CFO Change at Tips Films, New CFO Appointed

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

TIPSFILMS · price

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Price reactionminutes from the announcement price · days from the prior close

-4.9%Reaction day

₹362.00

prior close

₹351.75

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-5.0% vs market

Film Production Distribution & Exhibition peers, median of 5sector-0.2%-4.7% vs sector

On the reaction day the stock moved 5.0 pts less than Nifty Microcap 250 and 4.7 pts less than its Film Production Distribution & Exhibition peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

-0.2

15m

-0.4

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.9+0.1-5.0-0.2-4.7

Next day

-4.7+0.2-4.9-1.5-3.2

-8.0+0.6-8.6-1.9-6.1

-1.7-0.0-1.6-3.0+1.3

-1.6+0.5-2.1+1.1-2.8

-2.5+0.8-3.2-0.7-1.8

-4.9+0.6-5.5-2.3-2.6

15d

-8.7+1.3-10.0+1.9-10.6

-12.4-1.4-11.1-1.1-11.3

-13.6-0.6-13.1-2.3-11.3

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UpDownMarket · Nifty Microcap 250Sector · Film Production Distribution & Exhibition peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tips Films announced CFO change effective September 2026. Mr. Haresh Sedhani resigned as CFO citing personal reasons, effective Sept 22. Mr. Saurabh Rathi, a Chartered Accountant with 14 plus years in media finance, formerly at Disney, Star India, Fox, and Yash Raj Films, appointed as new CFO from Sept 23. Board also approved Q1 FY27 unaudited results showing net loss of about Rs 15.8 crore versus Rs 29.4 crore loss in Q1 FY26, with revenue sharply lower year on year.

Likely market impact

Succession looks orderly with a strong media finance profile incoming. However Q1 results continue to show heavy losses and steep revenue decline, which remains a concern for shareholders.