Disclosure under SEBI Takeover Regulations

Tips Music Limited disclosed a filing from its promoter, Kumar Taurani, under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The announcement confirms that Kumar Taurani, along with persons acting in concert, did not encumber (pledge) any shares of Tips Music Limited, directly or indirectly, throughout the financial year 2025-26. This disclosure provides reassurance to investors, indicating stability in the promoter's shareholding. The absence of encumbrance suggests no immediate financial stress on the promoter requiring the pledging of their stake.