TIPS MUSIC LIMITED — AGM Information 2018

Sep 25, 2018

September 25,2018

To, Listing Department BSE limited P.f Towers, Dalal Street, Fort, Mumbai - 400 001

To, Listing Department National Stock Exchange of India Limited Exchange Plaza,5th Floor, Plot No. C/L,G Bloch Bandra Kurla Complex, Bandra [E), Mumbai - 400 050

Scrip Code: 532375

Svmbol: TIPSINDTTD

Sub: Proceeding of 22"a Annual General Meeting of the Company.

Dear Sir / Madam,

Pursuant to Regulation 30 of SEBI [Listing Obligations & Disclosure Requirements) Regulations, 20'J,5, we wish to inform you that 22nd Annual General Meeting [AGM)of the Company was held on Tuesday, September 25,20tB at 11.00 a.m. at the ]ubilee Room, Hotel Sun-N-Sand, fuhu, Mumbai-400 049.

Please find below the proceeding of 22"a AGM of the Company.

Mr. Kumar Taurani, Chairman & Managing Director of the Company, chaired the Meeting.

The requisite quorum being present, the Chairman called the Meeting to order.

The Chairman gave an overview of the performance of the Company. The Chairman invited questions/ queries from the members. Question/ queries raised by the members were replied satisfactory by the chairman.

The member were informed that the remote e-voting commenced on Saturday, Septemb er 22,2018 at 9.00 a.m. and ended on Monday, September 24,2018 at 5.00 p.m. Subsequently, facility of voting by poll was also provided to all the shareholders at the AGM, who did not exercise their right of remote e-voting.

The Chairman informed the members that Mr. Shirish Shetye, Practicing Company Secretary, was appointed as scrutinizer to scrutinize the remote e-voting and poll process in a fair and transparent manner.

The follbwing businesses were transacted at the Meeting:

TIPS INDUSTRIES LTD.

601, Durga Chambers, 6th Floor, Linking Tel. : 6643 I188 Email : response@tips.in CIN : L92 1 20MH 1 996PLCO993 59 Road, Khar (West), Mumbai 400 052. Website :www.tips.in

ORDINARY BUSINESS:

• 1. Adoption of Audited Financial Statements for the financial year ended March 31,2078 together with the Reports of the Board of Directors and Auditors thereon.
• 1. Declaration of Dividend on Equity Shares for the financial year ended March 3!,2OtB.
• 1. Re-appointment of Mr. Ramesh Taurani, who retires by rotation and being eligible, offers himself for re-appointment.

SPECIAL BUSINESS:

• 1. Re-appointment of Mr. Kumar Taurani as a Chairman & Managing Director of the Company.
• 1. Re-appointment of Mr. Ramesh Taurani as a Managing Director of the Company.

It was announced at the Annual General Meeting that the consolidated remote e-voting result along with the voting by poll will be submitted to the Stock Exchanges within 48 hours of the conclusion of the Annual General Meeting and will also be placed on the website of the Company.

The Chairman thanked the Members for their presence and active participation in the Meeting, The Chairnran concluded at 12.00 p.m.

Kindly take the same on your record and update.

Thanking You.

For Tips Industries Limited " 1 \

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TIPS INDUSTRIES LTD.

601, Durga Chambers, 6th Floor, Linking Tel. : 6643 1188 Email : response@tips.in CIN: L92 I 20MH 1 996PLC0993 59 Road, Khar (West), Mumbai 400052. Website :www.tips.in