The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shyam Lakhani
TIPSMUSIC · price
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Shyam Lakhani, a promoter of Tips Music Ltd, has sold 25,000 equity shares (0.02% of total equity) to Krsna Girish Taurani, who is also part of the promoter group. The sale happened on September 1, 2025, through an open market inter se transfer (between promoter family members). After the sale, Shyam Lakhani's personal holding dropped from 108,174 shares (0.08%) to 83,174 shares (0.07%), while Krsna Girish Taurani's holding rose from zero to 25,000 shares (0.02%). The total promoter group holding remains unchanged at 82,009,554 shares, representing 64.15% of the company's equity.
This is a minor internal reshuffling within the promoter family — total promoter ownership and voting control remain exactly the same at 64.15%. Retail investors should not read this as any change in promoter stake or sentiment; it is purely a bookkeeping transfer between two promoter-group members with no effect on the company's ownership structure.