167 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24 Corporate Governance Report STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS Unclaimed Suspense Account maintained with Stock Holding Corporation of India Limited, Reg. Office: 301, Centre Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai – 400012, Maharashtra, India vide DPID IN301330 and client ID 41280635. Out of the total number of eligible shareholders, 334 numbers of shareholders who applied in the rights issue did not get the credit of shares due to their incorrect details provided in the rights issue application all those shares were transferred to Heritage Foods Limited - Rights Shares unclaimed suspense account. At the beginning of the financial year i.e., April 01, 2023, the 205 shareholders holding 56,633 equity shares are lying in the Unclaimed Suspense account. In accordance with the requirement of Clause F of Schedule V of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Company reports the following details in respect of equity shares lying in the suspense account: Particulars No. of Shareholders No. of equity shares Aggregate number of shareholders and the outstanding shares in the suspense account lying at the beginning of the year i.e., April 01, 2023 205 56,633 Number of shareholders who approached listed entity for transfer of shares from suspense account during the year 163 52,776 Number of shareholders to whom shares were transferred from suspense account during the year 163 52,776 Transferred to Investor Education and Protection fund Authority Nil Nil Aggregate number of shareholders and the outstanding shares in the suspense account lying at the end of the year i.e. March 31, 2024 *42 3,857 * Out of the aggregate number of shareholders and the outstanding shares in the suspense account lying at the end of the year i.e. March 31, 2024, 21 shareholders holding 2,645 equity shares were transferred from the Unclaimed Suspense account as on April 22, 2024. Hence as on the date of this report 21 shareholders holding 1,212 equity shares are lying in the Unclaimed Suspense account. The voting rights on the shares outstanding in the suspense account as on March 31, 2024 shall remain froze till the rightful owner of such shares claim the shares. 17. Disclosure under clause 5A of paragraph A of Part A of Schedule III of Listing Regulations. There are no agreements entered into by the shareholders or promoters or promoter group entities or related parties or directors or key managerial personnel or employees of the Company or its subsidiaries which either directly or indirectly or has a potential to impact the management or control of the Company by imposing any restrictions or creating any liability upon the Company as specified in Clause 5 A of Paragraph A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 18. Transfer of unpaid/unclaimed amounts to Investor Education and Protection Fund During the year under review, the Company has transferred ₹16,84,803 /- (Sixteen Lakhs Eighty Four Thousand Eight Hundred Three only) towards the unclaimed/unpaid dividend amount for the financial year 2015-16 to the Investor Education and Protection Fund (IEPF) pursuant to Section 124(5) of the Companies Act, 2013 [Section 205C (2) of the Companies Act, 1956] read with the Investor Education and Protection Fund (awareness and protection of Investors) Rules, 2001 as amended from time to time. In compliance with the provisions of Section 124 of the Companies Act, 2013, the Company has transferred the 5,198 equity shares belongs to 14 members of the company to the Investor Education and Protection fund Authority (IEPF) on October 13, 2023 of those members who have not claimed the dividends for a continuous period of 7 years. Pursuant to Section 124(5) of the Companies Act, 2013 [Section 205C (2) of the Companies Act, 1956] read with the Investor Education and Protection Fund (awareness and protection of Investors) Rules, 2001 as amended from time to time the unclaimed/ unpaid dividend and the shares thereof pertaining for the financial year 2016-17 shall be transferred to the Investor Education and Protection Fund during the financial year 2024-25. 19. Secretarial Audit A qualified practicing Company Secretary has carried out Secretarial Audit every quarter to reconcile the total admitted capital with National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) and physical share with the total issued and listed capital. The audit confirms that the total issued/ paid up capital is
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