BSEUnistar Multimedia LtdHighNegative
Announced Mon, 16 Jun · 13:07 IST

As per the attachment

Sebi Market BanRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Unistar Multimedia has informed BSE that it received a notice dated June 13, 2025, from BSE Ltd. regarding discontinuation of weekly trading in the company's securities with effect from July 01, 2025. The action stems from non-submission of financial results for the quarters ended March 31, 2024, and June 30, 2024, which had already led to suspension of trading from December 13, 2024. The company states it has since rectified the non-compliances and filed an in-principle application for revocation of suspension on April 14, 2025. The company claims no material impact on its financials or operations. The announcement itself was delayed due to inadvertent oversight.

Likely market impact

Negative signal for shareholders — the stock remains under trading suspension, with weekly trading now being discontinued. However, since the company has filed for revocation of suspension, resumption of normal trading remains possible if BSE approves the application.