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Feb 23, 2024 · The board of Tips Industries, a leading Indian music label that creates and monetises music, will meet on February 28 to consider and approve a proposal for the company’s share buyback. "A meeting of the Board of Directors is scheduled to be held on February 28, inter alia, to consider and approve the proposal for buyback of fully paid-up equity shares of Re 1 each," the company said in a filing.
Nov 19, 2022 · Tips Industries Buyback 2022 description – The company is one of India’s largest entertainment players engaged in music recording film production, film promotion, and film distribution company. The company started with dealing into gramophone records, pre-recorded audio cassettes, blank audio cassettes, and replicated CDs.
Feb 28, 2024 · The buyback price of ₹625 is a 21.3% premium to Tuesday's closing price. Tips Industries will carry out the share buyback via the tender offer route. A tender offer buyback is the one in which the company announces a fixed price at which it will buyback shares from the existing shareholders. You can read more on that here.
Apr 22, 2024 · Tips Industries Buyback 2024 Acceptance Ratio (AR) Calculator. Buyback Price. ₹625 per share. Buyback Size (Shares) 595,000. Buyback Size (Amount) ₹371,875,000. Buy Shares Quantity (Shares) (should be Less than ₹2 lakhs for retail Quota) 1*.
Dec 30, 2022 · Profits from buybacks is tax free. The number of accepted shares is calculated considering all the shares are tendered for buyback. Profit and Loss Calculation is based on gross amounts and do not include any charges. Calculate Tips Industries Buyback 2022 Acceptance ratio (AR) using the buyback acceptance ratio calculator.
Nov 9, 2022 · The Board of Tips Industries at its meeting held on 09 November 2022 has approved buyback of shares of the company not exceeding 1,26,000 equity shares at a price of Rs 2600 per share payable in cash for an aggregate consideration not exceeding Rs 32.76 crore.
Feb 28, 2024 · The Board of Tips Industries at its meeting held on 28 February 2024 has approved the proposal for buyback of up to 5,95,000 equity shares of face value of Re 1 each at a price of Rs 625 per equity share payable in cash for a total consideration not exceeding Rs 37.18 crore.
