Consolidated STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 280 32ND ANNUAL REPORT 2023-24 | HERITAGE FOODS LTD 32. Earnings per equity share (EPES) For the year ended 31 March 2024 31 March 2023 Attributable to Owners of the Company Profit from continuing operations 1,065.49 579.76 Profit from discontinued operations - - Profit for the year 1,065.49 579.76 Weighted average number of equity shares outstanding during the year# 9,27,96,000 9,16,34,554 Earnings per equity share (in absolute ₹ terms) Nominal value per equity share 5.00 5.00 Basic and Diluted EPES from continuing operations 11.48 6.33 Basic and Diluted EPES from discontinued operations - - Basic and Diluted EPES from continuing and discontinued operations 11.48 6.33 The Company have potential dilutive equity shares as on 31 March 2024 and 31 March 2023. #The Holding Company had allotted 46,398,000 equity shares of ₹5/- each at face value aggregating to ₹231.99 through right issue on 21 February 2023. 33. Dividend proposed before approval or issue of the financial statements The dividend amount per equity share proposed or declared in accordance with the provisions of Section 123 of the Act is as follows: For the year ended 31 March 2024 31 March 2023 Proposed final dividend on equity shares of ₹5 each * Per equity share (in absolute ₹ terms) 2.50 2.50 Amount 231.99 231.99 (*) The proposed final dividend, is subject to the approval of shareholders in the ensuing Annual General Meeting of the Holding Company and accordingly not recognized as a liability in accordance with the applicable accounting principles. Note: The Holding Company has paid a dividend of ₹2.50 per share during the year ended 31 March 2024 (31 March 2023: ₹2.5 per share) amounting to ₹231.99 (31 March 2023: ₹116.00). 34. Disclosure pursuant to requirements of Rule 11(e) (i) & (ii) of the Companies (Audit and Auditors) Rules (i) No funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the Group to or in any other person(s) or entity(ies), including foreign entities (“Intermediaries”) with the understanding, whether recorded in writing or otherwise, that the Intermediary shall lend or invest in party identified by or on behalf of the Group (Ultimate Beneficiaries). (ii) The Group has not received any fund from any party(s) (Funding Party) with the understanding that the Group shall whether, directly or indirectly lend or invest in other persons or entities identified by or on behalf of the Group (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries. Summary of the material accounting policies and other explanatory information (All amounts in ₹ millions, except share data and where otherwise stated)
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