Buyback of the shares of TIPS Music Limited from Open Market through Stock Exchange · 20260908-27
BSE notice 20260908-27 · 08 Sept 2026
Official record
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TIPS Music Limited announces a buyback of fully paid-up equity shares from the open market through the Stock Exchange. The company sets a maximum buyback price of Rs. 750 per share. The total buyback amount must not exceed Rs. 44,55,00,000. The buyback process begins on September 9, 2026. The process ends on December 11, 2026, or when the company deploys the maximum buyback amount. The company may also close the buyback earlier if it reaches the minimum buyback size. ITI Securities Broking Limited acts as the broker for this transaction. The company conducts this buyback under the SEBI (Buy-Back of Securities) Regulations, 2018.
What you must do
- Trading Members must contact the specified persons for queries or clarifications regarding the buyback scheme.
Key dates
- Date of Opening of the Buyback
- 09 Sept 2026
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260908-27 |
|---|---|
| Notice Date | 08 Sep 2026 |
| Category | Trading |
| Segment | Equity |
| Department | Listing Business Relationship |
| Subject | Buyback of the shares of TIPS Music Limited from Open Market through Stock Exchange |
| Attachments | No Attachment |
[Image omitted. See the official document.]
Market Participants are hereby informed that TIPS MUSIC LLIMITED has announced the buyback of its fully paid-up equity shares of face value of Rs.1/- each from the open market through the Stock Exchanges, in accordance with the SEBI (Buy-Back of Securities) Regulations, 2018 updated as of July 6, 2026, and Exchange Notice No. 20260731-9 dated July 31, 2026. The maximum buyback price shall not exceed Rs.750/- (Rupees Seven Hundred and Fifty Only) per equity share, for an aggregate amount not exceeding INR 44,55,00,000 /- (Indian Rupees Forty Four Crores Fifty Lakhs Only).
- Proposed timetable for buyback:
| Date of Opening of the Buyback | Wednesday, September 09, 2026 |
|---|---|
| Last Date for the Buyback | Earlier of: |
-
(a) December 11, 2026 (that Is 66 working days from the date of the opening of the Buyback); or
-
(b) when the Company completes the Buyback by deploying the amount equivalent to the Maximum Buyback Size; or
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(c) at such earlier date as may be determined by the Board, after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buyback Size (even if the Maximum Buyback Size has not been reached or the Maximum Buyback Shares have not been bought back in accordance with the SEB] Buyback Regulations), however, that all payment obligations relating to the Buyback shall be completed before the last date for the Buyback. |
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Company’s Broker for buyback:
| Name of the Member | Clearing No |
|---|---|
| ITI Securities Broking Limited | 176 |
In case of any queries /clarifications on the scheme of buyback, Trading Members may please contact the under mentioned persons:
-
Registrar to the Buyback:
MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited)
Address: C-101, Embassy 247 L B S Marg, Vikhroli (West) Mumbai 400 083 Maharashtra, India.
Tel: +91 810 811 6767
Contact Person: Jibu John
Email ID: investor.helpdesk@in.mpms.mufg.com
Website: www.in.mpms.mufg.com
Investor Grievance E-mail:investor.helpdesk@in.mpms.mufg.com
SEBI Registration No.: INR000004058
CIN: U67190MH1999PTC118368
-
Manager to the Buyback:
Inga Ventures Private Limited
Address: 1229 Hubtown Solaris, N.S. Phadke Marg, Opp. Telli Galli, Andheri (East), Mumbai 400069, Maharashtra, India
Tel: +91 22 4336 0758
Contact Person: Kavita Shah
Email: kavita@ingaventures.com
Website: www.ingaventures.com
SEBI Registration Number: INM0000012698
CIN: U67100MH2018PTC318359
-
The Company:
Tips Music Limited Ms. Bijal Patel Company Secretary and Compliance Officer Address: 601, Durga Chambers, 6th Floor, Linking Road, Khar (West), Mumbai 400052 , Maharashtra India Tel.: +91-22 66431188 Email: Bijal@tips.in
Mangesh Tayde Vice President Issuer Relations & Corporate Sales September 08, 2026
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 08 Sept 2026
- Document number
- 20260908-27
- Issuing division
- Listing Business Relationship
- Coverage area
- securities