099. Tel.: [phone]

Hotline No : 9614926926 Email : [e-mail] Website : www.jfll.com

BRANCHES: Mumbai | Delhi | Bengaluru | Chennai | Hyderabad | Kolkata | Cochin | Ahmedabad | Thiruvananthapuram |

Calicut | Lucknow | A WOS in Dubai & Netherland

Jet Freight Logistics Limited

An NSE & BSE Listed Company

ISO 9001:2015 Certified

CIN: L63090 MH 2006 PLC 161114

IATA No.: 14/3-4781

www.jfll.com

The Board Meeting concluded at 02:45 pm

Kindly take it on your records.

Thanks & Regards,

For Jet Freight Logistics Limited,

Richard Francis Theknath

Chairman & Managing Director

REGD. OFFICE: C-706, Pramukh Plaza, Cardinal Gracious Road, Opp. Holy Family Church, Chakala,

Andheri East, Mumbai - 400 099. Tel.: [phone]

Hotline No : 9614926926 Email : [e-mail] Website : www.jfll.com

BRANCHES: Mumbai | Delhi | Bengaluru | Chennai | Hyderabad | Kolkata | Cochin | Ahmedabad | Thiruvananthapuram |

Calicut | Lucknow | A WOS in Dubai & Netherland

Independent Auditor's Review Report on Standalone unaudited quarterly and year-to-date

financial results of the Company Pursuant to Regulation 33 of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015.

Review report to,

The Board of Directors,

Jet Freight Logistics Limited.

We have reviewed the accompanying statement of unaudited financial results of Jet Freight Logistics Limited for the quarter ended September 30, 2022, and for the year-to-date period from April 1, 2022 to September 30, 2022. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review.

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to the attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Indian Accounting Standards and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

Our conclusion on the Statement is not modified in respect of the above matter.

For S C Mehra & Associates LLP

Chartered Accountants

FRN 106156W

SURESH CHHAGANLA L MEHRA

Digitally signed by

SURESH CHHAGANLAL MEHRA

Date: 2022.11.07 14:20:11 +05'30'

CA S C Mehra

Partner

M No: 039730

UDIN: 22039730BCITOH4688

Place: Mumbai

Date: 07-11-2022

Independent Auditor's Review Report on Consolidated unaudited quarterly and year-to-

date financial results of the Company Pursuant to Regulation 33 of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015.

To,

The Board of Directors,

Jet Freight Logistics Limited.

1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of Jet Freight Logistics Ltd. ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), and its share of the net profit/(loss) after tax and total comprehensive income/loss of its associates and joint venturesfor the quarter ended September 30, 2022, and for the year-to-date period from April 1, 2022 to September 30, 2022 ("the Statement"), is submitted by the Parent pursuant to the requirement of
   Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review
   Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of
   India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
   We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.
4. The Statement includes the results of the following entities:

Jet Freight Logistics FZCO

Jet Freight Express Private Limited

Jet Freight Logistics BV