GST Department conducts search and seizure at Tips Films offices

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TIPSFILMS · price

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

+1.1%Reaction day

₹380.00

prior close

₹371.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+2.5% vs market

Film Production Distribution & Exhibition peers, median of 5sector+0.4%+0.7% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 0.7 pts more 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

+0.6

10m

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15m

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30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1-1.4+2.5+0.4+0.7

Next day

-0.1-1.6+1.4-0.6+0.4

+5.3-1.4+6.7-2.3+7.6

+2.7-2.7+5.3-1.8+4.4

-4.8-2.5-2.3-1.5-3.3

-6.3-2.3-4.1-1.9-4.4

-7.6-5.4-2.2-3.7-3.9

15d

-11.9-10.5-1.4-9.9-1.9

-15.3-10.3-5.0-12.6-2.7

-0.5+1.6-2.1-10.8+10.3

-0.3+3.8-4.1-7.5+7.2

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

The GST Department, Mumbai, Maharashtra, initiated an inspection, search and seizure operation at the Registered Office and Corporate Office of Tips Films Limited on February 17, 2026. The operation is ongoing. The company is collating information and responding to queries from the GST Department, with officers fully cooperating. The company stated business operations continue as usual and will share material developments once the operation concludes.

Likely market impact

Could create short-term uncertainty and pressure on the stock; outcome of the GST probe may lead to additional tax liability or penalties if irregularities are found.