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 The voting rights on the shares outstanding shall remain frozen till the rightful owner of such shares claim the shares. The company sends reminders to the members concerned to claim the unclaimed and unpaid dividends & shares thereto before they are transferred to the IEPF Authority as per the applicable provisions. The members whose shares got transferred to IEPF Authority shall claim the dividends and shares from IEPF Authority by submitting an online application in the prescribed e-Form No. IEPF-5 available on the website www.iepf.gov.in and the procedure prescribed thereon. Mr. Umakanta Barik is the Nodal Officer who was appointed by the Company under the provisions of IEPF. Risk Management Your Company have constituted a Risk Management Committee pursuant to Section 134 (3) (n) of the Companies Act, 2013 & Regulation 21 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, which has been entrusted with the responsibility to assist the Board in (a) Overseeing and approving the Company’s enterprise risk management framework; and (b) Overseeing that all the risks that the organization faces such as strategic, financial, credit, market, liquidity, security, property, Information Technology, legal, regulatory, reputational and other risks have been identified and assessed and there is an adequate risk management infrastructure in place capable of addressing those risks. The Committee had formulated a Risk Management Policy for dealing with different kinds of risks which it faces in day to day operations of the Company. Risk Management Policy of the Company outlines different kinds of risks and risk mitigating measures to be adopted by the Board. The Risk Management Procedure shall be reviewed by the Risk Management Committee and Board of Directors on a half- yearly basis at the time of review of Financial Results of the Company. The policy is available in the Company website: www.heritagefoods.in>Investor> policies Policy on Sexual Harassment The Company is committed to providing a safe and conducive work environment to all its employees and associates. Your Company has constituted an Internal Complaints Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and has a policy and framework for employees to report sexual harassment cases at workplace. The Company’s process ensures complete anonymity and confidentiality of information. Adequate workshops and awareness programmes against sexual harassment are conducted across the organization. The below table provides details of complaints received/ disposed during the financial year 2023-24: No. of complaints at the beginning of financial year: Nil No. of complaints filed during the financial year : Nil No. of complaints disposed during the financial year : Nil No. of complaints pending at the end of financial year : Nil As per the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, your Company follows calendar year for annual filling with statutory authority Vigil Mechanism policy The Board of Directors of the Company had adopted the Whistle Blower Policy in compliance with the provisions of Section 177 of the Companies Act, 2013 and Regulation 22 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A mechanism has been established for employees to report concerns about unethical behaviour, actual or suspected fraud, or violation of Code of Conduct and Ethics. It also provides for adequate safeguards against the victimization of employees who avail of the mechanism and allows direct access to the Chairperson of the Audit Committee in exceptional cases. The Audit Committee reviews periodically the functioning of whistle blower mechanism. No complaints have been received during the Financial Year ended March 31, 2024. No personnel have been denied access to the Audit Committee during the Financial Year 2023-24. The details of said vigil mechanism are given in Corporate Governance Report, which forms part of this Annual Report. A copy of the Whistle Blower Policy is available in the company’s website i.e. www.heritagefoods.In. Indian Accounting Standards (Ind AS) The Company has adopted Indian Accounting Standards (Ind AS) with effect from April 1, 2017 pursuant to Ministry Board's Report STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 74 32ND ANNUAL REPORT 2023-24 | HERITAGE FOODS LTD
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