Tips Music purchased 12,416 equity shares on September 21, 2026, at an average price of ₹658.39, marking the tenth day of its open market share buyback. The cumulative quantity bought back has risen to 3,37,116 shares.

The daily report filed with BSE and NSE confirms that ITI Securities Broking Limited executed all purchases. The company acquired 0 shares on BSE and 12,416 shares on NSE. No shares were closed out or traded on MSEI.

Tenth Day Activity

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

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

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

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

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

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

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 remains 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 include:

• 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 is 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 are 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 reflects 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.

Tips Music Limited scheduled an in-person one-on-one meeting with analysts and institutional investors for September 24, 2026. The company notified the BSE and NSE of the engagement pursuant to SEBI Listing Regulations.

The interaction aims to provide market participants with updates on the company’s operations and strategy. Officials from Tips Music will conduct the sessions in person, as disclosed in the regulatory filing dated September 17, 2026.

Meeting Details

The company confirmed the schedule for the investor engagement through a formal intimation to the listing departments of both stock exchanges. The meeting is structured as individual interactions rather than a group conference call.

Tips Music noted that the date is subject to change due to exigencies on the part of the company, investors, analysts, or the host. The firm requested that the exchanges take the schedule on record.

Investor Presentation

Ahead of the meeting, Tips Music uploaded its latest investor presentation to the stock exchange websites and its corporate portal at www.tips.in . This document is available for information to members and the public at large, ensuring transparency regarding the data points likely to be discussed during the analyst interactions.