Tiger Logistics (India) Ltd — Important, 04-09-2026: Company Update

The company has announced a board meeting to approve the financial results for the quarter and half-year. The Board will also consider a proposal to raise funds up to Rs. 450 Crore. This fundraise aims to support the company's business operations, capital expenditure, and other general corporate purposes. It is proposed through various instruments like convertible warrants, debentures, or equity shares, utilizing methods such as preferential issue, rights issue, or Qualified Institutions Placement. The fundraise is subject to shareholder and other necessary approvals, marking a key step for future growth.