Tips Music has rewarded shareholders with a substantial interim dividend announcement alongside strong quarterly financial results for the period ending December 31, 2025. The entertainment company, founded by the Taurani brothers Kumar and Ramesh, continues to demonstrate robust financial performance in the Indian entertainment sector.

Dividend Declaration Details

The Board of Directors has declared the third interim dividend for FY26, offering shareholders significant returns on their investment.

Shareholders must hold the stock before the record date of January 23, 2026, to be eligible for this interim dividend payment.

Q3 FY26 Financial Performance

Tips Music delivered impressive financial results for the quarter ending December 31, 2025, showcasing strong growth across key metrics.

The company's operating EBITDA margin expansion from 71.6% to 79% demonstrates improved operational efficiency and cost management during the quarter.

Nine-Month Performance Overview

For the nine-month period ending December 31, 2025, Tips Music maintained consistent growth momentum across revenue and profitability metrics.

The sustained growth in both revenue and profitability over the nine-month period reflects the company's strong market position in the entertainment industry.

Market Analysis Perspective

According to A R Ramachandran, part-time SEBI-registered Research Analyst at Tips2trades, the stock faces technical challenges with strong resistance at ₹537 on daily charts. The analysis suggests that a daily close below the support level of ₹510 could lead to a target of ₹483 in the near term, indicating a bearish outlook from a technical standpoint.

VIP Industries Limited has announced the sale of its non-core land asset in Nashik for ₹24.28 crores, as disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The transaction involves the disposal of a strategic asset to streamline the company's portfolio and optimize its asset base.

Transaction Details

The company has entered into a binding agreement with DGP Realty Nashik Private Limited for the sale of its Nashik land asset. The key parameters of this transaction are outlined below:

Related Party Transaction Structure

The transaction involves entities within the promoter group structure. DGP Realty Nashik Private Limited is a wholly owned subsidiary of DGP Securities Limited, which forms part of the promoter group of VIP Industries. Despite this relationship, the company has clarified that the transaction does not qualify as a material related party transaction under SEBI Listing Regulations or the company's Policy on Related Party Transactions.

Regulatory Compliance and Pricing

The sale has been structured in compliance with regulatory requirements and conducted at arm's length pricing. Key compliance aspects include:

• Transaction carried out at arm's length pricing
• Full disclosure under Regulation 30(4) of SEBI Listing Regulations
• Compliance with company's Policy on Disclosure of Material Events
• Adherence to prescribed format under Schedule III of Listing Regulations

Strategic Rationale

The disposal of this non-core asset aligns with the company's strategy to focus on its primary business operations while optimizing its asset portfolio. The Nashik land, being classified as a non-core asset, represents an opportunity for the company to unlock value from underutilized real estate holdings.

Corporate Governance Framework

The transaction demonstrates VIP Industries' commitment to maintaining transparent corporate governance practices. The company has provided comprehensive disclosure details as required under SEBI regulations, ensuring all stakeholders have access to material information about the asset sale. The arm's length nature of the transaction, despite the related party involvement, underscores the company's adherence to fair dealing practices.