Heritage Foods Limited | 30th Annual Report 2021-22

Financial Statements Company Overview Statutory Reports 89 Sr. No. Questions P1 P2 P3 P4 P5 P6 P7 P8 P9 1. Do you have a policy/policies for: Y Y Y Y Y Y Y Y Y 2. Has the policy been formulated in consultation with the relevant stakeholders? Y Y Y Y Y Y Y Y Y 3. Does the policy conform to any national / international standards? If yes, specify? (50 words) Yes. The policies are based on the ‘National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business’ released by the Ministry of Corporate Affairs, Govt of India 4. Has the policy being approved by the Board? If yes, has it been signed by MD/Owner/CEO/appropriate Board Director? Yes. The policies have been approved by the Board and signed by the Vice Chairperson and Managing Director. 5. Does the company have a specified committee of the Board/ Director/ Official to oversee the implementation of the policy? Yes, the Company’s officials/ respective departments are authorised to oversee the implementation of the policy 6. Indicate the link for the policy to be viewed online ? Policies are available in the following link: https://www. heritagefoods.in/uploads/investors/pdf/16093093834B_R_ Policy.pdf 7. Has the policy been formally communicated to all relevant internal and external stakeholders? Yes, the policies have been communicated to all the internal and external stakeholders 8. Does the company have in-house structure to implement the policy/ policies? Y Y Y Y Y Y Y Y Y 9. Does the Company have a grievance redressal mechanism related to the policy/ policies to address stakeholders’ grievances related to the policy/policies? Yes, any grievances or feedback to the policies can be sent to hfl@ heritagefoods.in 10. Has the company carried out independent audit/evaluation of the working of this policy by an internal or external agency? The Policy relating to Environment, Health and Safety are evaluated by internal as well as external ISO audit agencies. The Whistle Blower Policy is reviewed by the Audit Committee of the Board annually. 2.2. If answer to Sr. No.2.1 against any principle is ‘No’, please explain why: (Tick up to 2 options) Not applicable since the response to none of the Principles is in negative. 3. Governance related to BR Indicate the frequency with which the Board of Directors, Committee of the Board or CEO to assess the BR performance of the Company. Within 3 months, 3-6 months, annually, more than 1 year. There is no defined frequency. Assessment is an ongoing exercise and is an inherent part of corporate functions. Does the Company publish a BR or a Sustainability Report?What is the hyperlink for viewing this report? How frequently it is published? No Section E: Principle-wise Performance Principle 1: Business should conduct and govern themselves with Ethics, Transparency and Accountability 1.1 Does the policy relating to ethics, bribery and corruption cover only the company? Does it extend to the Group/Joint Ventures/ Suppliers/Contractors/NGOs /Others? The Company adopted the Code of Ethics and Business Policies governing conduct of business of the Company in an ethical manner. The Company encourages its business partners to follow the code. The Board of the Company has also adopted a Code of Conduct (Code) which applies to the Directors, Key Managerial Personnel and the senior management of the Company. The Company obtains an annual confirmation affirming compliance with the Code from the Directors Key Managerial Persons and the senior management every year. Board’s Report