Tips Music has fixed October 22, 2026 as the record date for its ₹6.50-per-share first interim dividend for FY2026–27. NSE also lists October 22 as the ex-dividend date. The company’s October 15 board outcome says payment will be made on or before November 12.
The amount applies to each fully paid equity share with face value ₹1. The filing also expresses it as 650%, but that percentage is not a dividend yield or a promised market return.
What the official records say
| Item | Verified position | Official source |
|---|---|---|
| Company / trading identifiers | Tips Music Limited; NSE: TIPSMUSIC; BSE: 532375 | Issuer filing |
| Action and approval | First interim cash dividend for FY2026–27; declared by the board on October 15, 2026 | Issuer filing |
| Amount and share basis | ₹6.50 per fully paid equity share of face value ₹1 | Issuer filing |
| Record date | October 22, 2026, fixed for the first interim dividend | Issuer filing |
| NSE ex-dividend date | October 22, 2026 | NSE action record |
| Payment deadline | On or before November 12, 2026 | Issuer filing |
Why 650% does not mean a 650% return
The percentage uses face value: ₹6.50 divided by ₹1, multiplied by 100, equals 650%. Face value is the nominal share denomination, not the market price paid by an investor. Using this percentage as an investment return would be misleading.
The more direct statement is ₹6.50 for each eligible fully paid share. This report does not verify a current stock price or calculate a dividend yield, and it does not assume any shareholder’s tax treatment.
The next checkpoint is payment
The October 15 declaration and the forthcoming record date are not evidence that funds have been credited. November 12 is the disclosed latest payment date, rather than a promise of payment exactly on that date. Individual eligibility and account credits have not been checked.
Official source check: . This is the evidence-check time, not a share-price quote or confirmation that payment has been completed.