Buyback: 3,47,246 fully paid-up equity shares extinguished; paid-up capital now 12,71,59,644 shares

Tips Music has extinguished 3,47,246 fully paid-up equity shares of face value Re. 1/- each, bought back from the open market between September 19, 2026 and September 30, 2026.

Thu 8 Oct 2026

Shares Extinguished

3,47,246 fully paid-up equity shares of face value Re. 1/- each

Paid-up Equity Share Capital After Extinguishment

12,71,59,644 shares

Buyback Period (Open Market)

September 19, 2026 to September 30, 2026

What the company has done

• It has extinguished 3,47,246 fully paid-up equity shares of face value Re. 1/- each. "Extinguished" means shares that the company had bought back have now been cancelled and removed from its share capital.
• The buyback of these shares happened in the open market through stock exchanges during the period September 19, 2026 to September 30, 2026.
• The extinguishment was carried out on October 6, 2026 in dematerialised form through Central Depository Services (India) Limited (CDSL).

Share capital before and after

• Paid-up equity share capital prior to the buyback: 12,78,31,590 equity shares.
• Equity shares extinguished till date: 3,24,700 equity shares.
• Equity shares being extinguished in this lot: 3,47,246 equity shares.
• Paid-up equity share capital after extinguishment: 12,71,59,644 equity shares.

What supports the disclosure

• A certificate of extinguishment confirming the shares bought back, along with a debit confirmation from CDSL for 3,47,246 equity shares in dematerialised form, with the date effected recorded as 06-Oct-2026.
• A secretarial auditor's certificate from N L Bhatia & Associates stating that, based on the procedures performed, nothing came to its attention that caused it to believe that the equity shares bought back, aggregating to 3,47,246, have not been extinguished.
• The disclosure also records that the number of equity shares bought back during September 19, 2026 to September 30, 2026 and the number of equity shares extinguished are equal.

What it means for a retail investor

• This is the cancellation step that follows a buyback: the bought-back shares are removed, so the total number of shares in issue falls. Each remaining share then represents a slightly larger slice of the company, though the actual impact per share depends on factors such as the price paid in the buyback and the company's earnings.
• The face value of each equity share continues to be Re. 1/-.
• The disclosure concerns shares already bought back and cancelled; it records the completion of that part of the buyback.

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