Heritage Foods Limited

STATUTORY REPORTS Corporate Governance 29 th Annual Report 2020-21 | 141 13. The Disclosure of the compliance with corporate governance requirements speci fi ed in regulation 17 to 27 and clauses (b) to (i) of sub-regulation (2) of Regulation 46 of Listing Regulations are as follows: Sr. No. Particulars Regulation Compliance Status Yes/No/NA 1. Board of Directors 17 Yes 2. Audit Committee 18 Yes 3. Nomination and Remuneration Committee 19 Yes 4. Stakeholders Relationship Committee 20 Yes 5. Risk Management Committee 21 Yes 6. Vigil Mechanism 22 Yes 7. Related Party Transaction 23 Yes 8. Subsidiaries of the Company 24 Yes 9. Obligations with respect to Independent Directors 25 Yes 10. Obligations with respect to employees including Senior Management, Key Managerial Personnel, Directors and Promoters 26 Yes 11. Other Corporate Governance requirements 27 Yes 12 Website 46(2) Yes 14. CEO and CFO Certi fi cation The Vice Chairperson & Managing Director and the Chief Financial O ffi cer of the Company has given annual certi fi cation on fi nancial reporting and internal controls to the Board in terms of Regulation 17(8) of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015. Vice Chairperson & Managing Director and the Chief Financial O ffi cer also provide quarterly certi fi cation on fi nancial results while placing the fi nancial results before the Board in terms of Regulation 33(2)(a) of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015. The annual certi fi cate given by the Vice- Chairperson & Managing Director and the Chief Financial O ffi cer forming part of the Annual Report. 15. Compliance Certi fi cate from the Auditors Certi fi cate from Statutory Auditors of the Company M/s. Walker Chandiok & Co. LLP, Chartered Accountants (FRN:001076N/N500013), Hyderabad, con fi rming Compliance with the conditions of Corporate Governance as stipulated under SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 is forming part of the Annual Report. 16. Transfer of unpaid/unclaimed amounts to Investor Education and Protection Fund During the year under review, the Company has credited ₹ 1,115,461/- (Eleven Lakhs Fifteen Thousand Four Hundred Sixty One Only) towards the unclaimed/ unpaid dividend amount for the fi nancial year 2012-13 to the Investor Education and Protection Fund (IEPF) pursuant to Section 124(5) of the Companies Act, 2013 [Section 205C (2) of the Companies Act, 1956] read with the Investor Education and Protection Fund (awareness and protection of Investors) Rules, 2001 as amended from time to time. In compliance with the provisions of Section 124 of the Companies Act, 2013, the Company has transferred the 63,880 equity shares belongs to 61 members of the company to the Investor Education and Protection fund Authority (IEPF) on October 16, 2020 of those members who have not claimed the dividends for a continuous period of 7 years. Pursuant to Section 124(5) of the Companies Act, 2013 [Section 205C (2) of the Companies Act, 1956] readwith the Investor Education and Protection Fund (awareness and protection of Investors) Rules, 2001 as amended from time to time the unclaimed/unpaid dividend and the shares thereof pertaining for the fi nancial year 2013-14 shall be transferred to the Investor Education and Protection Fund during the fi nancial year 2021-22. 17. Secretarial Audit A quali fi ed practicing Company Secretary has carried out Secretarial Audit every quarter to reconcile the total admitted capital with National Securities Depository Limited (NSDL) and Central Depository