Page 176 - DJML Annual Report 24-25

DJ MEDIAPRINT & LOGISTICS LIMITED
(viii)There are no transactions that were not recorded
in the books of account, and which has been
surrendered or disclosed as income during the year
(f)
in the tax assessments under the Income Tax Act,
1961 (Section 43 of 1961), hence sub-clause 3(viii)
of the Companies (Auditors Report) Order, 2020 is
not applicable to the company.
(ix) (a) According to the information and explanations
given to us, the Company has not defaulted in
repayment of its loans or borrowings or in the
payment of interest thereon to any lender.
(b) According to the information and explanations
given to us including representation received
from the management of the Company, and on
the basis of our audit procedures, we report that
the Company has not been declared a wilful
defaulter b a ba or financia institutio or
government or any government authority hence
sub-clause 3(ix) (b) of the Companies (Auditors
Report) Order, 2020 is not applicable to the
(b) According to information and explanation given
company.
(c) To the best of our knowledge and belief and
according to the information and explanations
given to us, in our opinion, term loans availed
by the Company were, applied by the Company
during the year for the purposes for which the
loans were obtained.
(d) According to information and explanation given
to us, the records examined by us and based
on examination of the documents provided to
us. O a overa examinatio of the financia
statements of the company, we report that no
funds raised on short-term basis have been
used for long-term purposes by the company,
hence sub-clause 3(ix) (d) of the Companies
(Auditor Repor Order, 2020 no applicable
to the company.
(e) According to information and explanation given
to us, the records examined by us and based
on examination of the documents provided to
us. The company has not taken any funds from
any entity or person on account of or to meet
the obligations of its subsidiaries, associates
or joint ventures, hence sub-clause 3(ix)(e) of
173 Annual Report 2024-25
the Companies (Auditor Repor Order, 2020
not applicable to the company.
According to information and explanation given
to us, the records examined by us and based
on examination of the documents provided to
us. The company has not raised loans during
the year on the pledge of securities held in
its subsidiaries, joint ventures or associate
companies, hence sub-clause 3(ix)(f) of the
Companie (Auditor Repor Order, 2020 no
applicable to the company.
(x)(a) According to information and explanation given
to us, the records examined by us and based
on examination of the documents provided to
us, the company has not raised money by way
of further public offer during the year. Hence
sub-clause 3(x)(a) of the Companies (Auditors
Report) Order, 2020 is not applicable to the
company.
to us, the records examined by us and based on
examination of the documents provided to us,
the Company has made preferential allotment
/ private placement of shares / fully / partly /
optionally convertible debentures during the
year under review. Accordingly, clause 3(x)(b)
of the Order applicable.
The Board of Directors of the Company, in their
meeting held on 06th September, 2024 approved
a issuance of 82,33,359 Convertible Warrants on
Preferential basis, each convertible into 1 (one)
Equity Shares of face value of Rs10/-(Rupees
Ten only) each fully paid up at a premium of
Rs.104/ per share (“the e share i.e.,
1 warrant converted into 1 equity shares of
face value of Re. 10/- each fully paid up at a
pre of Rs. 104/ per share to proposed
allottees, on preferential basis, up to an amount
of 93,86,02,926 at a issuance price of Rs114.00
per Warrants (derived pursuant to SEBI(Issue
of Capital and Disclosure Requirements)
Regulations. 2018). Shareholders of the
Company, vide Resolution passed through
notice posta Ballo dated 06 October, 2024