BRSR STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 111 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24 Sr. No. Stakeholder Group Whether identified as Vulnerable & Marginalized Group Channels of communication Details of Other Channels of communication Frequency of engagement Details of Other Frequency of engagement Purpose and scope of engagement including key topics and concerns raised during such engagement 2 Shareholders and investors No Other Emails, Newspaper, Analyst Calls, Quaterly/ Annual Result, Press Release, Presenttation, Stock Exchanges and Website Others – please specify Ongoing To give an update on the developments in the Company 3 Customers No Other Advertisements, Website Others – please specify Ongoing Stay in touch with customers and to receive their feedback on various products that the Company manufactures and deals with. 4 Vendors and suppliers No Other Email, Meetings and Website Others – please specify Ongoing Stay in touch with vendors and suppliers, who supply and deal in the products of the Company. 5 Farmers No Other APP, SMS and Meetings Others – please specify Ongoing Timely payment for milk procurement and also the Company engages with dairy farmers and other farmers who form a part of the value chain directly or indirectly for training/awareness on good farming practices, helping them to grow high genetics, providing high quality feed, and develop resilient, sustainable farms. 6 Communities and NGOs No Community Meetings Others – please specify On need basis For supporting various initiatives taken for community development 7 Regulatory Authorities No Other Email and submissions Others – please specify On need basis In relation to Compliances with applicable laws, Industry concerns, changes in regulatory frameworks, skill and capacity building, employment Leadership Indicators 1. Provide the processes for consultation between stakeholders and the Board on economic, environmental, and social topics or if consultation is delegated, how is feedback from such consultations provided to the Board. The Company maintains consistent and proactive engagement with our major stakeholders, that allows the Company to articulate the strategy and results. To align expectations, the Company encourages effective communication and participation. The Board is regularly updated on important developments, and their feedback is solicited. 2. Whether stakeholder consultation is used to support the identification and management of environmental, and social topics (Yes / No). If so, provide details of instances as to how the inputs received from stakeholders on these topics were incorporated into policies and activities of the entity. Yes, the stakeholder engagement included consultation of ESG topics. The materiality assessment identified a list of material themes that are the most relevant and applicable to the Company, and measures will be taken in response to them. The Company make certain that it incorporates stakeholder inputs into processes and policies. Link : https://www.heritagefoods.in/static/images/pdf/brsr.pdf 3. Provide details of instances of engagement with, and actions taken to, address the concerns of vulnerable/ marginalized stakeholder groups. The Company conducts need based assessments in the communities it operates prior to starting the projects there. All the projects involve active stakeholder consultations and engagements to understand their stance and address their concerns.
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