Page 127 - DJML Annual Report 24-25

DJ MEDIAPRINT & LOGISTICS LIMITED
CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS

a. Composition as on March 31, 2025 • Review and monitor the auditor’s • To carr o other functio
independence and performance, and mandated b the Board fro time to
The Board of Directors has constituted Committees Ms. Deeksha Devadiga , Independent Director
to deal with specific areas and activities which of the Company, resigned due to prior effectiveness of audit process; time and/ or enforced b statutor
concern the Company and requires a closer review. commitments and consequently she ceased • Approving initial or any subsequent notification, amendme or modification,
The Committees are formed with approval of the to be the Independent Director of the Company modification of transactions of the ma be applicable.
Board and functions under in accordance with w.e.f June 18, 2024. Mr. Ganesh Nathuram company with related parties; • To perfor other functio
powers it derived from the Board. These Committees Dhonde was appointed as Independent Director • Scrutinizing inter-corporate loans and ma be necessar or appropriate for the
play an important role in the overall management of of the Company for first term of 5 consecutive investments performance of duties.
day today affairs and governance of the Company. years w.e.f. June 18, 2024. Following this • Valuation of undertakings or assets of the
The Committees meet at regular intervals and take appointment, the Committee was reconstituted company, wherever it is necessary; c. Meetings and attendance:
necessary steps to perform its duties entrusted by and Mr. Ganesh Nathuram Dhonde was • Monitoring the end use of funds raised The Audit Committee met six (6) times during
the Board. The Minutes of the Committee Meetings appointed as the Chairperson of the Audit throug pub offer and related matters
are placed before the Board for noting. Committee, in place of Ms. Deeksha Devadiga. • Reviewing, the management, the financial year 2024-25 i.e., on May 16, 2024,
June 18, 2024, August 14, 2024, September
During the year, all recommendations of the Presently, the Committee comprises of two performance of statutor and interna 06, 2024, November 11, 2024 and February 13,
Committees of the Board have been accepted by (2) Non- Executive, Independent Directors- Mr. auditors, and adequa of the interna 2025. The Audit Committee meetings are also
the Board. Ganesh Dhonde and Mr. Navinchandra Rama contro systems;
Sanil, and one (1) Executive Director- Mr. Dinesh generally attended by the Chief Financial Officer
As on March 31, 2025, the Board has constituted Muddu Kotian, Chairman & Managing Director • Reviewing the adequa of interna aud and the representatives of Statutory and Internal
the following Committees: of the Company. function, if any, including the structure Auditors. For the financial year ended March 31,
of the interna aud department, staffing
• AUDIT COMMITTEE As on March 21, 2025, Mr. Ganesh Dhonde, and senior of the officia heading the 2025; the minutes of every meeting of Audit
• NOMINATION AND REMUNERATION Non- Executive, Independent Director of the department, reporting structure coverage Committee were approved by the Chairman of
COMMITTEE Company, headed the Audit Committee as and freque of interna audit; the Committee and taken note of, by the Board
Chairperson and Ms. Khushboo Mahesh Lalji, in every subsequent meeting.
• STAKEHOLDER RELATIONSHIP COMMITTEE Company Secretary acted as Secretary. The The details of attendance of the members in meetings are as follows:
• CORPORATE SOCIAL RESPONSIBILTY members of the Audit Committee are well
COMMITTEE versed in finance, accounts, company law and Position in the No. of Meetings
general business practices. Name of the Members Committee Designation held / Attended
during the year
The Audit Committee acts as a link between b. Term of Reference Ms. Deeksha Devadiga 1 Chairperson Non-Executive 2/2
Independent Director
the Statutory Auditors, Internal Auditors, the The terms of reference of Audit Committee are Non-Executive
Management and the Board is and entrusted with in conformity with Section 177 of the Act and Mr. Ganesh Nathuram Dhonde 1 Chairperson Independent Director 5/5
the responsibility to supervise the Company’s Regulation 18 of the SEBI Listing Regulations. Non-Executive
internal controls and financial reporting process. The brief terms of reference inter alia are as Mr. Navinchandra Rama Sanil Member Independent Director 6/6
The Audit committee interacts with the Internal follows: Chairman & Managing
Auditors, Statutory Auditors and reviews and • Overseeing the Company’s financial Mr. Dinesh Muddu Kotian Member Director 6/6
recommends their appointment and remuneration. reporting process and the disclosure of 1 Ms. Deeksha Devadiga , Independent Director of the Company, resigned due to prior commitments and
The Audit Committee is provided with all necessary its financial information to ensure that the consequently she ceased to be the Independent Director of the Company w.e.f June 18, 2024. Mr. Ganesh
assistance and information for enabling them to financial statements are correct, sufficient Nathuram Dhonde was appointed as Independent Director of the Company for first term of 5 consecutive years
carry out its function effectively. and credible; w.e.f. June 18, 2024. Following this appointment, the Committee was reconstituted and Mr. Ganesh Nathuram

The Committee’s composition meets the • Examination of the financial statement and Dhonde was appointed as the Chairperson of the Audit Committee, in place of Ms. Deeksha Devadiga.
requirements of Section 177 of the Act and Reg. the auditors’ report thereon
18 of the SEBI Listing Regulations. Members of the • Recommending to the Board, the
Audit Committee possess financial / accounting appointment, re-appointment and, if
expertise / exposure/ qualifications. required, the replacement or removal of the
auditor and the fixation of audit fees;

124 Annual Report 2024-25 Annual Report 2024-25 125