Tips Films Ltd

Tips Films Limited – Trading Window closed from October 01, 2026 till 48 hours after the declaration of Unaudited Financial Results for the quarter and half year ending on September 30, 2026.

AGM Details

• AGM date: 17 September 2026; mode: remote e-voting and AGM e-voting with video conferencing.
• Record date: 10 September 2026; total shareholders on record: 8,483.
• Attendance via video conferencing: promoters 4, public 43.

Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Standalone Financial Statements for year ended 31 Mar 2026.
• Resolution 2 (Ordinary): Re-appointment of Ms. Jaya Taurani as Director, retiring by rotation.
• Resolution 3 (Ordinary): Approval of material related party transactions with Tips Music Limited group.
• Resolution 4 (Ordinary): Approval of related party transactions between promoters and directors and Mr. Kumar S Taurani.

Voting Results

• Resolution 1 passed; 3,376,551 in favour, 1 against.
• Resolution 2 passed; 100% in favour.
• Resolution 3 passed; 133,921 in favour, 1 against.
• Resolution 4 passed; 133,921 in favour, 1 against.

Dividend

• Dividend: No dividend proposed or declared.

Directors

• Director changes: Jaya Taurani re-appointed as Director.

Auditors

• Auditors: no appointment or change disclosed.

Material Related Party Transactions

• Approved material related party transactions with Tips Music Limited group.
• Approved related party transactions between promoters and directors and Mr. Kumar S Taurani.

AGM Details

• AGM held via VC/OAVM on Sept 17, 2026, 12:00–12:22 IST.
• Remote e-voting open Sept 14–16, 2026; results to be intimated within two days.
• Auditor's and Secretarial Audit reports for FY 2025-26 had no qualifications.
• Scrutinizer appointed for e-voting: Shirish Shetye (SAV & Associates LLP).

Ordinary Business

• Adoption of Audited Standalone Financial Statements for FY 2025-26; results pending.
• Re-appointment of Ms. Jaya Taurani as Director, liable to retire by rotation; results pending.

Special Business

• Approval of related party transactions with Tips Music Ltd (Group Company); results pending.
• Approval of related party transactions with Promoters and Directors; results pending.

AGM notice and annual report dispatch

• Electronic copies of the 17th AGM notice and FY2025-26 Annual Report dispatched to shareholders.
• Newspaper advertisements published in Business Standard (English) and Mumbai Lakshadeep (Marathi) announcing dispatch.

Financial performance

• Revenue from operations: ₹15,827.14 Lakhs; total income ₹15,955.54 Lakhs.
• Net loss after tax: ₹1,584.95 Lakhs; prior year ₹4,540.09 Lakhs.
• EPS: Basic and Diluted ₹-36.66.
• PBT: ₹-1,592.19 Lakhs; depreciation ₹82.38; finance cost ₹75.17.
• YoY revenue growth from ₹7,403.99 to ₹15,827.14 Lakhs; total income ₹7,557.32 to ₹15,955.54.
• Cash flow: operations ₹-12.72 Crores; investing ₹2.05 Crores; financing ₹-2.45 Crores.
• Dividend declared for FY25-26: NIL.
• Paid-up capital ₹432.29 Lakhs; total equity ₹2,988.56 Lakhs.
• Employees on payroll: 19.

Operations and strategy

• Released Maalik and Sarbala Ji in FY25-26; three films on floor; exploring joint production.
• Third-party distribution growing; distributed Sikandar, Housefull 5; Hai Jawani Toh Ishq Hona Hai in-house.
• Targeting 5-6 productions per year; building project pipeline for growth.

Capital structure & liquidity

• Short-term borrowings ₹18,831.07 Lakhs; long-term borrowings nil.
• Debt-to-Equity 6.30; prior 3.54; liquidity tightening.
• Cash & cash equivalents ₹3.92 Crores; total assets ₹241.70 Crores.
• Equity ₹29.89 Crores; reserves ₹25.63 Crores; total equity ₹29.89 Crores.
• Operating cash flow negative; financing cash flow negative; overall cash declined.

Related party transactions & governance

• RPT with Tips Music Ltd: ₹33.02 Crores in FY25-26; rights, advances, reimbursements.
• Proposed RPT with TML: ₹60 Crores; 37.91% of FY25-26 turnover.
• Promoter loans to company: Kumar ₹25 Crores; Ramesh ₹57.5 Crores; interest ₹2.38 Cr and ₹4.44 Cr.
• Promoter borrowings up to ₹200 Crores; arm's-length terms; repayable on demand.

Board, governance & auditors

• Independent director Rahul Mehta appointed Oct 3, 2025; Mundhra resigned Jul 8, 2025.
• Board: 6 directors; 3 executive; 3 independent; two women.
• Statutory auditors: Maheshwari & Co; internal: Grant Thornton Bharat and Mathur & Co; no qualifications.

Industry outlook & risks

• Indian M&E grew 9% in 2025 to ₹2.78 trillion; OTT rise; regional content expanding.
• Outlook positive for 2026-2028; risks include piracy and regulatory changes.

Shareholding & compliance

• Dematerialised 100%; 43,22,886 equity shares; promoter stakes ~20% each.
• AGM via VC/OAVM; e-voting via CDSL/NSDL; no CSR activity disclosed for FY25-26.
• Auditor's report is unqualified; SEBI LODR compliance maintained; IEPF guidance provided.

AGM notice corrigendum

• Corrigendum issued Aug 22, 2026 for Mumbai Lakshadeep (Marathi) edition misprint in AGM notice.
• AGM date/time: Sept 17, 2026 at 12:00 PM IST via VC/OAVM.

AGM notice and corrigendum

• Notice issued for Tips Films Ltd's 17th AGM on Sep 17, 2026 at 12:00 PM IST via VC/OAVM.
• Marathi edition of Mumbai Lakshadeep misprinted AGM count as 30th; corrigendum to be published.
• Newspaper advertisements published in Business Standard (English) and Mumbai Lakshadeep (Marathi) on Aug 21, 2026.
• Company will publish a corrigendum to correct the error in the Marathi edition.

AGM notice

• 17th Annual General Meeting scheduled for Sept 17, 2026 at 12:00 IST via VC/OAVM
• Held in compliance with Companies Act 2013 and SEBI LODR 2015

Ad publication details

• Publication of standalone unaudited financial results for quarter ended June 30, 2026 via newspaper ads.
• Newspaper advertisements published in The Economic Times (English) and Mumbai Lakshadeep (Marathi) on August 15, 2026.
• Complies with Regulation 47 of SEBI LODR, 2015.
• Issuer: Tips Films Limited; Company Secretary: Supriya Gupta.

Financial results

• Unaudited standalone results for the quarter ended June 30, 2026 approved with Limited Review Report.

Key management changes

• CFO Haresh Sedhani resigns; effective close of business September 22, 2026.
• Saurabh Rathi appointed CFO; effective September 23, 2026.

Regulatory disclosures

• Annexure A with Regulation 30 disclosures enclosed.