Heritage Foods Limited | 30th Annual Report 2021-22

30 th Annual Report 2021-22 Heritage Foods Limited 124 j) During the year there were no instances where Board had not accepted any recommendation of any Committee of the Board which is mandatorily required. k) Remuneration/Fees of Statutory Auditor: During the year under review your Company and its Subsidiary/Associate/ Joint Venture Company paid the following remuneration/ fees to the Statutory Auditor namely M/s. Walker Chandiok & Co. LLP, Chartered Accountants (FRN 001076N/N500013). ( ` in Millon) Particulars Heritage Foods Limited Heritage Nutrivet Limited Skil Raigam (India) Limited Heritage Novandie Foods Private Limited Statutory Audit fee 5.07 0.60 0.09 0.59 Limited review fee 1.73 - - - Certification fee 0.48 0.19 - - Tax audit fee 0.82 0.15 - - Taxation matters 0.19 - - - Reimbursement of Expenses 0.15 0.08 - Total 8.44 1.02 0.09 0.59 l) Disclosures in relation to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 as amended from time to item: a) No of complaints filed during the financial year: Nil b) No of complaints disposed of during the financial year: Nil c) No of complaints pending as on end of the financial year: Nil m) Disclosures regarding the appointment or reappointment of independent directors: The Companies Act, 2013 and Rules made thereof as amended from time to time provides for the appointment of independent directors. Sub-section (10) of Section 149 of the Companies Act, 2013 provides that independent directors shall hold office for a term of up to five consecutive years on the board of a company; and shall be eligible for reappointment on the passing of a Special Resolution by the members of the Company. Accordingly, all independent directors were appointed by the members at the general meeting as required under Section 149(10). Further, Section 149(11) states that no independent director shall be eligible to serve on the Board for more than two consecutive terms of five years each. Section 149(13) states that the provisions of retirement by rotation as defined in Sub- sections (6) and (7) of Section 152 of the Act shall not apply to such independent directors. The Company has issued formal letter of appointment to all the Independent Directors on their appointment inter-alia explaining their roles, responsibilities, code of conduct, their functions and duties as directors of the Company. The terms and conditions of the appointment of Independent Directors have been uploaded on the website of the Company and can be accessed at https://www. heritagefoods.in/policy n) Preservation of Documents The Company has adopted the policy on preservation of documents in accordance with Regulation 9 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Documents Preservation Policy is available on the website of the Company at https://www.heritagefoods.in/policy o) Policy on Determination of Materiality of events and information for Disclosures: Regulation 30 of SEBI Listing Regulations: The Company has adopted a Policy on Determination of Materiality for Disclosures. The URL of policy is https://www.heritagefoods . in/policy p) Policy on Archival and Preservation of Documents: Regulation 9 of SEBI Listing Regulations The Company has adopted a Policy on Archival and Preservation of Documents. The URL of the policy is at https://www.heritagefoods . in/policy q) Code of Conduct: Regulation 17 of the SEBI Listing Regulations The members of the Board and Senior Management Personnel have affirmed compliance with the Code of Conduct applicable to them during the year ended March 31, 2022. The Annual Report of the Company contains a certificate by the Vice Chairperson and Managing Director, on the compliance declarations received from Independent Directors, Non-Executive Directors and Senior Management. The weblink is https://www.heritagefoods.in/policy r) During FY 2021-22, information as mentioned in Part A of Schedule II of SEBI Listing Regulations, has been placed before the Board for its consideration. The Board periodically reviews the compliance reports of all laws applicable to the Company.