Heritage Foods Limited

STATUTORY REPORTS Board’s Report 29 th Annual Report 2020-21 | 87 (e) The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008; Not Applicable (f) The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act and dealing with client; Not Applicable (g) The Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009; Not Applicable. (h) The Securities and Exchange Board of India (Buyback of Securities) Regulations, 1998; Not Applicable (i) The Securities and Exchange Board of India (Listing Obligation & Disclosure Requirements) Regulations, 2015; Not Applicable We have also examined compliance with the applicable clauses of the following as amended from time to time: (i) Secretarial Standards issued by The Institute of Company Secretaries of India, New Delhi. During the period under review the Company has complied with the provisions of the Act, Rules, Regulations, Guidelines, Standards, etc. mentioned above. I further report that, the Company has, in my opinion generally complied with the provisions of the Companies Act, 2013 and the Rules made there under that Act as noti fi ed by the Ministry of Corporate A ff airs and the Memorandum and Articles of Association of the Company, with regard to a) Maintenance of various statutory registers and documents and making necessary entries therein. b) Forms, returns, documents and resolutions required to be fi led with the Registrar of Companies and the Central Government. c) The Annual General Meeting held on 21 st August, 2020. d) Minutes of the proceedings of General meetings and of the Board Meetings. e) Constitution of the Board of Directors, appointment, retirement and reappointment of Directors including the Managing Director. f) During the year under review the Board of Directorsmet 5 times, i.eMay 21, 2020, July 24, 2020, October 23, 2020, January 19, 2021 and March 24, 2021. The time gap between the two Board meetings is within 120 days as per the Secretarial Standard-1. g) No Payment of remuneration was made to Directors including the Managing Director/Whole-time Directors except sitting fees for attending Board and Committee Meetings. I further report that, having regard to the compliance system prevailing in the Company and on examination of the relevant documents and records in pursuance thereof, on test-check basis, the Company has generally complied with the applicable laws applicable speci fi cally to the Company. I further report that, based on the information received and records maintained there are adequate systems and process in the Company commensurate with the size and operations of the company to monitor and ensure compliance with applicable laws, rules, regulations and guidelines. For K L B & ASSOCIATES CS Khusboo Laxmi Bhagat Place: Hyderabad M. No:9376, CP No:14703 Date: 22-04-2021 UDIN: FOO9376C000157953