As per the attachment
Awaiting price reaction for this filing.
Unistar Multimedia Ltd filed its Annual Secretarial Compliance Report for FY 2024-25, revealing multiple SEBI LODR compliance failures and significant penalties. During FY 2024-25, the company delayed filing its shareholding pattern (Rs. 4.34 lakh fine), corporate governance report (Rs. 44,840 fine), and audited financial results for June and September 2024 quarters (Rs. 6.37 lakh fine). It also failed to appoint a qualified company secretary within the required 3-month window after a vacancy (Rs. 1.03 lakh fine). Several prior-year violations were also disclosed, including a 10.97 lakh fine for delayed annual report filing, 6.90 lakh fine for late financial results, and other penalties for delayed shareholding patterns, investor grievance reports, and corporate governance reports. The AGM for FY 2023-24 was held 151 days late (March 2025 instead of September 2024), and the company did not file required intimation for the resignations of its statutory and internal auditors.
This filing paints a deeply concerning picture of corporate governance at Unistar Multimedia, with cumulative fines likely exceeding Rs. 45 lakh across multiple violations and recurring delays in regulatory filings. Shareholders should be worried about potential further regulatory action, continued BSE penalties, and possible delisting risk if compliance does not improve materially.