Heritage Foods Limited | 30th Annual Report 2021-22

Financial Statements Company Overview Statutory Reports 73 Sr. No. Name(s) of the related party Nature of Relationship Nature of contracts/arrangements / transactions Value of contracts/ arrangements/ transactions during the Year ( ` In Millions) Duration of contracts/ arrangements/ transactions 5. Basavatarakam Indo-American Cancer Hospital Executive Director of the Company is one of the trustee Others (Staff welfare expenses) 0.93 During FY 2021-22 6. Mrs. N. Bhuvaneswari Key Managerial personnel (Vice Chairperson and Managing Director) Short-term employee benefits 76.93 As per terms of appointment Post-employment benefits 0.97 Other long-term benefits 0.87 7. Mrs. N. Brahmani Key Managerial personnel (Executive Director) Short-term employee benefits 61.54 As per terms of appointment Post-employment benefits 0.49 8. Dr. M. Sambasiva Rao Key Managerial personnel (President) Short-term employee benefits 27.65 As per terms of appointment Post-employment benefits 0.76 Other long-term benefits 1.39 9 Mr. Srideep Madhavan Nair Kesavan Key Managerial personnel (CEO) Short-term employee benefits 10.19 As per terms of appointment Post-employment benefits 0.55 10. Mr. A. Prabhakara Naidu Key Managerial personnel (Chief Financial Officer) Short-term employee benefits 7.96 As per terms of appointment Post-employment benefits 0.40 Other long-term benefits 0.22 11 Mr. Umakanta Barik Key Managerial personnel (Company Secretary & Compliance Officer) Short-term employee benefits 3.81 As per terms of appointment Post-employment benefits 0.19 Other long-term benefits 0.64 12 Mr. N Srivishnu Raju Non-Executive Independent Directors Sitting fees 0.53 During FY 2021-22 13 Mr. Rajesh Thakur Ahuja Non-Executive Independent Directors Sitting fees 0.56 During FY 2021-22 14 Mrs. Aparna Surabhi Non-Executive Independent Directors Sitting fees 0.56 During FY 2021-22 15 Mr. Muthu Raju Paravasa Raju Vijay Kumar * Non-Executive Independent Directors Sitting fees 0.15 During FY 2021-22 16 Dr. V Nagaraja Naidu Non-Executive Directors Sitting fees 0.39 During FY 2021-22 Note: Appropriate approvals have been taken from the Audit Committee and Board for the Related Party Transactions by the Company and no amount paid as advance for the above Related Party Transaction. * Hereinafter referred as Mr. M P Vijay Kumar For and on behalf of the Board of Directors N. BHUVANESWARI N. BRAHMANI Place : Hyderabad Vice Chairperson & Managing Director Executive Director Date : May 27, 2022 (DIN: 00003741) (DIN : 02338940) Board’s Report