Tiger Logistics Secures One-Year Import Logistics Mandate from Bank Note Paper Mill India Worth ₹2 Crore

2 min read     Updated on 18 May 2026, 02:28 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
40640290

*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 Day5 Days1 Month6 Months1 Year5 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?

Tiger Logistics India Limited Files SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 11 Apr 2026, 01:28 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Tiger Logistics India Limited filed its SEBI compliance certificate for Q4FY26 on 10th April 2026, covering the quarter ended 31st March 2026. The certificate, issued by Bigshare Services Private Limited, confirms non-applicability of Regulation 74(5) as all company shares remain in demat form with no rematerialization or dematerialization requests received during the quarter.

powered bylight_fuzz_icon
37396705

*this image is generated using AI for illustrative purposes only.

Tiger Logistics India Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended 31st March 2026. The submission was made on 10th April 2026 to both BSE Limited and National Stock Exchange of India Limited, fulfilling regulatory requirements under SEBI guidelines.

Compliance Certificate Details

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which replaced the erstwhile Regulation 54 of SEBI (Depository and Participant) Regulations, 1996. Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, prepared and issued the compliance certificate on 4th April 2026.

Parameter: Details
Quarter Ended: 31st March 2026
Certificate Date: 4th April 2026
Filing Date: 10th April 2026
Registrar: Bigshare Services Private Limited

Non-Applicability Status

Bigshare Services confirmed that Regulation 74(5) is not applicable to Tiger Logistics India Limited for the quarter ended 31st March 2026. The non-applicability stems from two key factors:

  • The entire shareholding of the company is maintained in dematerialized (demat) form
  • No requests were received from shareholders for rematerialization or dematerialization during the quarter

Regulatory Framework

The SEBI (Depositories and Participants) Regulations, 2018 require companies to file quarterly compliance certificates through their registrar and transfer agents. This regulation ensures proper monitoring of share transfers and maintains transparency in the depository system. The certificate serves as a confirmation that the company has complied with all applicable provisions related to share transfers and depository operations.

Company Authorization

Vishal Saurav, Company Secretary and Compliance Officer of Tiger Logistics India Limited, digitally signed and submitted the certificate to both stock exchanges. The submission was made from the company's registered office located at D-174, Ground Floor, Okhla Industrial Area, Phase-1, New Delhi. The company requested the exchanges to acknowledge receipt and maintain the information in their records.

Historical Stock Returns for Tiger Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-8.33%+6.89%-11.98%-32.08%-32.08%

Will Tiger Logistics maintain its 100% dematerialized shareholding structure as it scales operations in 2026?

How might SEBI's evolving depository regulations impact Tiger Logistics' compliance costs in upcoming quarters?

What strategic initiatives is Tiger Logistics planning that could attract new institutional investors requiring share transfers?

More News on Tiger Logistics

1 Year Returns:-32.08%