Tiger Logistics has secured a new import break bulk logistics mandate from Bharat Heavy Electricals Limited (BHEL) valued at approximately ₹4 crore. The project involves the movement of 13 over-dimensional cargo units, each weighing 89 MT, from Italy to India. This mandate reinforces the company's long-standing relationship with the public sector enterprise and highlights its capabilities in handling complex industrial project logistics.

The order was disclosed in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. The project is classified as an international contract involving ocean freight and handling charges. It is tentatively scheduled for execution over a period of six months. The company confirmed that the order does not involve any related party transactions and that the promoter group has no interest in the entity awarding the contract.

Project Details

The key parameters of the awarded mandate are outlined below:

Execution Track Record

As part of projects allocated by BHEL in the previous financial year, Tiger Logistics currently has several orders under execution. The company has already successfully delivered 28 machine components in accordance with project specifications and timelines. This track record underscores the operational efficiency and reliability required for high-value logistics assignments.

Service Capabilities

Tiger Logistics serves as a trusted logistics partner for BHEL across a wide range of specialized requirements. These services include customs clearance, warehousing, transportation, Full Container Load (FCL) and Less than Container Load (LCL) exports and imports, air freight, and over-dimensional cargo (ODC) movements. The company supports BHEL's complex supply chain needs through tailored solutions across multiple geographies.

Harpreet Singh Malhotra, Chairman & Managing Director of Tiger Logistics (India) Limited, emphasized the significance of the continued association with large public sector undertakings. He stated that industrial projects of this scale require meticulous planning, specialized handling capabilities, and seamless international coordination. The company remains committed to delivering efficient and reliable logistics solutions that contribute to nation-building.

Promoters and the promoter group of Tiger Logistics (India) Limited held 57.30% of the paid-up share capital as of March 31, 2026. The group collectively owned 6,05,75,885 shares and confirmed that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026. The disclosure was submitted to BSE Ltd. and National Stock Exchange of India Limited on April 7, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Shareholding Details

The filing confirms the stability of the promoter's holding structure throughout FY26. The declaration, made on behalf of the promoters and persons acting in concert, explicitly states that there were no encumbrances created on the shares during the period under review.

Regulatory Compliance

The disclosure was addressed to the Audit Committee of Tiger Logistics (India) Limited and copied to the Company Secretary. The submission includes the Permanent Account Number (PAN) details of the promoters and promoter group as per Annexure I. The document was signed by Harpreet Singh Malhotra, Managing Director, on behalf of the promoters and promoter group.