Sl No Particulars Withholding tax rate Documents required (if any) 3 Indian Branch of a Foreign Bank NIL Lower tax deduction certificate u/s 195(3) obtained from Income Tax Authority Self-declaration confirming that the income is received on its own account and not on behalf of the Foreign Bank 4 Availability of Lower/NIL tax deduction certificate issued by Income Tax Department u/s 197 of Income Tax Act, 1961 Rate specified in certificate Lower tax deduction certificate obtained from Income Tax Authority Notes: i. The Company will issue soft copy of the TDS certificate to its members through email registered with the Company / KFintech post payment of the dividend. Members will be able to download the TDS certificate from the Income Tax Department’s website https://incometaxindiaefiling.gov.in (refer to Form 26AS). ii. The aforesaid documents such as Form 15G/ 15H, documents under section 196, 197A, FPI Registration Certificate, Tax Residency Certificate, Lower Tax certificate etc. can be uploaded on the link https://ris.kfintech.com/form15/ on or before July 31, 2023 to enable the Company to determine the appropriate TDS / withholding tax rate applicable. Any communication on the tax determination/deduction received post July 31, 2023 shall not be considered. iii. Application of TDS rate is subject to necessary verification by the Company of the member details as available in Register of Members as on the Record Date and other documents available with the Company / RTA. iv. In case TDS is deducted at a higher rate, an option is still available with the member to fi le the return of income and claim an appropriate refund. v. In the event of any income tax demand (including interest, penalty, etc.) arising from any misrepresentation, inaccuracy or omission of information provided by the Member(s), such Member(s) will be responsible to indemnify the Company and also provide the Company with all information/documents and cooperation in any appellate proceedings. vi. This Communication is not exhaustive and does not purport to be a complete analysis or listing of all potential tax consequences in the matter of dividend payment. Members should consult their tax advisors for requisite action to be taken by them. 22. IEPF RELATED INFORMATION: Pursuant to the provisions of Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules as amended from time to time, the Company has uploaded the details of unclaimed/ unpaid amounts lying with the Company as on August 22, 2023 (date of the last AGM) on the website of the Company (www.heritagefoods.in) and also on the website of the Ministry of Corporate Affairs, the information in respect of such unclaimed/ unpaid dividend and the last date for claiming the same are given below: Financial year Date of Declaration of Dividend Last date for claiming Unpaid Dividend Unclaimed/Unpaid Dividend as on March 31, 2024 Amount outstanding (₹ in Rupees) No. of Shares 2016-17 23-08-2017 27-09-2024 2,843,592.00 7,10,898 2017-18 30-08-2018 04-10-2025 1,439,944.00 7,19,972 2018-19 30-08-2019 04-10-2026 1,414,052.00 7,07,026 2019-20 28-08-2020 03-10-2027 16,16,523.50 4,91,471 2020-21 30-07-2021 03-09-2028 23,66,387.00 5,46,894 2021-22 21-10-2021 (1st Interim Dividend) 25-11-2028 12,62,679.50 5,96,345 2021-22 29-07-2022 (Final Dividend) 02-09-2029 13,61,023.50 6,20,841 2022-23 22-08-2023 26-09-2030 15,81,934.00 7,14,146 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 Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended from time to time the unclaimed/unpaid dividend amount of ` 16,84,803/- (Sixteen Lakhs Eighty Four Thousand Notice STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 49 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24
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