TIPS INDUSTRIES LTD.

Tips Music Ltd has announced the closure of its trading window for designated persons. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from July 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. This action is standard practice to prevent potential insider trading during sensitive financial reporting periods.

Tips Music Ltd has responded to an NSE query regarding a significant increase in its trading volume. The company stated that it has made all necessary disclosures as per SEBI regulations and is unaware of any specific information driving the surge. Tips Music attributes the increased volume purely to market forces and reaffirms its commitment to timely and compliant disclosures.

Tips Music Ltd is involved in a legal proceeding with Puja Entertainment (India) Limited regarding intellectual property rights. Puja Entertainment initiated a Title Suit (No. 137 of 2026) against Tips Music in Katihar, Bihar, leading to an ex parte status quo order. The Supreme Court, in an order dated 22 May 2026, has stayed this ex parte order until the Patna High Court proceedings are resolved. Tips Music is actively addressing the matter with its legal advisors and will keep the stock exchanges informed of further developments.

Tips Music Ltd announced its FY26 financial results, reporting a 21% increase in revenue and a 30% increase in profit after tax (PAT). Q4 FY26 revenue grew by 32% year-over-year to ₹103.9 crore, while PAT increased by 93% to ₹59.0 crore. The company released 66 songs during the quarter, including 47 film songs and 19 non-film songs. The Board declared a cumulative dividend of ₹13 per share for FY26, resulting in a total payout of ₹166.18 crore.

Tips Music Ltd's board approved audited financial results for the year ended March 31, 2026. Revenue from operations stood at ₹37,557 lakhs with a net profit of ₹7,497 lakhs. The board also re-appointed M/s. Maheshwari & Co as the Internal Auditor for FY27. The board meeting was held on April 23, 2026, commencing at 1:15 PM and concluding at 1:50 PM.

Tips Music Ltd's Board approved the audited financial results for the quarter and financial year ended March 31, 2026. The results received an unmodified opinion from the statutory auditors. M/s. Maheshwari & Co, Chartered Accountants, were re-appointed as the internal auditor for FY2026-27. The company had previously declared and paid interim dividends for Q1, Q2, and Q3 of FY2025-26, amounting to ₹16,618.10 lakhs. The financial statements reflect the impact of new labour codes on employee benefits expense.

Pursuant to SEBI regulations and the company's internal procedures, the trading window for dealing in securities of Tips Music Ltd will be closed for designated persons from April 1, 2026 until 48 hours after the declaration of the audited financial results for the quarter and financial year ending on March 31, 2026. This closure is to ensure compliance with insider trading regulations and maintain fair trading practices.

Tips Music CEO, Hari Nair, has resigned from his position effective from the closure of business hours of April 30, 2026. Nair led the company through a successful digital pivot, securing major deals with Sony Music Publishing, TikTok, and Warner Music, and driving consistent revenue growth. He is thanked for his contribution by Kumar Taurani, Chairman and Managing Director of Tips Music Ltd.

Tips Music Ltd, formerly known as Tips Industries Limited, announced that a GST inspection was conducted by the Goods & Service Tax Department, Mumbai, Maharashtra, at their Account Office. The operation commenced on February 17, 2026, and concluded on February 20, 2026. The Company cooperated fully, providing all necessary documents, information, and clarifications. There is no material impact on the Company's financials, operations, or other activities.

Tips Music Ltd has informed about the initiation of an inspection, search, and seizure operation by the Goods & Service Tax Department at the company's Account Office in Mumbai, Maharashtra. The operation started on February 17, 2026, and is currently ongoing. The company is fully cooperating with the GST Department and is in the process of responding to all queries. The material development, if any, will be intimated upon conclusion of the operation. The business operation of the company continues as usual during the said operation.