Tips Music Limited has informed the Exchange that Board of Directors at its meeting held on January 19, 2026, declared Select Dividend of Rs. 5 per equity share.
TIPSMUSIC · price
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Awaiting price reaction for this filing.
Tips Music Limited's Board of Directors, at a meeting held on January 19, 2026, approved a Special Dividend of Rs. 5 per equity share for its shareholders. This is a one-time special dividend announcement separate from any regular dividend the company may declare. Specific details such as the record date and book closure date have not been provided in this filing. The payout reflects the company distributing surplus cash to shareholders.
Positive for shareholders in the short term as it represents a direct cash reward. The stock may see some price adjustment on the ex-dividend date. Investors should watch for further details on the record date and total payout amount.