Key Managerial Personnel During the year under review, the Company is having the following persons as Key Managerial Personnel. Name of the Official DIN/M. No Designation Mrs. N. Bhuvaneswari 00003741 Vice Chairperson& Managing Director Mrs. N. Brahmani 02338940 Executive Director Mr. A Prabhakara Naidu FCA 200974 Chief FinancialOfficer Mr. Umakanta Barik FCS 6317 Company Secretary& Compliance Officer Dr. M Sambasiva Rao - President Mr. Srideep Madhavan Nair Kesavan* - Chief Executive Officer * Hereinafter referred as Mr. Srideep M Kesavan Committees of the Board The Committees of the Board focus on certain specific areas and make informed decisions in line with the delegated authority. The following Committees constituted by the Board function according to their respective roles and defined scope: a) Audit Committee b) Nomination and Remuneration Committee c) Corporate Social Responsibility Committee d) Stakeholders’ Relationship Committee e) Risk Management Committee f ) Management Committee g) Rights Issue Committee A detailed note on the Board and its committees is provided under the Corporate Governance Report section in this Annual Report. The composition of the committees and compliances, as per the applicable provisions of the Act and Rules, are as follows: Name of the Committee Composition of the Committee Highlights of roles and responsibilities Audit committee Mrs. Aparna Surabhi (C) Mr. N Sri Vishnu Raju (M) Mr. Rajesh Thakur Ahuja (M) Mr. M P Vijay Kumar (M) Dr. V Nagaraja Naidu (M) • All recommendations made by the audit committee during the year were accepted by the Board. • Reviewing, with the management, the quarterly financial statements before submission to the Board for approval. • Approval or any subsequent modification of transactions of the Company with related parties. • Reviewing, with the management, the performance of statutory auditors and internal auditors, adequacy of internal control systems, etc. Nomination and Remuneration Committee Mr. N Sri Vishnu Raju (C) Mr. Rajesh Thakur Ahuja (M) Mrs. Aparna Surabhi (M) Mr. M P Vijay Kumar (M) • The committee oversees and administers executive compensation, operating under a written charter adopted by our Board of Directors. • The nomination and remuneration committee has framed the nomination and remuneration policy. Corporate Social Responsibility Committee Mr. Rajesh Thakur Ahuja (C) Mr. N Sri Vishnu Raju (M) Mrs. N Bhuvaneswari (M) • To formulate and recommend to the Board, a Corporate Social Responsibility (CSR) Policy indicating activities to be undertaken by the Company in compliance with provisions of the Companies Act, 2013 and rules made there under. • To monitor the implementation of the CSR Policy of the Company from time to time Heritage Foods Limited | 31st Annual report 2022-23 78
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