Tips Music Limited
UTI Mutual Fund reduced its stake in Tips Music Limited from 2.18% to 2.10%, selling 1,07,405 shares worth ₹7.18 crore.
A leading Indian media and entertainment company engaged in the production and distribution of motion pictures, along with the acquisition and exploitation of music rights across multiple platforms. The firm is particularly recognized for its substantial presence in Punjabi film production, establishing itself as a major player in regional cinema and Hindi film distribution. Incorporated in 1996, the company operates across film production, theatrical distribution, and music licensing, serving diverse audiences nationwide.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.