Heritage Foods Limited

FINANCIAL STATEMENTS Standalone 29 th Annual Report 2020-21 | 185 Summary of the signi fi cant accounting policies and other explanatory information (All amounts in ₹ millions, except share data and where otherwise stated) S. No Name Outstanding balance as on* Interest rate Repayment terms Type of security 31 March 2021 31 March 2020 (%) 12 Kotak Mahindra Bank - 232.97 One year MCLR + spread per annum The loan was pre-paid in full during the year ended 31 March 2021. The security on the underlying loan was discharged on pre-payment of the loan during the year ended 31 March 2021. 13 Kotak Mahindra Bank - 124.37 One year MCLR + spread per annum The loan was pre-paid in full during the year ended 31 March 2021. The security on the underlying loan was discharged on pre-payment of the loan during the year ended 31 March 2021. 14 Kotak Mahindra Bank 50.89 - One year MCLR + spread per annum The loan has been swapped with Yes Bank during the year ended 31 March 2021. Repayable in 16 quarterly install- ments commenced from September 2020 and ending in June 2024. -Exclusive charge on assets fi nanced by the loan taken. 15 Kotak Mahindra Bank 229.38 - One year MCLR + spread per annum The loan has been swapped with Yes Bank during the year ended 31 March 2021. Repayable in 24 quarterly install- ments commenced from November 2020 and ending in August 2026. -Exclusive charge on assets fi nanced by the loan taken. 16 Yes Bank - 67.03 One year MCLR per annum Repayable in 24 quarterly installments commenced from September 2018 and ending in June 2024. The loan has been swapped with Kotak Bank during the year ended 31 March 2021. -Exclusive charge on assets fi nanced by the loan taken. 17 Yes Bank - 94.35 One year MCLR per annum Repayable in 24 quarterly installments commenced from November 2020 and ending in August 2026. The loan has been swapped with Kotak Bank during the year ended 31 March 2021. -Exclusive charge on assets fi nanced by the loan taken. 18 ICICI Bank - 152.78 One year IMCLR + spread per annum The loan was pre-paid in full during the year ended 31 March 2021. The security on the underlying loan was discharged on pre-payment of the loan during the year ended 31 March 2021. 19 ICICI Bank - 69.53 One year IMCLR + spread per annum The loan was pre-paid in full during the year ended 31 March 2021. The security on the underlying loan was discharged on pre-payment of the loan during the year ended 31 March 2021. 20 ICICI Bank - 44.81 One year IMCLR + spread per annum + applicable interest tax or other statutory levy, if any. The loan was pre-paid in full during the year ended 31 March 2021. The security on the underlying loan was discharged on pre-payment of the loan during the year ended 31 March 2021.