Resignation of Internal auditor
Awaiting price reaction for this filing.
Unistar Multimedia Ltd has informed the BSE that its internal auditor, M/s. Tamakuwala And Co., Chartered Accountants (FRN: 114137W), resigned with effect from July 3, 2025. The auditor cited 'pre-occupation in other assignments' as the reason for stepping down, noting they could not devote sufficient time to the company's affairs. The internal auditor had been appointed for the financial year 2025-26, making this a mid-term exit very early in the fiscal year. The intimation to the exchange was made on November 7, 2025, roughly four months after the actual resignation date. No successor or replacement internal auditor has been named in this filing.
The change is in the internal auditor role, not the statutory auditor, and the reason cited is routine (workload constraints). However, the delay between the July 3 resignation and the November 7 exchange disclosure is notable and may raise minor governance concerns among investors. No immediate material impact on financials or stock price is expected, but shareholders should watch for appointment of a replacement internal auditor.