Tiger Logistics India Ltd board approves 10 for 1 Stock Split

The Board of Directors of Tiger Logistics India Ltd at its duly convened meeting held today i.e. Tuesday, 09th January, 2024 at the corporate office of the Company, have considered and approved the proposal of sub-division/split of company's 1 (one) Equity Share having a face value of Rs. 10/- each into 10 (Ten) Equity shares of the company having face value of Re. 1 each, subject to the approval of shareholders and such other approvals as may be required. In this regard, the record date for such sub-division/ split shall be announced in due course.

Consequent to the sub-division of the face value of the equity shares of the Company, the alteration of capital clause of Memorandum of Association of the Company, subject to the approval of shareholders of the Company.

Shares of Tiger Logistics (India) Ltd was last trading in BSE at Rs. 838.50 as compared to the previous close of Rs. 788.15. The total number of shares traded during the day was 124124 in over 1988 trades.

The stock hit an intraday high of Rs. 868.00 and intraday low of 800.10. The net turnover during the day was Rs. 102042155.00.

Source : Equity Bulls

Keywords

TigerLogisticsIndia INE906O01011 StockSplit SubDivision 10For1