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 4. Heritage Finlease Limited Enterprise over which Vice-Chairperson & Managing Director, Executive Director and President of the Company exercise significant influence Remittance of loan proceeds collected on behalf of Heritage Finlease Limited 1860.76 As per agreement Cattle loan facilitation charges 3.76 As per agreement Deposit paid 25.04 As per the lease agreement Lease rentals paid 26.52 Others 0.59 During FY 2022-23 5. NTR Memorial Trust Enterprise in which Vice-Chairperson & Managing Director, Executive Director of the Company exercise significant influence CSR expenditure Sale proceeds 25.49 0.51 As per CSR initiatives Sale order 6. Mrs. N Bhuvaneswari Key Managerial personnel (Vice Chairperson and Managing Director) Short-term employee benefits 47.90 As per the 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 38.32 As per the terms of appointment Post-employment benefits 0.49 Deposit Paid 5.74 As per the lease agreement Lease Rentals 3.83 8. Master N Devaansh Relative of Executive Director and Vice –chairperson & Managing Director Deposit Paid Lease Rentals 5.74 3.83 As per the lease agreement 9. Dr. M Sambasiva Rao Key Managerial personnel (President) Short-term employee benefits 23.85 As per terms of appointment Post-employment benefits 0.81 10. Mr. Srideep M Kesavan Key Managerial personnel (CEO) Short-term employee benefits 16.11 As per terms of appointment Post-employment benefits 0.87 11. Mr. A Prabhakara Naidu Key Managerial personnel (Chief Financial Officer) Short-term employee benefits 9.02 As per terms of appointment Post-employment benefits 0.49 Other long-term benefits 0.47 12. Mr. Umakanta Barik Key Managerial personnel (Company Secretary & Compliance Officer) Short-term employee benefits 4.03 As per terms of appointment Post-employment benefits 0.22 Heritage Foods Limited | 31st Annual report 2022-23 88
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