Tiger Logistics Announces Stock Split | Check Record Date and Other Details

Tiger Logistics (India) is a global logistics player with expertise in handling the domestic and international import and export of cargo projects.

Share Market News: Tiger Logistics India announced the splitting of its shares in the ratio of 1:10 on Saturday. The move comes to increase public participation in the company’s shareholding. According to the company, the splitting of its shares will increase the liquidity of stock so that small shareholders/investors can also buy its shares.

It has fixed Mach 4 as the record date to subdivide each share having a face value of Rs 10 into 10 shares, the logistics player said in an exchange filing. The revised face value of each share would be Re 1, the company said.

Tiger Logistics (India) is a global logistics player with expertise in handling the domestic and international import and export of cargo projects.