Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015.
TIGERLOGS · price
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Awaiting price reaction for this filing.
On April 16, 2025, officials from the Enforcement Directorate (ED) visited the office of Tiger Logistics (India) Limited and the residence of its Managing Director as part of an ongoing investigation into certain third-party entities and transactions. The company fully cooperated with the officials and provided all requested documents and clarifications. The visit concluded without identifying any material irregularities at either location. Importantly, no violations or contraventions have been alleged against the company, and the investigation pertains to third-party entities, not Tiger Logistics directly. The company has stated there is no material impact on its financial or operational activities and that business continues as usual.
No immediate financial or operational impact on the company as no irregularities were found and no violations were alleged. However, the stock may see short-term volatility or negative sentiment due to the association with an ED investigation, even though the company is only being probed in connection with third-party transactions.