Tiger Logistics shares touched a day high of ₹28 on Tuesday after the company resolved a foreign exchange compliance issue with the RBI.
The stock extended its recent rally following an exchange filing dated 17 August, where the company said it had received a compounding order from the Reserve Bank of India’s Foreign Exchange Department.
This order relates to a past non-compliance under the Foreign Exchange Management Act, specifically around a post-disinvestment valuation reporting requirement dating back to a 2004 RBI notification.
A compounding order is how the RBI settles an admitted violation of foreign exchange rules.
Instead of pursuing further action, the regulator allows the company to resolve the matter by paying a fixed monetary amount. In this case, Tiger Logistics settled the matter by paying ₹59,981.
The company confirmed that this payment closes the issue and that it has no material impact on the company’s operations or ongoing business activities. This isn’t the first the market has heard of this matter.
The company had originally flagged the issue to exchanges back on 4 February 2026, so Tuesday’s filing effectively closes a compliance matter that had been pending for a few months.
Tiger Logistics has had a rough year on the stock market overall. The stock is down more than 23% since the start of 2026, and it’s still a fair distance from its 52-week high of ₹56.69, touched back in September last year.
It also touched a 52-week low of ₹22.90 in March this year, so the stock remains well off its highs even with the recent bounce.
As of 15:26 pm on Tuesday, Tiger Logistics was trading at ₹27.95 on the NSE, up 3.21% from the previous close of ₹27.08.
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