quarterly certification on financial results while placing the financial results before the Board in terms of Regulation 33(2) (a) of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015. The annual certificates given by the Vice-Chairperson & Managing Director, Chief Executive Officer and Chief Financial Officer forms part of this Annual Report. Corporate Social Responsibility (CSR) Your Company has made Corporate Social Responsibility (CSR) an integral part of its ethos and culture. Your company has constituted a Corporate Social Responsibility Committee (“CSR Committee”) in accordance with Section 135 of the Companies Act, 2013. A robust system of reporting and monitoring has been put in place to ensure effective implementation of planned CSR initiatives. The CSR activities / projects as per the provisions of the Companies Act, 2013 and rules made thereof, is undertaken directly by the Company or through a registered trust or a registered society. During the Financial Year 2023-24 the CSR Committee of the Board evaluated various options to implement the CSR activities and decided to contribute the mandated CSR amount to the following implementing Agency: Sl. No Name of the implementing Agency List of Activities 1. NTR Memorial Trust, NTR Bhavan, Rd No. 2, Banjara Hills, Hyderabad -500034, Telangana To carry out the activities such as promoting education, enhancing the vocational skill & supply of clean drinking water, disaster management, relief and rehabilitation etc. NTR Memorial Trust NTR Memorial Trust is operating since 1997 towards the promoting and preventive of health care of the needy groups, meeting the educational needs of underprivileged students, advancing the concept of entrepreneurship and self-employment and offering support and relief during disasters and lot more other initiatives for the upliftment of the backward and needy population in the society. The total CSR obligation of the Company for spending in FY 2023-24 was ` 31.42 million on ongoing/multiyear projects. The details of the CSR initiatives undertaken by the Company on CSR activities during the year are set out in Annexure-4 forming part of the Board’s Report in the format prescribed in the Companies (Corporate Social Responsibility Policy) Rules, 2014. These projects are in accordance with Schedule VII of the Companies Act, 2013 and the Company’s CSR Policy. The Policy is available at the Company’s website at www.heritagefoods.in. Business Responsibility and Sustainability Report (BRSR) Pursuant to regulation 34(2)(f) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, top 1000 listed entities based on their market capitalisation as on 31st March every year, are required to submit their Business Responsibility and Sustainability Report (BRSR) as a part of their Annual Report. The Annual Report shall contain a Business Responsibility and Sustainability Report (BRSR) describing the initiatives taken by the Company from an environmental, social and governance perspective. BRSR has been designed as a tool to help companies understand the principles and core elements of responsible business practices and start implementing which reflect their adoption in the manner the company undertakes its business. Based on the market capitalization of BSE as on March 31, 2024 your Company was at sl no. 789 under top 1000 listed Company. In compliance with the regulation, the BRSR is provided in a separate section and forms an integral part of this Report. Energy Conservation, Technology Absorption & Foreign Exchange Earnings & Outgo The particulars as prescribed under Sub-section (3)(m) of Section 134 of the Companies Act 2013, read with the Companies (Accounts) Rules, 2014 are provided in the Annexure-5 to the Board Report. Transfer of Un-Claimed Dividends and Shares Pursuant to Section 124(5) of the Companies Act, 2013 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 Eight Hundred Three Only) for the year 2015-16 was transferred to the Investor Education and Protection Fund during the financial year 2023-24. In compliance with the provisions of Section 124 of the Companies Act, 2013, the Company has transferred 5,198 (Five Thousand One Hundred Ninety Eight) no of equity shares belongs to 14 members of the company to 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. The information in respect of unclaimed/unpaid dividend & shares thereto and the last date for claiming the dividend are given below: Board's Report STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 73 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24
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