iii. Reconciliation of number of equity shares outstanding at the beginning and end of the year 31 March 2023 31 March 2022 Number Amount Number Amount Equity shares At the beginning of the year 4,63,98,000 231.99 4,63,98,000 231.99 Add: Issues during the year - Rights issue 4,63,98,000 231.99 - - At the end of the year 9,27,96,000 463.98 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 Name of the equity shareholders 31 March 2023 31 March 2022 Number % holding Number % holding N Bhuvaneswari 2,26,11,525 24.37% 1,06,61,652 22.98% Nirvana Holdings Private Limited 1,09,13,107 11.76% 51,45,684 11.09% N Lokesh 1,00,37,453 10.82% 47,32,800 10.20% Megabid Finance & Investment Private Limited 51,90,937 5.59% 24,47,600 5.28% DSP Small Cap Fund 48,61,036 5.24% - - 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 fi ve years preceding the balance sheet date. vii. Shareholding of Promoters as at 31 March 2023 Name of the promoter * As at 31 March 2023 As at 31 March 2022 % Change during the year No. of Shares % of total shares No. of Shares % of total shares N Bhuvaneswari 2,26,11,525 24.37% 1,06,61,652 22.98% 1.39% N Lokesh 1,00,37,453 10.82% 47,32,800 10.20% 0.62% Megabid Finance & Investment Private Limited 51,90,937 5.59% 24,47,600 5.28% 0.32% N Brahmani 4,30,952 0.46% 2,03,200 0.44% 0.03% V Nagaraja Naidu - 0.00% 1,00,000 0.22% (0.22%) N Devaansh 56,075 0.06% 26,440 0.06% 0.00% Ramakrishna Nandamuri 800 0.00% 400 0.00% 0.00% N P Ramakrishna 1,16,971 0.13% 56,971 0.12% 0.00% Durga Ramakrishna N P 71,590 0.08% 33,756 0.07% 0.00% Neelima N P 64,950 0.07% 30,625 0.07% 0.00% Summary of the significant accounting policies and other explanatory information (All amounts in ` millions, except share data and where otherwise stated) Heritage Foods Limited | 31st Annual report 2022-23 216
RkJQdWJsaXNoZXIy NTE5NzY=