Jet Freight Logistics - to buy 45% stake in NatWest Trade & Logistics Services – FZCO

Jet Freight Logistics Limited (JETFREIGHT.NS), a prominent player in the integrated freight and logistics sector, has announced its intention to acquire a 45% stake in NatWest Trade & Logistics Services – FZCO. This strategic move aims to enhance the company’s regional logistics capabilities and expand its footprint in international trade. The transaction is expected to strengthen Jet Freight’s service offerings, particularly in customs clearance, warehousing, and specialized cargo handling.

Currently trading at 17.50 INR with a decline of 1.63%, the company is led by Mr. Richard Francis Theknath, Chairman & MD, and Mr. Dax Francis Theknath, Executive Director, who together received a combined compensation of 22.04 million INR for the fiscal year ending 31 December 2025. With a workforce of 231 employees, Jet Freight provides a range of logistics solutions, including air and ocean freight, rail and surface transportation, and door-to-door delivery services.

The acquisition aligns with the company’s long-term strategy to diversify its operations and improve its competitive positioning in the logistics industry. Further details regarding the transaction, including financial terms and expected completion date, have not yet been disclosed.