Buyback8 Oct 2026, 11:10 pm
Tips Music Extinguishes 3.47 Lakh Shares Post Buyback
AI Summary
Tips Music Ltd has officially extinguished 3,47,246 fully paid-up equity shares, each with a face value of INR 1. These shares were bought back from the open market between September 19, 2026, and September 30, 2026, in compliance with SEBI's Buyback Regulations. The extinguishment process, which occurred on October 7, 2026, has been confirmed by a certificate from the company and debit confirmation from CDSL. This action reduces the total paid-up equity share capital of the company.
Key Highlights
- Company extinguished 3,47,246 equity shares post buyback.
- Buyback was conducted via open market route from Sep 19-30, 2026.
- Extinguishment complies with SEBI Buyback Regulations.
- Share capital reconciliation confirms reduction.
- CDSL provided debit confirmation for the extinguished shares.
Price Impact
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