Tips Music declares Rs 4 second interim dividend

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TIPSMUSIC · price

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

-5.4%Reaction day

₹531.00

prior close

₹538.00

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%-6.4% vs market

Media & Entertainment peers, median of 11sector+0.0%-5.4% vs sector

On the reaction day the stock moved 6.4 pts less than Nifty Microcap 250 and 5.4 pts less than 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

+1.3

10m

+1.3

15m

+1.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.4+1.0-6.4+0.0-5.4

Next day

+0.2+1.5-1.3+0.1+0.1

-2.0+1.0-3.0+0.4-2.4

-3.8+2.0-5.8-0.6-3.2

-2.1+3.1-5.2+0.0-2.1

-0.1+2.6-2.7-0.0-0.1

+0.8+2.7-1.9-1.5+2.3

15d

-6.9+1.8-8.6-3.1-3.7

-6.8+2.5-9.3-2.9-3.9

+2.1-2.9+5.0-6.0+8.1

-1.7-6.3+4.6-12.1+10.5

UpDownMarket · Nifty Microcap 250Sector · Media & Entertainment peers, median of 11Pending

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

AI summary

Tips Music's board declared a second interim dividend of Rs 4 per share (400% of the Rs 1 face value) for FY 2025-26. The record date is October 21, 2025, and payment is due by November 12, 2025. The board also approved unaudited results for the quarter and six months ended September 30, 2025.

Likely market impact

The 400% payout signals strong shareholder returns and may support sentiment, but it reduces cash retained for the business.