Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Reguations, 2015 ("SEBI Listing Regulations") read with Schedule III, we wish to inform you that ....
Awaiting price reaction for this filing.
The Board of Directors of Unistar Multimedia Ltd, based on the recommendation of the Nomination and Remuneration Committee, has approved the appointment of Mr. Manjotsingh Surjitsingh Oberoi as the Chief Executive Officer (CEO) of the company, effective September 6, 2025. He has also been appointed as an Executive Director, with his CEO term running for 5 years or until earlier resignation/retirement. Mr. Oberoi holds an MA from TATA Institute of Social Sciences, Mumbai, and brings over 25 years of experience across industries including industrial security services, manpower, fleet management, fuel pump operations, poultry, dairy, and restaurants. The disclosure was delayed due to a technical upload issue at the exchange portal, which the company has attributed to procedural reasons and assured better compliance going forward.
This is a fresh leadership appointment that brings a seasoned business professional to head the company. The 5-year CEO term suggests a long-term strategic direction. The delay in disclosure, while flagged, is described as procedural and unlikely to materially affect the stock.