Intimation for Resignation of Managing Director Mrs. Alka Rajendra Mehta
Awaiting price reaction for this filing.
Unistar Multimedia Ltd has informed BSE that Ms. Alka Rajendra Mehta (DIN: 03306793) has resigned from her positions as Managing Director and Director of the company, effective September 1, 2025. She cited pre-occupation in other business activities as the reason for stepping down. Notably, there is a significant gap between her resignation date (September 1, 2025) and the date of intimation to the stock exchange (November 24, 2025), which represents a delayed disclosure under SEBI listing regulations.
The sudden exit of the Managing Director, the highest executive position in the company, may raise governance concerns and create leadership uncertainty. The delayed intimation to the exchange could attract regulatory scrutiny and dent investor confidence in the stock.