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.

Unistar Multimedia Limited has issued a strong denial regarding unauthorized changes to its board composition reflected on Ministry of Corporate Affairs (MCA) records, stating that certain e-Forms DIR-12 were filed without the company's knowledge or consent on 11 February 2026.

Unauthorized MCA Filings Discovered

The company became aware that e-Forms DIR-12 were filed on the MCA portal reflecting cessation of existing directors and appointment of new directors without following mandatory provisions of the Companies Act, 2013. These filings were made without the knowledge, authority, consent, or ratification of the company or its board of directors.

Company's Categorical Denial

Unistar Multimedia Limited has categorically stated that proper corporate governance procedures were not followed for any director changes. The company emphasized that:

• No board meeting was convened for approving any resignation, cessation, or appointment of directors
• No notice of resignation was received from the concerned directors
• No shareholders' approval was sought or granted
• No consent letters, disclosures, or statutory declarations were furnished by the alleged appointees

The company has declared any appointment or cessation reflected on MCA records as void ab initio, non est in law, and not binding on the company or its legitimate board, citing non-compliance with Sections 117, 118, 152, 168, 170, 173 and 447 of the Companies Act, 2013.

Current Board Composition Confirmed

The company has confirmed that five directors continue to remain validly appointed and in office, with none having resigned or been removed in accordance with law:

Regulatory Actions and Legal Remedies

The company and affected directors have initiated multiple regulatory and legal actions to address the unauthorized filings. They have lodged formal objections with the Registrar of Companies (ROC) seeking rectification of records, escalated the matter to the Regional Director (RD), and filed complaints with SEBI through SCORES platform.

The company has reserved rights to initiate civil, criminal, and regulatory proceedings against all persons responsible for false filings, misuse of digital signature certificates, and misrepresentation.

Comprehensive Indemnity Protection

Unistar Multimedia Limited has undertaken to fully indemnify, defend, and hold harmless the five continuing directors against any present or future loss, damage, cost, penalty, claim, demand, proceeding, or legal expense arising from the unauthorized filings. This indemnity extends to costs incurred in connection with any inquiry, investigation, inspection, show-cause notice, adjudication, or regulatory action, to the fullest extent permitted under applicable law in accordance with the company's Articles of Association and Section 197(13) of the Companies Act, 2013.