Tips Music Limited has scheduled an analyst and institutional investor call for Thursday, October 15, 2026, at 4:30 pm IST. The session will cover the company's unaudited financial results for the quarter and half year ended September 30, 2026.

Call participants and agenda

The conference call will feature senior leadership discussing operational and financial performance. Attendees will include Kumar S Taurani, Chairman and Managing Director; Girish Taurani, Executive Director; and Sushant Dalmia, Chief Financial Officer.

The company filed the intimation with BSE and NSE on October 12, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Access details

Investors can access the call via primary numbers or international toll-free lines. Pre-registration is required for participation.

For RSVP and queries, investors may contact MUFG Intime India Pvt Ltd representatives Nikunj Jain or Ayushi Gupta.

Tips Music has formally concluded its open market share buyback program, deploying ₹44.44 crore, which represents 99.86% of the maximum buyback size of ₹44.50 crore. The company bought back a total of 6,71,946 equity shares at an average price of ₹661.30 per share.

The buyback closed on September 30, 2026, prior to the expiry of the 66-working-day window. The Buyback Committee approved the closure effective from the close of trading hours on that date, citing efficient execution and strong demand. The Post Buyback Public Announcement was published in Financial Express, Jansatta, and Mumbai Laksahdeep newspapers on October 1, 2026, in compliance with SEBI regulations.

Buyback Execution Details

The price at which the equity shares were bought back varied based on market conditions during the period. The highest price paid was ₹674.00 per share, while the lowest was ₹646.00 per share. These figures exclude transaction costs such as brokerage, taxes, and advisory fees.

Share Capital Reconciliation

The reconciliation of share capital reflects the impact of the buyback completion. As of September 23, 2026, the paid-up equity share capital stood at 12,75,06,890 shares following the extinguishment of 3,24,700 shares.

The company is in the process of extinguishing the balance 3,47,246 equity shares out of the aggregate 6,71,946 shares bought back. The post-buyback shareholding pattern assumes the extinguishment of all bought-back shares within 7 working days from the end of the buyback period, i.e., on or before October 12, 2026.

Post-Buyback Shareholding Pattern

The completion of the buyback has resulted in a marginal increase in promoter holding percentage due to the reduction in total outstanding shares.

Note: Post-Buyback figures assume extinguishment of all bought-back shares.

Final Day Activity (September 30)

On the final day of the buyback, Tips Music purchased 36,114 shares at an average price of ₹655.14. ITI Securities Broking Limited executed all purchases, acquiring 2,000 shares on BSE and 34,114 shares on NSE. No shares were closed out or traded on MSEI for the day.

The cumulative quantity bought back as on September 30, 2026, stands at 6,71,946 shares.

Fifteenth Day Activity (September 29)

The buyback volume remained consistent with recent high-volume days. The details of the transactions are as follows:

The cumulative quantity bought back as on September 29, 2026, stood at 6,35,832 shares. There were no closed-out positions reported for the day.

Fourteenth Day Activity (September 25)

The buyback volume decreased compared to the previous day’s activity of 63,000 shares. The details of the transactions are as follows:

The cumulative quantity bought back as on September 25, 2026, stood at 5,09,832 shares. There were no closed-out positions reported for the day.

Thirteenth Day Activity (September 24)

The buyback volume increased compared to the previous day’s activity. The details of the transactions are as follows:

The cumulative quantity bought back as on September 24, 2026, stands at 4,50,013 shares. There were no closed-out positions reported for the day.

Twelfth Day Activity (September 23)

The buyback volume increased compared to the previous day’s activity. The details of the transactions are as follows:

The cumulative quantity bought back as on September 23, 2026, stands at 3,87,013 shares. There were no closed-out positions reported for the day.

Tenth Day Activity (September 21)

The buyback volume decreased significantly on the tenth day compared to the previous day’s 63,000 shares. The details of the transactions are as follows:

The cumulative quantity bought back as on September 21, 2026, stands at 3,37,116 shares. There were no closed-out positions reported for the day.

Ninth Day Activity (September 18)

The buyback volume remained consistent on the seventh day, slightly lower than the previous day’s 64,000 shares. The details of the transactions are as follows:

The cumulative quantity bought back as on September 18, 2026, stands at 3,24,700 shares. There were no closed-out positions reported for the day.

Sixth Day Activity (September 17)

The buyback volume remained steady on the sixth day, slightly higher than the previous day’s 62,000 shares. The details of the transactions are as follows:

The cumulative quantity bought back as on September 17, 2026, stands at 2,61,700 shares. There were no closed-out positions reported for the day.

Fifth Day Activity (September 16)

The buyback volume increased significantly on the fifth day compared to the previous reporting period’s cumulative total. The details of the transactions are as follows:

The cumulative quantity bought back as on September 16, 2026, stood at 1,97,700 shares. There were no closed-out positions reported for the day.

Third Day Activity (September 11)

The buyback volume remained robust on the third day, slightly higher than the previous day’s 38,069 shares. On September 11, the company purchased 39,143 shares at an average price of ₹660.20.

The cumulative quantity bought back as on September 11, 2026, stood at 77,700 shares. There were no closed-out positions reported for the day.

Second Day Activity (September 10)

The buyback volume accelerated significantly on the second day compared to the opening day’s 488 shares. On September 10, the company purchased 38,069 shares at an average price of ₹651.79.

Opening Day Activity (September 9)

The initial buyback volume on September 9 represented a small fraction of the total offer size. On that day, the company acquired 488 shares at an average price of ₹649.00.

Buyback Context and Timeline

Tips Music issued a corrigendum to its public announcement on September 9, 2026, to clarify the final deadline for the buyback of equity shares worth up to ₹44.50 crore. The correction relates to the proposed timetable published in Financial Express, Jansatta, and Mumbai Laksahdeep newspapers.

The corrigendum specifies that the last date for completing the buyback is the earlier of:

• December 16, 2026, marking 66 working days from the opening date of September 9, 2026.
• The date when the company completes the buyback by deploying the amount equivalent to the maximum buyback size.
• An earlier date determined by the Board, provided the minimum buyback size has been deployed.

All payment obligations must be completed before this last date. Except for this timeline clarification, all other information and terms disclosed in the original public announcement dated September 3, 2026, remain unchanged.

Offer Structure

The offer remained open for a maximum period of 66 working days, concluding by late November 2026 unless closed earlier after meeting the minimum size requirement. Key parameters included:

• Maximum Buyback Size: ₹44.50 crore (excluding transaction costs)
• Minimum Buyback Size: ₹33.38 crore (75% of maximum size)
• Maximum Buyback Price: ₹750 per share
• Indicative Maximum Shares: 5,93,333 shares (approx. 0.46% of paid-up capital)
• Indicative Minimum Shares: 4,45,000 shares

The company was required to utilize at least 40% of the maximum buyback size (₹17.80 crore) within the first half of the 66-day window. Promoters, promoter group members, and persons in control were ineligible to participate.

Shareholder Approval

Shareholders approved the buyback via a special resolution at the AGM. The consolidated voting results, disclosed on September 2, 2026, showed overwhelming support for the proposal.

Promoters voted unanimously in favor of the buyback resolution. Institutional investors showed slightly higher dissent compared to other resolutions, with 3.08% of institutional votes cast against the buyback.

Pricing Basis

The maximum buyback price of ₹750 reflected a premium over recent market prices:

• 9.50% premium over the closing price on BSE as of July 29, 2026.
• 8.01% premium over the volume-weighted average price on BSE during the two weeks preceding the board meeting intimation.

The company confirmed it has no outstanding borrowing facilities or debt. Post-buyback, the ratio of secured and unsecured debts to paid-up share capital and free reserves will remain well within regulatory limits.