Announced Fri, 4 Sept, 2026 · 13:24 IST
Tips Music buyback approved, up to INR 44.5 crores at max INR 750 per share
TIPSMUSIC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹647.50
prior close
₹651.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.0-0.0-0.1-0.7-0.7+0.5+1.9+2.0+1.0+0.9-1.5——
Up moveDown movePending
AI summary
Tips Music shareholders approved a buyback from the open market via BSE and NSE. Max price is INR 750 per share, total size up to INR 44.5 crores (about 14.87 percent of free reserves), targeting around 0.46 percent of paid-up capital. Premium is around 9 to 10 percent over recent market prices. Promoters will not participate; their shares are frozen. Buyback opens September 9, 2026.
Likely market impact
Positive for shareholders; reduces share supply. Promoters excluded. Buyback to complete within 66 working days.