BRSR STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 95 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24 22. Participation/Inclusion/Representation of women Total (A) No. and percentage of Females No. (B) % (B/A) Board of Directors 7 3 42.86% Key Management Personnel* 6 2 33.33% * including Directors. This is higher than the industry average of 15%-23% women in Dairy boards as published by IICA 2023 as a result Heritage Foods has higher Women Empowerment in CXO compared to the industry baseline standards. 23. Turnover rate for permanent employees and workers (disclose trends for the past 3 years) FY 2024 FY2023 FY2022 Male Female Others Total Male Female Others Total Male Female Others Total Permanent Employees(%) 18.62 0.28 0 18.91 22.30 1.20 0 23.50 24.77 0.50 0 25.27 Permanent Workers(%) 0 0 0 0 0 0 0 0 0 0 0 0 • As per National Dairy Board, the estimated turnover in the Dairy industry for 2023-24 is at 38%.in comparison, Heritage Foods have maintained a lower 18.91% in comparison to industry baseline and striving several employee and worker welfare activities year on year thereby reducing the Employee/Workers Turnover by 4.59% in FY2023-24. This included providing Health care facilities such as free clinic medical services to underprivileged communities on a daily basis and providing healthcare services and treatment to individuals in rural areas through Mobile Clinic by the CSR Implementing agency NTR Memorial Trust. V. Holding, Subsidiary and Associate Companies (including joint ventures) 24. Name of holding/subsidiary/associate companies/joint ventures Sl. No. Name of the holding/ subsidiary/associate companies/joint ventures (A) Indicate whether Holding/ Subsidiary/ Associate/ Joint Venture % of shares held by the Company Does the entity indicated at column A, participate in the Business Responsibility initiatives of the Company (Yes/No) 1 Heritage Nutrivet Limited Subsidiary 100% No 2 Skil Raigam Power (India) Limited Associate 43.33% No 3 Heritage Novandie Foods Private Limited Joint Venture 50% No VI. CSR Details 25. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes (ii) Turnover (in ` Mn) : 37,343.45 (iii) Net worth (in ` Mn) : 8,034.98 During FY 2023-24, the Company has allocated ` 31.42 million for carrying out the CSR Activities under Ongoing/ multi-year project and the company has yet to spend the said amount as on 31st March, 2024. The unspent amount of ` 31.42 millions was transferred to unspent CSR account and will be spent on or before 31st March 2027 in accordance with the CSR Amendment Rules. However as on the report date ` 30 million was spent towards CSR activities for FY 2023-24. Initiatives like : * Health care facilities - Free Clinic Health care facilities by providing free clinic medical services to underprivileged communities on a daily basis and providing healthcare services and treatment to individuals in rural areas through Mobile Clinic by the Implementing agency NTR Memorial Trust;* *VET Care for Milch Animals and Fodder Feed improvement and reduction of Methane content and Milk production increase at lower cost and Animal Hygiene,*Free Medical Checkup camps in villages and for workers.*Setup of Oxigen Centres in Underdeveloped areas.
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