Heritage Foods Limited

STATUTORY REPORTS Board’s Report 29 th Annual Report 2020-21 | 89 Annexure - 4 THE ANNUAL REPORT ON CSR INITIATIVES 1. Brief outline on CSR Policy of the Company The Board of Directors has adopted a CSR policy to enable the Company to carry-out CSR activities in all the activities that are mentioned in the Schedule VII to the Companies Act, 2013. The CSR initiatives of the Company are mainly focused in hunger, poverty, education, healthcare, environment, releif, disaster management etc. and Covid-19 releated activities as permitted by the law. The projects undertaken during the Financial Year 2020-21 were within the broad framework of Schedule VII to the Companies Act, 2013. Details of the CSR policy of the Company is available on the website of the Company at www.heritagefoods.in . 2. Composition of CSR Committee: Sl. No. Name of Director Designation / Nature of Directorship Number of meetings of CSR Committee held during the year Number of meetings of CSR Committee attended during the year 1 Mr. D Seetharamaiah* Chairman 1 1 2 Mr. Rajesh Tahkur Ahuja^ Chairman 1 - 3 Mr. N Srivishnu Raju Member 1 1 4 Mrs. N Bhuvaneswari Member 1 1 * Mr. D Seetharamaiah has resigned from the Committee on 1 st July, 2020 ^ Mr. Rajesh Thakur Ahuja has appointed as Chairman of the Committee wef. 1 st July, 2020 3. The web-link where Composition of CSR committee, CSR Policy and CSR projects approved by the board are disclosed on the website of the company: Composition of CSR Committee: https://www.heritagefoods.in/committee CSR Policy: https://www.heritagefoods.in/policy CSR Projects: https://www.heritagefoods.in/static/images/pdf/CSR%20Activities%20for%20FY%202021-22.pdf 4. The details of Impact assessment of CSR projects carried out in pursuance of sub-rule (3) of rule 8 of the Companies (Corporate Social responsibility Policy) Rules, 2014, if applicable: (attach the report): Not Applicable 5. The amount available for set o ff in pursuance of sub-rule (3) of rule 7 of the Companies (Corporate Social responsibility Policy) Rules, 2014 and amount required for set o ff for the fi nancial year, if any: Sl. No. Financial Year Amount available for set-o ff from preceding fi nancial years (in Rs) Amount required to be set-o ff for the fi nancial year, if any (in Rs) Not Applicable 6. Average net pro fi t of the company as per section 135(5) : ` 1028.06 millon for FY 2019-20 7. Sl. No. Particulars Amount ( ` in Millon) 1 Two percent of average net pro fi t of the company as per section 135(5) as on 31st March, 2020 [A] 20.56 2 Surplus arising out of the CSR projects or programmes or activities of the previous fi nancial years [B] - 3 Amount required to be set o ff for the fi nancial year, if any [C] - Total CSR obligation for the fi nancial year 2020-21 [A]+[B]+[C] 20.56