Tips Music Limited FY26 Business Responsibility Sustainability Report

Date: August 8, 2026

Main business activity: Creation and acquisition of audio-visual music content and monetisation of the content library in India and overseas through licencing on various platforms (NIC Code J3)
Contributes 100.00% of turnover
Primary product: Sale of Services (including license fees) (NIC Code 592) contributing 99.87% of total turnover

Number of locations: 4 offices in India (National), no international offices
Markets served: PAN India (National), Worldwide (International)
Export contribution: 68.57% of total turnover
Customer type: Business to Business (B2B) - engages with leading corporations in the Music Industry

Total employees: 98 (69 permanent, 29 other than permanent)
Gender distribution: 67 male (68.37%), 31 female (31.63%)
Permanent employees: 48 male (69.57%), 21 female (30.43%)
Other than permanent: 19 male (65.52%), 10 female (34.48%)
No differently abled employees
Women representation: Board of Directors 16.67% (1 out of 6), Key Management Personnel 16.67% (1 out of 6)
Turnover rates for permanent employees: FY 2025-26 - Male 11.36%, Female 15.00%, Total 12.50%; FY 2024-25 - Male 16.00%, Female 17.65%, Total 16.51%; FY 2023-24 - Male 2.82%, Female 0.00%, Total 2.02%

Complaints/Grievances mechanism available for all stakeholder groups
Shareholders: 2 complaints filed during year, all resolved
No complaints from other stakeholder groups (communities, investors, employees, customers, value chain partners)

1. Digitalization - Opportunity (Positive financial implications)

2. Artificial Intelligence - Opportunity and Risk (Positive and Negative financial implications)

3. Data Privacy and Cyber Security - Risk (Negative financial implications)

4. Employee engagement - Opportunity (Positive financial implications)

5. Corporate Social Responsibility - Opportunity (Positive financial implications)

6. Regulatory issues and compliance - Risk (Negative financial implications)

Policies cover all 9 NGRBC principles, approved by Board
Policies translated into procedures
Code of Conduct extends to value chain partners
No national/international codes/certifications adopted
Company actively involved in commitments aligned with BRSR principles
Highest authority: Mr. Kumar S. Taurani, Chairman & Managing Director
No specified Committee for sustainability issues - CMD and Executive Director responsible
Performance against policies reviewed annually by Chairman & Managing Director
Compliance with statutory requirements reviewed quarterly by Board
No external assessment of policies

Training coverage: Board of Directors 100%, KMPs 100%, other employees 76.24%
No fines/penalties/punishment in proceedings with regulators
Anti-corruption policy covered in Code of Conduct and Whistle Blower Policy
No disciplinary action for bribery/corruption
No complaints regarding conflict of interest
Accounts payable days: FY 2025-26 - 70 days, FY 2024-25 - 89 days
Related party transactions: Purchases 26.42%, Sales NIL, Loans & advances 43.05%, Investments NIL

No R&D and capex investments for improving environmental and social impacts
Procedures for sustainable sourcing initiated (use of biodegradable materials)
Waste management practices: plastic replaced with biodegradable bags, e-waste handled by certified agencies, no hazardous waste
No Extended Producer Responsibility applicable

Health insurance coverage: Permanent employees 97.10%, Other than permanent 79.31%
Maternity benefits: Permanent female employees 100.00%, Other than permanent female employees 100.00%
No accident insurance, paternity benefits, or day care facilities
Spending on well-being measures: 0.13% of total revenue (FY 2024-25: 0.24%)
Retirement benefits: PF and Gratuity coverage 100.00% for permanent employees, duly deposited
Workplace accessible to differently abled persons
No separate equal opportunity policy (covered in Code of Conduct)
No data on return to work and retention rates after parental leave
Grievance mechanism available for all employees
No employee membership in associations/unions
Training: 74.26% employees covered in health/safety, 18.81% in skill upgradation
Performance reviews: 100.00% employees covered
Basic health and safety measures implemented (fire extinguishers, CCTV, fire drill training)
No work-related hazards identified
No safety-related incidents, injuries, or fatalities
No complaints on working conditions or health & safety
No assessments by statutory authorities or third parties

Key stakeholder groups: Employees, Shareholders, Investors, Vendors/Value chain partners
Engagement channels: Physical/digital channels, stock exchange intimations, emails, website, AGM, earnings calls, investor meets
Engagement frequency: Regular, annual, periodic, quarterly as required

Human rights training: Permanent employees 72.46%, Other than permanent 86.21%, Total 76.53%
All employees paid more than minimum wage
Median remuneration: Board of Directors INR 90.00 lakhs, KMPs INR 100.00 lakhs, Other employees INR 8.40 lakhs
Gross wages to females: 15.32% of total wages (FY 2024-25: 17.09%)
HR department is focal point for human rights issues
No complaints on sexual harassment, discrimination, child labor, forced labor, wages, or other human rights issues
No complaints under POSH Act
Mechanisms to prevent adverse consequences to complainants through various policies
Human rights requirements included in certain business agreements
No assessments by external agencies
No significant risks/concerns from human rights assessments

Energy consumption: Non-renewable electricity 394.4196 Gigajoules (FY 2024-25: 323.2836 Gigajoules)
No renewable energy consumption
Energy intensity per rupee of turnover: 0.000000105 (FY 2024-25: 0.000000104)
No PAT Scheme applicability
Water usage limited to personal employee use, no significant consumption data
No water discharge data
No Zero Liquid Discharge mechanism
No air emissions data (not applicable)
No greenhouse gas emissions (not applicable)
No GHG reduction projects
Waste management: Plastic replaced with biodegradable bags, e-waste handled by certified agencies
No hazardous waste generation
No operations in ecologically sensitive areas
No environmental impact assessments conducted
Compliant with applicable environmental laws

Affiliations with 3 trade/industry chambers: Phonographic Performance Limited, Indian Music Industry, Indian Performing Right Society Limited (all national reach)
No adverse orders related to anti-competitive conduct

No Social Impact Assessments conducted
No Rehabilitation and Resettlement projects
CSR team engages with NGOs/Trusts for community grievance redressal
No input material sourcing from MSMEs/small producers (not applicable)
100.00% wage cost in metropolitan areas (no rural, semi-urban, or urban employment)

Consumer complaint mechanism: email (info@tips.in) or website (https://tips.in/contact)
Complaints addressed under supervision of senior head/CMD
No turnover from products with environmental/social information
No consumer complaints on data privacy, advertising, cyber-security, delivery of services, restrictive trade practices, unfair trade practices
No product recalls
Cyber security and data privacy covered in Risk Management Policy (no separate policy)
No corrective actions needed on consumer-related issues
No data breaches occurred