
Buyback30 Sept 2026, 06:00 pm
Tips Music Ltd Closes Buyback of ₹44.43 Cr
AI Summary
Tips Music Ltd has announced the closure of its share buyback program, which commenced on September 9, 2026. The company successfully repurchased 6,71,946 equity shares at an average price of ₹661.30 per share. The total amount deployed for the buyback was ₹44,43,58,966.85, representing 99.86% of the maximum buyback size of ₹44,50,00,000. The buyback was conducted through the stock exchange mechanism and excluded shares held by promoters and persons in control. The closure is effective from the close of trading hours on September 30, 2026. A post-buyback public advertisement will be released detailing the final number of shares repurchased and average prices.
Key Highlights
- Tips Music Ltd successfully completed its share buyback program.
- Repurchased 6,71,946 shares for ₹44.43 Cr, 99.86% of the authorized amount.
- Buyback closed on September 30, 2026, as per SEBI regulations.
- Average buyback price was ₹661.30 per share.
Price Impact
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