Heritage Foods Limited

FINANCIAL STATEMENTS Standalone 29 th Annual Report 2020-21 | 181 17 Equity share capital Particulars As at 31 March 2021 As at 31 March 2020 Number Amount Number Amount i. Authorised share capital Equity shares of ₹ 5 each 96,000,000 480.00 96,000,000 480.00 Preference shares of ₹ 10 each 2,000,000 20.00 2,000,000 20.00 500.00 500.00 ii. Issued, subscribed and fully paid up Equity shares of ₹ 5 each 46,398,000 231.99 46,398,000 231.99 46,398,000 231.99 46,398,000 231.99 iii. Reconciliation of number of equity shares outstanding at the beginning and end of the year Equity shares At the beginning of the year 46,398,000 231.99 46,398,000 231.99 Changes during the year - - - - At the end of the year 46,398,000 231.99 46,398,000 231.99 iv. Rights, preferences and restrictions attached to equity shares The Company has only one class of issued, subscribed and paid up equity shares having a par value of ₹ 5 each per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividend in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the Annual General Meeting. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the share holders. v. Details of shareholders holding more than 5% equity shares in the Company Name of the equity shareholders As at 31 March 2021 As at 31 March 2020 Number % holding Number % holding N Bhuvaneswari 10,661,652 22.98% 10,661,652 22.98% Nirvana Holdings Private Limited 5,145,684 11.09% 5,145,684 11.09% Nara Lokesh 4,732,800 10.20% 4,732,800 10.20% Megabid Finance & Investment Private Limited 2,447,600 5.28% 2,447,600 5.28% vi. The Company has not issued any equity shares pursuant to contract without payment being received in cash or by way of bonus shares or bought back any equity shares during the last fi ve years preceding the balance sheet date. Summary of the signi fi cant accounting policies and other explanatory information (All amounts in ₹ millions, except share data and where otherwise stated)