Tiger Logistics (India) Limited has announced a postal ballot notice seeking shareholder approval for the re-appointment of its Chairman & Managing Director, Mr. Harpreet Singh Malhotra, for an additional five-year term. The company has engaged Bigshare Services Private Limited to facilitate the remote e-voting process for all eligible shareholders.

Re-appointment Details and Remuneration Structure

The postal ballot seeks approval for Mr. Harpreet Singh Malhotra's re-appointment as Chairman & Managing Director for a period of five years, commencing from 08 May 2026 and ending on 07 May 2031. The Board of Directors, based on recommendations from the Nomination and Remuneration Committee and Audit Committee, has proposed a revised remuneration structure.

The proposed remuneration represents a 10% increase from the current compensation and remains within the limits prescribed under Section 197 of the Companies Act, 2013. The Board has confirmed that the revised remuneration is well within the 5% limit applicable to a single Managing Director based on the company's net profits computed under Section 198.

E-voting Timeline and Process

The company has established a comprehensive timeline for the postal ballot process, with all voting to be conducted through electronic means only.

Shareholders whose names appear on the Register of Members or List of Beneficial Owners as on the cut-off date and have registered email addresses will be eligible to participate in the e-voting process. The company has appointed Mr. Manoj Kumar Jain, Practicing Company Secretary, as the Scrutinizer to conduct the postal ballot process.

Leadership Profile and Justification

Mr. Harpreet Singh Malhotra, aged 53 years, is the founder of Tiger Logistics and has been associated with the company since its establishment in 2000. He holds a Commerce degree from Delhi University and has completed a specialized professional course in Foreign Trade from IIIFT, New Delhi. Under his leadership, the company became the 9th logistics company to be listed in India through its IPO in 2013.

The Nomination and Remuneration Committee has recommended the re-appointment based on his continued contribution, leadership experience, and strategic direction provided to the company. His extensive experience of more than 25 years in the logistics sector and recognition at national and international levels for contributions to the logistics industry support the re-appointment proposal.

Compliance and Regulatory Framework

The postal ballot notice has been issued in compliance with Section 110 read with Section 108 of the Companies Act, 2013, and Rules 22 and 20 of the Companies (Management and Administration) Rules, 2014. The process also adheres to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and various MCA and SEBI circulars.

The resolution requires approval as a Special Resolution, and if passed by the requisite majority, it will be deemed to have been passed on the last date of e-voting. The voting results along with the Scrutinizer's report will be published on the company's website and communicated to the stock exchanges where the company's shares are listed.

Source: None/Company/INE906O01029/2715e1f1-b72f-4fbc-bb15-a24228f49eab.pdf

Tiger Logistics (India) Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025, and has now scheduled an earnings conference call to discuss these results with investors and analysts. The Board of Directors convened on February 12, 2026, to approve the quarterly results and key leadership decisions that will shape the company's future direction.

Q3FY26 Financial Performance Overview

The logistics company's financial performance for Q3FY26 shows mixed results compared to the previous year. Revenue from operations declined to ₹13,902.45 lakhs in Q3FY26 from ₹16,046.64 lakhs in Q3FY25, representing a decrease in quarterly revenue.

Operational Expenses and Profitability

The company's total expenses for Q3FY26 amounted to ₹13,316.60 lakhs, compared to ₹15,184.80 lakhs in the corresponding quarter of the previous year. Operating expenses constituted the largest component at ₹12,288.86 lakhs, while employee benefits expenses increased to ₹573.76 lakhs from ₹465.83 lakhs in Q3FY25. Finance costs rose significantly to ₹147.16 lakhs from ₹95.27 lakhs in the previous year's quarter.

Earnings Conference Call Scheduled

Pursuant to Regulation 30 of the SEBI Listing Regulations, Tiger Logistics has announced an earnings conference call scheduled for February 20, 2026, at 4:00 PM IST. The call will discuss the unaudited financial results for the quarter and nine-month period ended December 31, 2025. The management team, led by Chairman & Managing Director Mr. Harpreet Singh Malhotra, will provide insights into the company's financial performance and address investor queries.

Leadership Continuity and Governance

The Board approved the re-appointment of Mr. Harpreet Singh Malhotra as Chairman & Managing Director for a five-year term effective from May 8, 2026, to May 7, 2031. This appointment is subject to shareholder approval through a postal ballot process. Mr. Malhotra, the company's founder with over 25 years of experience, has led Tiger Logistics since its establishment in 2000 and guided the company through its IPO in 2013.

Regulatory Compliance and Investor Resources

The financial results have been prepared in accordance with Indian Accounting Standard 34 for Interim Financial Reporting and comply with SEBI Listing Regulations. The results underwent limited review by statutory auditors Garg Agrawal & Agrawal, who provided an unqualified review report. Press releases and investor presentations are available on the company's website under the Investor Relations page. The Audit Committee reviewed and recommended the results before Board approval, ensuring adherence to corporate governance standards.