Jet Freight Logistics Appoints Daya & Associates as Internal Auditors, Amends Insider Trading Code
Jet Freight Logistics appointed M/s. Daya & Associates as Internal Auditors for Q4 FY25-26. The company also amended its Code of Practices and Procedures for Fair Disclosure of UPSI and several other key policies, including those related to Material Subsidiary, Materiality of Events, Related Party Transactions, and Risk Management.
The appointment of an internal auditor and amendments to internal policies are standard corporate governance practices and are unlikely to have a significant immediate impact on the company's financial performance or stock price.
The announcement details routine corporate actions such as auditor appointment and policy amendments, which are standard governance procedures and do not inherently carry a positive or negative financial implication.
Jet Freight Logistics Limited announced the outcome of its Board Meeting held on March 31, 2026. The Board, based on the recommendation of the Audit Committee, approved the appointment of M/s. Daya & Associates, Chartered Accountants, as the Internal Auditors of the Company for the Fourth Quarter of the Financial Year 2025-26.
The firm, established in 2013 and based in Mumbai, offers comprehensive services in audit and assurance, taxation, and regulatory compliance, with significant experience in bank audits and specialized services for RERA, ROC compliance, and advisory for trusts and Section 8 companies.
Additionally, the Board approved amendments to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, in line with SEBI (Prohibition of Insider Trading) Regulations, 2015. Amendments were also made to the Policy for determining the Material Subsidiary and its Governance, Policy for determining the Materiality of Events or Information, Policy on materiality of related party transactions and on dealing with related party transactions, and the Risk Management Policy. These updated policies have been uploaded to the company's website.
The Board Meeting commenced at 12:15 p.m. and concluded at 01:15 p.m.
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Jet Freight Logistics Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Jet Freight Logistics Limited. Read the original for the full detail.