Tips Music Limited has informed the Exchange that Record date for the purpose of Dividend is 05-Aug-2025.
TIPSMUSIC · price
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On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.8 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.
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Tips Music Limited's Board, at its meeting on July 30, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with a limited review report carrying an unmodified conclusion. The Board declared a first interim dividend of Rs. 4 per equity share (400%) on shares of face value Re. 1 for FY 2025-26. The record date has been fixed as Tuesday, August 5, 2025, and the dividend will be paid to eligible shareholders on or before August 26, 2025. The statutory auditors, MSKA & Associates, performed the limited review, with a note that the Q1 FY25 results were reviewed by a predecessor auditor, indicating a change in auditor. No subsidiary or consolidated results are applicable as the company has no subsidiaries, associates, or joint ventures.
The 400% interim dividend is a strong reward for shareholders and reflects healthy cash generation, likely to be received well by the market. The record date of August 5 is the key date — investors must hold shares by then to be eligible for the dividend payout.