Tiger Logistics Board Approves Plan to Raise Up to ₹400 Crore; Shares Surge

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Tiger Logistics (India) Limited has announced its board's approval to raise up to ₹400 crore, propelling its shares higher during Thursday's trading session. The company, a leading player in end-to-end logistics solutions, aims to bolster its growth initiatives and enhance its operational capabilities with this fundraising move.



The funds are expected to be raised through a combination of equity, debt, or other financial instruments, subject to regulatory approvals. This strategic decision reflects Tiger Logistics' commitment to expanding its market presence and meeting the rising demand for logistics services.

Following the announcement, Tiger Logistics shares gained significant traction on the stock market, reflecting investor confidence in the company’s growth strategy. Analysts view this development as a pivotal step in strengthening the company’s financial base and advancing its operational goals.

Investors and stakeholders are keenly watching for further details regarding the fundraising mechanisms and the areas where the capital will be allocated. Tiger Logistics continues to position itself as a key player in India's growing logistics sector, leveraging this capital infusion to drive sustainable growth.

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