Heritage Foods Limited | 30th Annual Report 2021-22

30 th Annual Report 2021-22 Heritage Foods Limited 160 ii. Issued, subscribed and fully paid up 31 March 2022 31 March 2021 Number Amount Number Amount Equity shares of ` 5 each 4,63,98,000 231.99 4,63,98,000 231.99 4,63,98,000 231.99 4,63,98,000 231.99 iii. Reconciliation of number of equity shares outstanding at the beginning and end of the year 31 March 2022 31 March 2021 Number Amount Number Amount Equity shares At the beginning of the year 4,63,98,000 231.99 4,63,98,000 231.99 Changes during the year - - - - At the end of the year 4,63,98,000 231.99 4,63,98,000 231.99 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 31 March 2022 31 March 2021 Number % holding Number % holding Name of the equity shareholders N Bhuvaneswari 1,06,61,652 22.98% 1,06,61,652 22.98% Nirvana Holdings Private Limited 51,45,684 11.09% 51,45,684 11.09% Nara Lokesh 47,32,800 10.20% 47,32,800 10.20% Megabid Finance & Investment Private Limited 24,47,600 5.28% 24,47,600 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 five years preceding the balance sheet date. vii. Shareholding of Promoters as at 31 March 2022 Name of the promoter * As at 31 March 2022 As at 31 March 2021 % Change during the year No.of Shares % of total shares No.of Shares % of total shares N Bhuvaneswari 1,06,61,652 22.98% 1,06,61,652 22.98% 0.00% Nara Lokesh 47,32,800 10.20% 47,32,800 10.20% 0.00% Megabid Finance & Investment Private Limited 24,47,600 5.28% 24,47,600 5.28% 0.00% N Brahmani 2,03,200 0.44% 2,03,200 0.44% 0.00% V Naga Raja Naidu 1,00,000 0.22% 1,00,000 0.22% 0.00% Devaansh Nara 26,440 0.06% 26,440 0.06% 0.00% Ramakrishna Nandamuri 400 0.00% 400 0.00% 0.00% N P Ramakrishna 56,971 0.12% 200,000 0.43% (0.31)% Durga Ramakrishna N P 33,756 0.07% 40,000 0.09% (0.01)% Neelima N P 30,625 0.07% 40,000 0.09% (0.02)% Kathya N P - - 60,000 0.13% (0.13)% * Details of promoters are identified based on information submitted with the stock exchanges as per SEBI (LODR) Regulations, 2015 (as amended) and the Annual Returns filed in accordance with the provisions of Section 92 of the Act. Summary of the significant accounting policies and other explanatory information (All amounts in ` millions, except share data and where otherwise stated)