Tips Music Ltd. has approved a buyback of equity shares via the open market route through stock exchanges.

The company plans to repurchase shares worth up to ₹44.50 Cr, at a maximum price of ₹750 per share.

This could involve buying back up to 5,93,333 shares.

The buyback offer is expected to open within four working days of the public announcement and will remain active for up to 66 working days.

This move aims to enhance shareholder value and optimize equity.