** Vinyl Group rises as much as 6.4% to A$0.1, the biggest intraday pct gain since Aug. 23

** Music co to acquire Australian events business and planner Funkified Entertainment for A$2.5 mln ($1.7 mln)

** Says acquisition will bring event management function directly under co

** Around 1.6 mln shares traded in stock's busiest day since May 8

** YTD, VNL gains ~37.5%

($1 = A$1.4622)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))