Heritage Foods Limited | 30th Annual Report 2021-22

30 th Annual Report 2021-22 Heritage Foods Limited 82 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 notified by the Ministry of Corporate Affairs 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 filed with the Registrar of Companies and the Central Government. c) The Annual General Meeting held on 23 rd July, 2021. 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 Directors met 5 times, i.e 12 th May, 2021, 20 th July, 2021, 13 th October, 2021, 19 th January, 2022, 14 March, 2022. 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 fee. 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 specifically 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 KLB & Associates CS Khusboo Laxmi Bhagat Place: Hyderabad M. No:9376, CP No:14703 Date: May 06, 2022 UDIN: F009376D000277919 ANNEXURE-A TO SECRETARIAL AUDIT REPORT To, The Members, Heritage Nutrivet Limited CIN: U15400TG2008PLC062054 # 6-3-541/C,4 th Floor, Irrum Manzil Colony Panjagutta, Hyderabad-500082, Telangana My report of even date is to be read along with this supplementary testimony. a) Maintenance of Secretarial record is the responsibility of management of the Company. Our responsibility is to express an opinion on these secretarial records based on our audit. b) I have followed the audit practices and processes that were appropriate to obtain reasonable assurance about the correctness of the contents of the secretarial records. The verification was done on a test basis to ensure that correct facts are reflected in secretarial records. I believe that the processes and practices I followed provide a reasonable basis for my opinion. c) I have not verified the correctness and appropriateness of financial records and Books of Accounts of the Company. d) Whenever required, I have obtained Management representation about the compliance of laws, rules and regulations and happenings of events etc. e) The Compliance of the provisions of Corporate and other applicable laws, rules and regulations, standards is the responsibility of management. My examination was limited to the verification of procedures on test basis. f) The Secretarial Audit is neither an assurance as to the future viability of the Company nor of the efficacy or effectiveness with which the management conducted the affairs of the Company. For KLB & Associates CS Khusboo Laxmi Bhagat Place: Hyderabad M. No:9376, CP No:14703 Date: May 06, 2022 UDIN: F009376D000277919