Intimation for appointment of Additional Directors (Executive Director) on the Board of Directors of the Company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) ....
Awaiting price reaction for this filing.
Unistar Multimedia Ltd has appointed three new Additional Directors (Executive) on its Board, effective June 17, 2025, subject to shareholder approval. The three appointees are Vaibhavkumar Anilbhai Patel, Kiritbhai Solanki (a banking and finance expert with ~10 years of experience), and Dhaval Dashrathbhai Patel (commerce graduate with finance and business experience). All appointments were recommended by the Nomination and Remuneration Committee and unanimously approved at the Board meeting held on June 17, 2025. The company has confirmed that none of the three new directors are related to any existing Director, KMP, or Promoter/Promoter group, and none are debarred by SEBI from holding a director position.
The addition of three executive directors with finance, IT/software, and banking backgrounds could strengthen the company's operational and strategic capabilities, though shareholder approval is still required at the next general meeting. Investors should watch for any further clarity on the roles, responsibilities, and strategic direction these new directors bring to this small-cap company.