Page 99 - DJML Annual Report 24-25

DJ MEDIAPRINT & LOGISTICS LIMITED
CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS

h. Criteria for selection of Directors, KMPs c. Stakeholders’ Relationship Committee: 134(3) (h) read with Section 188 of the Act and Rule Your Company recognizes that strengthening
and Senior leadership positions and their During the financial year 2024-25, 1(one) 8(2) of the Companies (Accounts) Rules, 2014. internal controls is an ongoing process. It is
remuneration Accordingly, there are no transactions that are committed to continuously adapting its internal
Stakeholders’ Relationship Committee meeting required to be reported in Form AOC-2. controls to changing business needs and
On the recommendation of the Nomination was convened. The composition of the environment, ensuring they remain effective and
and Remuneration Committee, the Board of the Stakeholders’ Relationship Committee is given The Policy on Materiality of Related Party relevant. This commitment reflects the Company’s
Company has adopted a policy for selection in the Corporate Governance Report, forming Transactions and dealing with Related Party dedication to maintaining a robust system of
and appointment of Directors, Key Managerial part of this Annual Report. Transactions as approved by the Board of Directors internal controls that supports its operations and
Personnel and Senior Management and their of the Company can be viewed on the website of the financial reporting.
remuneration. The policy is available on the d. Corporate Social Responsibility Committee Company through the link: https://www.djcorp.in/
XII. AUDITORS AND AUDITORS’ REPORT:AUDITORS AND AUDITORS’ REPORT:
Company’s website at the weblink: https://www. During the financial year 2024-25, 2(two) pages/POLICY%20ON%20RELATED%20PARTY%20 XII.
djcorp.in/images/Nomination%20and%20 Corporate Social Responsibility Committee TRANSACTIONS.pdf a) Statutory Auditors & their Report
remuneration%20Policy.pdf meetings were convened. The composition of XI. INTERNAL FINANCIAL CONTROLS AND THEIRINTERNAL FINANCIAL CONTROLS AND THEIR Pursuant to the provisions of Section 139 of the
XI.
The policy contains, inter-alia, principles the Corporate Social Responsibility Committee ADEQUACYADEQUACY Companies Act, 2013, read with the Companies
governing Directors’, KMPs, Senior Management is given in the Corporate Governance Report, Your Company has established robust internal (Audit and Auditors) Rules, 2014, as amended from
Personnel appointment and remuneration, forming part of this Annual Report. financial controls that are commensurate with its time to time, M/s. ADV & Associates., Chartered
including criteria for determining qualifications, X. X. PARTICULARS size, scale, and complexity of operations. These Accountants (FRN: 128045W) were appointed as
PARTICULARS OF CONTRACTS WITH RELATEDOF CONTRACTS WITH RELATED
positive attributes, independence of Directors, PARTIES / RELATED PARTY TRANSACTIONSPARTIES / RELATED PARTY TRANSACTIONS controls are designed to ensure the accuracy, the Statutory Auditors of the Company for a second
etc. reliability, and transparency of financial reporting. term of 5 (five) consecutive years from conclusion
All transactions entered by the Company during the To reinforce these systems, regular audits and of the 15 Annua Gener Meeting the
th
VIII. MEETINGS OF THE BOARDTINGS OF THE BOARD
VIII. MEE th
financial year 2024-25 with related parties were in review processes are conducted, ensuring their conclusio of the 20 Gener Meeting of
During the financial year 2024-25, 6(six) Board compliance with the provisions of the Companies effectiveness and relevance. the Company, to be held for the fi year 2029-
meetings were convened. Act, 2013 and SEBI Listing Regulations. All such The Company’s Auditors have audited and 30, a remuneratio ma be determined b
The details of Board and Committee meetings transactions were approved by the Audit Committee assessed the Internal Financial Controls during the Board of Directors.
held during the year under review, are given in the and the Board, from time to time and the same the financial year under review, in accordance with The Statutor Auditor have confirmed their
Corporate Governance Report, forming part of this are disclosed in the financial statements of your the Guidance Note on Audit of Internal Financial eligib under Sectio 141 of the Companie
Annual Report. The gap between these meetings Company for the financial year under review. The Controls over Financial Reporting issued by The Act, 2013. Further, a required under the relev
was within the prescribed period under the Act and Company had obtained prior approval of the Audit Institute of Chartered Accountants of India. Based regulatio of SEBI Listing Regulations, the Statutor
the SEBI Listing Regulations. Committee for all the related party transactions on the assessment, no material weaknesses were Auditor had also confirmed the had subjected
during the Financial Year 2024-25 as envisaged in observed in the effectiveness of internal control themselve to the peer revie proce of the
I IX. COMMITTEES OF BOARD:X. COMMITTEES OF BOARD: systems, and no deficiencies in design or operation Institute of Chartered Accou of Ind (ICAI
Regulation 23(2) of the SEBI Listing Regulations
a. Audit Committee and Section 177 of the Companies Act, 2013. were noted. and the hold a valid certificate issued b the Peer
Revie Board of ICAI.
During the financial year 2024-25, 6(six) Audit Further, the Audit Committee had given prior The Statutory Auditors have examined the internal
Committee meetings were convened. The omnibus approval under Regulation 23(3) of the financial controls and submitted an unmodified The Auditor Repor o the F Statements,
bo Standalone and Consolidated for the fi
opinion on the adequacy and operating effectiveness
composition of the Audit Committee is given in SEBI Listing Regulations and provisions of Section of internal controls over financial reporting for the year ended Mar 31, 2025 doe no co
the Corporate Governance Report, forming part 177 of the Companies Act, 2013, for related party financial year ended March 31, 2025. This opinion qualifications, reservatio or adverse remar and
of this Annual Report. The Board has accepted transactions that are foreseen and of repetitive underscores the Company’s commitment to for par of Annua Report.
all recommendations of the Audit Committee nature during the period under review and the maintaining strong internal controls.
during the year under review. The Note to the Financia Stateme (Standalone
required disclosures were made to the Committee The Internal Auditor reports to the Audit Committee, and Consolidated are self-explanator and do no
b. Nomination and Remuneration Committee: on quarterly basis. which comprises Independent Directors, ensuring ca for a further comments.
During the financial year 2024-25, 2(two) The Company had not entered into any contract/ objectivity and transparency in the audit process. b) Secretarial Auditor & their Report
Nomination and Remuneration Committee arrangement/ transaction with related parties The Company has also implemented a delegation
meetings were convened. The composition of which could be considered material in accordance of authority framework, which creates effective Pursuant to the provisions of Section 204 of
the Nomination and Remuneration Committee with the Policy of the Company on Materiality of checks and balances to prevent gaps. Notably, no the Companies Act, 2013 and the Companies
is given in the Corporate Governance Report, Related Party Transactions or which is required to letters of internal control weaknesses were issued (Appointment and Remuneration of Managerial
forming part of this Annual Report. be reported in Form No. AOC-2 in terms of Section by the Internal Auditor or Statutory Auditors during Personnel) Rules, 2014, the Company had appointed
the financial year.
M/s. Abbas Jawadwala & Associates, Practicing

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