Unistar Multimedia Limited disclosed receiving a communication from the Registrar of Companies, Mumbai-II, concerning an inquiry into its historical statutory and corporate records. The notice was issued under Section 206(4) of the Companies Act, 2013.

The company informed stock exchanges of the development in a disclosure filed on September 2, 2026, pursuant to Regulation 30(13) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The inquiry focuses on specific periods and record types rather than alleging immediate financial liability.

Scope of Inquiry

The Registrar of Companies sought records, documents, explanations, and confirmations related to specified matters for verification. The inquiry covers two distinct timeframes based on the nature of the documents requested:

• Matters relating to FY20-21 onwards.
• Specified records and documents from April 1, 2022 onwards.

Key areas under examination include historical DIR-12 filings, changes in directorship, Board and General Meeting records and minutes, AGM and annual filings, selected historical financial statement items and transactions, auditor appointments or resignations, and compliance under Sections 89 and 90 of the Companies Act, 2013.

Financial Implications and Compliance Status

As of the disclosure date, no quantified financial liability or penalty has been imposed by the authority. The company stated that any potential financial implication cannot presently be quantified and would depend upon the outcome of the inquiry and any subsequent order. No final finding or determination of non-compliance or liability has been communicated to the company.

Company Response

Unistar Multimedia is undertaking an item-wise reconciliation of its corporate and statutory records alongside MCA filings. The company is compiling the documents and explanations sought to submit a response to the competent authority in accordance with the notice. The communication is described as an inquiry requiring submission of records rather than a final adjudication of liability.

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.