Tips Music declares second interim dividend of Rs 4 per share

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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

₹535.30

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

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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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 for FY2025-26 of Rs 4 per fully paid equity share, equal to 400% of the Rs 1 face value. 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 half year ended September 30, 2025.

Likely market impact

Shareholders on the October 21 record date will receive Rs 4 per share by November 12, 2025, supporting cash returns.