{"id":5414,"date":"2024-12-10T13:14:48","date_gmt":"2024-12-10T07:44:48","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5414"},"modified":"2024-12-10T13:14:50","modified_gmt":"2024-12-10T07:44:50","slug":"tiger-logistics-approves-rs-400-crore-fundraising-plan-shares-see-strong-rally","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/tiger-logistics-approves-rs-400-crore-fundraising-plan-shares-see-strong-rally\/","title":{"rendered":"Tiger Logistics Approves Rs 400-Crore Fundraising Plan; Shares See Strong Rally"},"content":{"rendered":"\n<p>Shares of Tiger Logistics (India) Ltd gained significantly on December 10 after the company announced its board&#8217;s approval to raise up to Rs 400 crore via a preferential issue.<\/p>\n\n\n\n<p>The company intends to utilize the proceeds to support its growth initiatives,&#8221; the company said in a regulatory filing. Issue of funds by issuance of equity shares or convertible instruments or other approved securities in one or more tranches.<\/p>\n\n\n\n<p>Tiger Logistics is one of the major international logistic providers, specializing in domestic and international import-export cargo projects. The recent fundraising move indicates that the company is committed to expanding operations and boosting its market presence. This development has fanned investor optimism, reflected in today&#8217;s strong performance of the stock during the trading session.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/tiger-logistics-board-approves-plan-to-raise-up-to-rs-400-cr-shares-gain-12886567.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/tiger-logistics-board-approves-plan-to-raise-up-to-rs-400-cr-shares-gain-12886567.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Tiger Logistics (India) Ltd gained significantly on December 10 after the company announced its board&#8217;s approval to raise up to Rs 400 crore via a preferential issue. The company intends to utilize the proceeds to support its growth initiatives,&#8221; the company said in a regulatory filing. Issue of funds by issuance of equity [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[790],"class_list":["post-5414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-tiger-logistics"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5414"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5414\/revisions"}],"predecessor-version":[{"id":5416,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5414\/revisions\/5416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5415"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}