Tips Music closes buyback, deployed 99.86% of INR 44.5 crore limit

Corporate Actions View source PDF Explain this filing

TIPSMUSIC · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-1.5%Reaction day

₹656.80

prior close

₹648.30

announcement price

After-mkt

timing

Nifty Microcap 250market-1.3%-0.2% vs market

Media & Entertainment peers, median of 12sector-1.6%+0.0% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and in line with its Media & Entertainment 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

-0.4

15m

+0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-1.3-0.2-1.6+0.0

Next day

-2.9-1.3-1.6-2.1-0.8

-0.4+0.0-0.4-0.8+0.4

-2.7-0.2-2.5-1.0-1.7

-5.8-3.0-2.8-5.0-0.8

-2.5-2.7+0.2-3.9+1.4

+7.7-1.7+9.4-3.4+11.1

15d

+9.5-8.9+18.3-11.3+20.7

—————

UpDownMarket · Nifty Microcap 250Sector · Media & Entertainment peers, median of 12Pending

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

AI summary

Tips Music closed its open market buyback on September 30, 2026. The company bought back 6,71,946 shares at an average price of INR 661.30, deploying about INR 44.43 crore, which is 99.86% of the INR 44.5 crore maximum size. The buyback ran from September 9 to September 30, 2026 at a cap of INR 750 per share. Promoter holding rose slightly from 64.15% to 64.49% post-buyback.

Likely market impact

Near-full deployment shows strong cash confidence. Minor earnings per share boost expected from lower share count.