Tips Music extinguishes 3,47,246 shares bought back via open market

Corporate Actions View source PDF Explain this filing

TIPSMUSIC · price

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

+3.5%Reaction day

₹619.00

prior close

₹621.95

announcement price

After-mkt

timing

Nifty Microcap 250market+0.3%+3.2% vs market

Media & Entertainment peers, median of 12sector+1.5%+2.0% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 2.0 pts more 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

+1.4

10m

+0.4

15m

+1.1

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.5+0.3+3.2+1.5+2.0

Next day

+10.3+1.1+9.2+2.5+7.8

+14.2+1.3+12.9+2.0+12.3

+15.6+2.0+13.6+0.4+15.1

+10.7+0.3+10.3+0.8+9.9

+21.3+1.1+20.3+0.8+20.6

+19.3-3.2+22.5-0.6+19.9

15d

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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 has extinguished 3,47,246 fully paid-up equity shares of face value Re. 1 each, bought back through the open market route between September 19 and September 30, 2026. Post extinguishment, paid-up equity share capital stands at 12,71,59,644 shares, down from 12,78,31,590. This is part of the company's ongoing open market buyback. Total shares extinguished till date now stand at 6,71,946.

Likely market impact

Reduces share count, which can support EPS over time. No buyback price premium disclosed in this filing.