Tiger Logistics Secures One-Year Import Logistics Mandate from Bank Note Paper Mill India Worth ₹2 Crore
Tiger Logistics (India) Limited has been awarded a one-year import logistics contract worth approximately ₹2 crore by Bank Note Paper Mill India Private Limited (BNPMIL), a Government of India enterprise, as disclosed on May 18, 2026 under Regulation 30 of SEBI (LODR) Regulations, 2015. The contract covers freight forwarding (air and sea), customs clearance, and inland transportation to BNPMIL's Mysuru Plant via Bangalore Airport, Chennai Seaport, and Bangalore ICD. Import shipments will originate from multiple countries across Europe, North America, and Asia. The contract involves no related party transactions and no promoter or group company interest in the awarding entity.

*this image is generated using AI for illustrative purposes only.
Tiger Logistics (India) Limited has secured a one-year import logistics contract valued at approximately ₹2 crore from Bank Note Paper Mill India Private Limited (BNPMIL), a Government of India enterprise. The development was disclosed by the company on May 18, 2026, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The contract is classified as an international logistics mandate awarded by a domestic entity and does not involve any related party transactions or promoter group interest.
Contract Scope and Operational Details
Under the mandate, Tiger Logistics will manage freight forwarding (air and sea), customs clearance, and inland transportation operations for BNPMIL's import shipments. The consignments will arrive through Bangalore Airport, Chennai Seaport, and Bangalore ICD, and will be transported onward to BNPMIL's Mysuru Plant. The following table summarises the key parameters of the contract as disclosed:
| Parameter: | Details |
|---|---|
| Awarding Entity: | Bank Note Paper Mill India Private Limited |
| Nature of Contract: | Freight forwarding (air and sea), customs clearance, and inland transportation |
| Awarded By: | Domestic entity |
| Contract Type: | International |
| Contract Duration: | One Year |
| Contract Value: | ₹2,00,00,000 |
| Related Party Transaction: | No |
| Promoter/Group Interest: | No |
International Origins of Import Shipments
The import shipments to be handled under this contract will originate from a wide range of international locations. The countries of origin include:
- Germany, France, Denmark, Switzerland, the Czech Republic, the Netherlands, Austria, Finland, and Italy (Europe)
- The United States and Canada (North America)
- Singapore and Thailand (Asia)
This multi-origin scope underscores the operational complexity involved in managing BNPMIL's international supply chain requirements.
Management Commentary
Commenting on the development, Mr. Harpreet Singh Malhotra, CMD of Tiger Logistics (India) Limited, stated, "The renewal of this contract reflects the trust placed in our operational capabilities and execution standards. Managing complex import movements across multiple global origins requires precision, reliability, and strong compliance processes, and we are pleased to support BNPMIL's international logistics requirements. We remain committed to creating sustained value for our stakeholders through consistent execution and long-term client partnerships."
About Tiger Logistics (India) Limited
Tiger Logistics India Limited is a listed international logistics company and solutions provider covering freight forwarding (air and ocean), defence and project logistics, transportation, and customs clearance. The company launched its proprietary freight booking and management platform, FreightJar, in 2023 to provide SMEs and MSMEs with access to competitive freight rates and a seamless freight booking and management experience. Founded in 2000, the company has over 25 years of experience serving sectors including automotive, renewable energy, engineering goods, yarns and textiles, pharmaceutical, consumer durables, commodities, building materials, defence and aerospace, and FMCG, among others.
Historical Stock Returns for Tiger Logistics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -8.33% | +6.89% | -11.98% | -32.08% | -32.08% |
Could this BNPMIL contract serve as a reference win to help Tiger Logistics secure additional government enterprise logistics mandates, and which public sector units might be the next targets?
How might Tiger Logistics leverage its FreightJar platform to streamline multi-origin shipment management for BNPMIL, and could this use case accelerate broader platform adoption among government clients?
Given the contract's one-year duration, what operational benchmarks or KPIs would Tiger Logistics need to meet to improve its chances of renewal or contract value expansion?






























