Unistar Multimedia Limited appointed Chandni Bhimjibhai Khambhaliya as an additional non-executive independent director on August 27, 2026. The board also accepted the resignation of Priyanka Kishorkumar Sodagar from the same role, effective August 26, 2026.

The appointments were approved during a board meeting held in Mumbai that commenced at 3:15 pm and concluded at 3:40 pm. The changes follow recommendations from the Nomination and Remuneration Committee.

Board Composition Changes

Ms. Khambhaliya joins the board subject to shareholder approval. She brings over 10 years of experience in finance, with expertise in financial management, investment analysis, and strategic planning. Her background includes specialization in Commerce and Business Management, with current association with the fintech industry.

Ms. Sodagar resigned due to pre-occupation elsewhere, stating she could not devote sufficient time to company affairs. She confirmed there are no material reasons for her resignation other than those mentioned in her letter.

Regulatory Disclosures

The company filed the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both directors are not related to existing board members and are not debarred by SEBI or any other authority.

Ms. Sodagar clarified she has no disputes with the board or management regarding day-to-day affairs. The company will submit necessary forms to the Registrar of Companies and stock exchanges accordingly.

Unistar Multimedia Limited has submitted a Director Appointment Verification Committee report dated 21 June 2026 to BSE Limited, confirming that four individuals reviewed in the report do not presently continue to hold office as directors of the company. The voluntary disclosure aims to ensure governance verification, statutory record reconciliation, and regulatory transparency regarding historical appointments and cessations reflected in Ministry of Corporate Affairs (MCA) records.

The committee, comprising Mr. Abhishek Pratapkumar Thakkar and Mr. Vivekkumar Maheshkumar Padhiyar, reviewed records relating to Mr. Mihir Parikh, Mr. Yogesh J. Shah, Mr. Jitendra Pradipbhai Parmar, and Mr. Premaram Jaitaram Patel. The findings indicate that the matters reviewed do not presently affect the existing constitution of the Board of Directors of Unistar Multimedia Limited.

Committee Findings

The committee observed that the cessations of Mr. Mihir Parikh and Mr. Yogesh J. Shah have been filed with the Registrar of Companies. These cessations were submitted by Ms. Priyanka Kishorkumar Sodagar, Independent Director, according to records available on the MCA portal.

Regarding Mr. Jitendra Pradipbhai Parmar and Mr. Premaram Jaitaram Patel, the committee noted that both individuals independently filed Form DIR-11 with the Registrar of Companies communicating their resignations. Communications regarding these resignations were also made to the company and BSE Limited.

Verification Status

The committee reported that certain matters concerning the rectification, verification, and reconciliation of director-related records remain under examination before the concerned authorities. The Registrar of Companies is presently undertaking verification of relevant records and statutory filings. Consequently, the final position regarding historical director records remains subject to the completion of this process.

The committee clarified that the report does not seek to determine the legal validity or invalidity of any appointment, cessation, resignation, or statutory filing. It is intended solely for documenting reviewed records and assisting governance reconciliation.

Reviewed Individuals

The following table details the individuals reviewed by the committee and their Director Identification Numbers (DIN):

Recommendations

The committee recommended that the company continue extending full cooperation to the Registrar of Companies and other regulatory authorities. It advised the board to take note of the cessations and resignations reflected in the statutory records and continue pursuing rectification and reconciliation of MCA records where required. The committee also suggested that appropriate disclosures be made to BSE Limited and shareholders regarding the status of record verification and that relevant documentation be preserved pending the conclusion of the verification process.