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.