About Tips Music Limited

Tips Music Limited, formerly Tips Industries Limited, is an Indian music label engaged in creation and acquisition of audio‑visual music content and monetisation of its catalogue through digital licensing in India and overseas, with operations rooted in the Media & Entertainment industry since incorporation on May 8, 1996. The Company states it has no holding or subsidiary company, and focuses on licensing across platforms, drawing on a library curated under the leadership of its promoter‑directors; it changed its name to Tips Music Limited in July 2024 to reflect its core focus on music.

The Company operates primarily in India while monetising internationally via digital platforms; its business includes acquiring audio‑video rights, including from group company Tips Films Limited, on an arm’s length basis for synergistic growth. Key milestones in FY 2024‑25 include shareholder approval processes on material related party transactions up to INR 60 crore for content rights and the rebranding completed pursuant to the AGM on July 26, 2024.

Management reports robust financial performance for the year ended March 31, 2025, with turnover of Rs 310.69 crore, other income of Rs 18.99 crore, PBT of Rs 223.18 crore, and PAT of Rs 166.56 crore (all figures derived from “INR in Lakh” disclosures). The Company highlights that it has adequate profit, no insolvency proceedings, and no material orders impacting going concern between year‑end and the report date.

Tips Music Limited Business Segment

• Core activity: creation, acquisition, and digital licensing of audio‑visual music content in India and overseas, including licensing on various platforms.

Tips Music Limited Key Management

• Kumar S. Taurani — Chairman and Managing Director; Promoter; B.Com; appointed to Board on May 8, 1996; re‑appointment effective June 1, 2025 to May 31, 2028.

• Ramesh Taurani — Executive Director; Promoter; B.Com; on Board since September 27, 2005; re‑appointment effective June 1, 2025 to May 31, 2028.

• Girish Taurani — Executive Director; Promoter Group; B.Com; on Board since February 13, 2020; re‑appointment effective June 1, 2025 to May 31, 2028.

• Tara Subramaniam — Non‑Executive Independent Director; on Board during FY 2024‑25; Committee chair roles noted.

• Rajan Singh — Non‑Executive Independent Director; appointed with effect from April 30, 2024.

• Chandrashekar Ponnuswamy — Non‑Executive Independent Director; appointed with effect from October 16, 2024.

Latest Updates on Tips Music Limited

• Change of name from Tips Industries Limited to Tips Music Limited approved at AGM on July 26, 2024, with consequential amendments to constitutional documents.

• Appointment of new Independent Directors: Rajan Singh (from April 30, 2024) and Chandrashekar Ponnuswamy (from October 16, 2024); resignations of Independent Directors Amitabh Mundhra (April 29, 2024) and Shashikant Vyas (August 27, 2024).

• Proposed material Related Party Transactions with Tips Films Limited for acquisition of audio‑video rights and related arrangements up to Rs 60.00 crore for the period from the 29th AGM to the 30th AGM; Audit Committee independent members approved on January 22, 2025.

• Re‑appointments: Kumar Taurani as Chairman & Managing Director (June 1, 2025–May 31, 2028) with remuneration of Rs 1.98 crore per annum; Girish Taurani as Executive Director (June 1, 2025–May 31, 2028) with remuneration of Rs 0.90 crore per annum; Ramesh Taurani as Executive Director (without remuneration).

• Appointment of N L Bhatia & Associates as Secretarial Auditor for a five‑year term commencing April 1, 2025, with FY 2025‑26 fee of Rs 0.02 crore plus taxes and out‑of‑pocket expenses.